tech layoffs

Tech Layoffs ‘Become Contagious’ Amid AI Investments
Tech Layoffs ‘Become Contagious’ Amid AI Investments
February 11, 2024  |  artificial intelligence

Tech firms have cut 34,000 jobs so far this year amid new investments in technology. A total of 141 companies have cut staff this year...

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Snapchat Parent to Cut 10% of Global Staff
Snapchat Parent to Cut 10% of Global Staff
February 05, 2024  |  Personnel

Snap has become the latest tech company to cut staff as it chases profitability. The Snapchat parent company announced in a Securities and Exchange Commission (SEC)...

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Report: Snapchat Cuts Dozens of Jobs With More Layoffs Planned
Report: Snapchat Cuts Dozens of Jobs With More Layoffs Planned
February 04, 2024  |  Social Commerce

Snapchat parent Snap has reportedly laid off workers with more job cuts to come. The social media platform cut several dozen staff members last week, Business Insider reported Saturday (Feb....

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Google Chief Warns of More ‘Role Eliminations’ After YouTube Layoffs
Google Chief Warns of More ‘Role Eliminations’ After YouTube Layoffs
January 18, 2024  |  Big Tech

Google’s CEO has reportedly warned employees to expect more job cuts this year. “We have ambitious goals and will be investing in our big priorities this...

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Report: Apple to Consolidate AI Team in Austin
Report: Apple to Consolidate AI Team in Austin
January 14, 2024  |  artificial intelligence

Apple is reportedly closing down a 121-person artificial intelligence (AI) team based in San Diego. This group, called Data Operations Annotations, was informed last week...

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Google Slashes Hundreds of Jobs as Companies Prioritize AI
Google Slashes Hundreds of Jobs as Companies Prioritize AI
January 11, 2024  |  Google

Google is reportedly laying off hundreds of workers in its ongoing cost-cutting campaign. The tech giant plans to cut positions in its voice assistant business,...

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Spotify CEO on Layoffs: ‘Our Cost Structure is Too Big’
Spotify CEO on Layoffs: ‘Our Cost Structure is Too Big’
December 04, 2023  |  Personnel

Spotify is laying off 17% of its workforce as the streaming audio platform tries to cut costs. “The Spotify of tomorrow must be defined by...

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1 in 5 Consumers Cite Job Loss as Reason for Depleting Savings
1 in 5 Consumers Cite Job Loss as Reason for Depleting Savings
October 30, 2023  |  Consumer Insights

Despite a decline in inflation rates, living paycheck to paycheck remains the predominant lifestyle for a significant portion of Americans.  This financial tightrope is not limited to those with...

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First-Quarter Earnings Calls Show Shift From Growth to Efficiency
First-Quarter Earnings Calls Show Shift From Growth to Efficiency
May 01, 2023  |  Earnings

A shift from growth to efficiency is showing up in earnings calls across industries. With half of the S&P 500 having held calls for last...

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