Layoffs

Elon Musk's Tesla And xAI Look To Hire Networking Engineers Amid AI Expansion Plans
Microsoft Carries Out Another Round Of Layoffs Across Teams And Geographies, Third This Year So Far
FedEx Q4 Earnings Preview: Share Buyback, Job Cuts, Eight Straight Revenue Misses Among Items To Watch
Microsoft Carries Out Another Round Of Layoffs Across Teams And Geographies, Third This Year So Far
FedEx Q4 Earnings Preview: Share Buyback, Job Cuts, Eight Straight Revenue Misses Among Items To Watch
Tesla Leads 2024 US Tech Layoffs So Far, Followed By Dell, Cisco, Xerox, PayPal, Microsoft
Zuckerberg Targets Meta's Top Brass In Planned Job Cuts As His Wealth Hits $181B, Stock Price Soars

Layoffs Recent News

CWA Charges Microsoft Supplier Lionbridge With Unfair Layoffs Of Unionizing QA Testers
The CWA charges Microsoft supplier Lionbridge with unfair layoffs of 160 unionizing QA testers, alleging illegal union-busting practices.
Xbox Boss Phil Spencer On Microsoft Studio Closures: 'I Have To Run A Sustainable Business'
Xbox boss Phil Spencer addresses recent studio closures, emphasizing hard decisions for sustainability and supporting affected teams.
Dead By Daylight's Behaviour Interactive To Cut 95 Jobs Amid Strategic Shift
Behaviour Interactive announces layoffs, targeting 95 employees amid strategic shifts in response to industry competition.
Private Division Faces Closure: Take-Two To Sell Or Shutter Studios: Report
Discover the inside scoop on Take-Two's covert dismantling of indie label Private Division, as studios like Intercept Games and Roll7 face closure.
HR Expert Urges Elon Musk To Revamp Management Practices Amid Criticism Of Tesla's Hiring And Firing Tactics: '...Get Down Into The Weeds Like That Is The Worst Use Of His Time'
Alec Levenson, a senior research scientist, points out that while companies can be financially successful despite management flaws, better management could boost financial performance without hurting profits
TikTok Plans Layoffs Amid Pressure From Joe Biden's New Law With Divestment Ultimatum: Report
TikTok is reportedly planning to lay off a significant number of employees from its operations, content, and marketing departments.
Tesla Cuts Workforce By 10% In Norway, Offers Severance Package Amid Global Restructuring
The severance package comprises a minimum of three months of full salary without work obligations, even for those recently hired.
Elon Musk Fired Supercharger Chief Rebecca Tinucci And Her Entire Team After She Refused To Lay Off More Workers Than Planned: Report
This abrupt exit has caused disruption in a network that was considered a significant Tesla achievement and a key driver of its EV sales.
Square Enix Targets US, European Divisions For Layoffs After Poor Sales: Report
Square Enix plans layoffs in American and European divisions amid restructuring, targeting publishing, IT, and indie games staff.
Tesla Might Not Be 'Out Of The Woods Yet' But Gene Munster Feels EV Giant Will Return To Over 25% Growth In 2025
However, Munster is hopeful that in a couple of months, "the people that are still there will pick up the slack and continue to march forward."
Microsoft's Xbox Closes 4 Video Game Studios In Bethesda Restructure
Microsoft's cuts at Bethesda studios, including Arkane Austin and Tango Gameworks. Matt Booty, head of Xbox Game Studios, explains the move.
Peloton CEO Barry McCarthy Resigns As Company Decides To Downsize By 15%: 'No Other Way To Bring Its Spending In Line With Its Revenue'
The company also plans to scale back its retail footprint.
Google Eliminates 200 Jobs, Moves Roles to India And Mexico As Part Of Cost-Trimming Efforts
This story was first published on the Benzinga India portal.
29-Year-Old Tesla Worker Who Got Fired Says He Slept In Parking Lot, Showered At Factory And Ate Microwaved Dinner: 'Sacrificed A Lot For The Company'
He joined the EV maker in 2019 as a production associate and was a production supervisor overseeing 54 production associates.
After Tesla's Cost-Cutting, Rivian Trims Workforce Again This Year Amid Profitability Push
The EV startup had 16,790 workers as of Dec. 31, as per the report, which implies the latest round of cuts could amount to at least 150 jobs.
'The Street Wants and Needs Answers' From Elon Musk On Tesla Layoffs — Dan Ives Demands 'Rationale For The Cost Cutting'
Elon Musk, CEO of Tesla, is being called upon to clarify the circumstances surrounding the recent layoffs at the company. The move comes in the wake of a challenging period for the electric vehicle giant, with investors seeking reassurances.
Elon Musk's Top Deputy Made 'Difficult Decision To Move On From Tesla' As EV Maker Said To Be Laying Off Over 14,000 Workers: 'I Have No Concrete Plans'
Tesla CEO Elon Musk has seen the departure of two of his top executives, including a senior VP after the electric car maker laid off over 10% of its global workforce.
'There Is Nothing I Hate More,' Elon Musk Tells Employees As Tesla Said To Be Laying Off Over 14,000 Workers To Slash Costs (UPDATED)
This news also follows Tesla's report of an 8.5% year-on-year decline in first-quarter vehicle deliveries, totaling 386,810 vehicles globally.
EA Drops UK Quality Team, Leaves 40 Apex Legends Staffers In Limbo
EA dissolves Apex Legends UK QA team, impacting 40 workers. This move does not appear linked to the layoff of 670 EA employees in February.
Amazon's AI Goals Could Hit Workforce As Broader Tech Sector Layoffs Recede
Amazon plays a major role in the tech and retail industries; its influence as a major employer is also one reason why AI can lead to layoffs.
Apple Killed Its Car, Display Projects, And Then It Culled 600 Jobs: Report (UPDATED)
Apple Inc. has laid off more than 600 employees in California as it restructures, ending its self-driving car and display projects.
Gaming Industry Layoffs: Nintendo Confirms Testing Department Cuts
Nintendo of America is undergoing significant changes in its testing department amidst a reported slowdown in game development and the apparent delay of the Switch 2.
Survey Reveals 87% Of Game Developers Embrace Open-Source Amid AI Concerns, Layoff Fears
In a recent survey, a resounding 87% of full-time game developers voiced their support for open-source software, signaling a significant shift in the industry's landscape.