Amazon is laying off an additional 9,000 employees. Getty Amazon is laying off another 9,000 employees. That’s on the top of the 18,000 job cuts announced earlier this year. CEO Andy Jassy said the additional cuts weren’t announced sooner because ...
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I was just laid off from Meta. We knew more cuts were coming from the news before Mark Zuckerberg even told us, and the way the layoffs were ultimately handled was very cold.
BrightMary Prescott says she and her teammates preemptively said their goodbyes to each other last week in anticipation of Meta’s latest layoffs. Mary Prescott Mary Prescott was just laid off from Meta after the company announced it’s cutting 10,000 more ...
Klaviyo conducts company-wide layoffs
BrightKlaviyo, an e-commerce marketing automation platform, has laid off 140 of its staff across all teams, including engineering and design, TechCrunch has learned from a number of sources. Klaviyo’s director of public relations, Lacey Berrien, confirmed the workforce reduction over ...
Donald Trump’s media company lays off some employees while waiting for regulators to approve SPAC merger, report says
BrightFormer President Donald Trump’s media firm has reportedly laid off some employees. Alex Brandon/AP Trump Media has laid off about half a dozen employees, sources told Bloomberg. The laid-off workers included Trump Media’s chief technology officer, per the report. It ...
Y Combinator cuts nearly 20% of staff, scales back growth stage investments
BrightY Combinator will be writing less checks toward late-stage companies, a scale back that also cost 17 team members – or roughly 20% of the accelerator’s employees – their jobs, according to a statement released on Monday. The accelerator told ...
Mass layoffs including workers who are pregnant or on parental leave may seem unfair, but it’s not illegal in the US — here’s why
BrightLabor lawyers told Insider that people who are pregnant or on FMLA leave aren’t automatically protected from mass layoffs. Izusek/Getty Images Critics have slammed some companies for laying off US workers on parental leave in recent months. But staff on ...
Atlassian cuts 5% of its workforce
BrightAtlassian, the company behind tools like Jira, Confluence and Trello, today announced that, after a reorg a month ago, it is now laying off about 500 employees. That’s about 5% of its total workforce. Atlassian co-founders and co-CEOs Mike Cannon-Brookes ...
I’m a Stanford professor who’s studied organizational behavior for decades. The widespread layoffs in tech are more because of copycat behavior than necessary cost-cutting.
BrightStanford professor Jeffrey Pfeffer says copycat behavior is a key factor in the mass layoffs sweeping tech, finance, and other industries. Nancy Rothstein Industries like tech, media, and finance have slashed thousands of jobs in the past few months. Companies ...
Google tells employees in its Cloud unit to share desks and attend the office on alternate days
BrightA Google office in San Francisco, California. Justin Sullivan/Getty Images Google Cloud staff have been asked to share desks and attend the office on alternate days. A Google spokesperson told Insider the move would allow it to use its spaces ...
Salesforce CEO says he took a 10-day ‘digital detox’ trip to French Polynesia before company layoffs
BrightMarc Benioff, chairman and CEO of Salesforce, told NYT he took a digital detox in the wake of layoffs beginning at the company. Reuters/Mike Blake Salesforce chief Marc Benioff told Insider he took a digital detox in October and December. ...