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Dropbox to lay off 500 employees, or about 16% of its workforce https://www.cnbc.com/2023/04/27/dropbox-layoffs-company-to-cut-500-employees.html Dropbox on Thursday announced plans to cut 500 employees, or about 16% of its workforce, according to a blog post on the company’s website. False 1 Edit Details Delete
Qualcomm to cut jobs; chip manufacturer to lay off 5% staff, say sources https://www.businesstoday.in/tech-today/news/story/qualcomm-to-cut-jobs-chip-manufacturer-to-lay-off-5-staff-say-sources-379381-2023-04-29 People aware of the matter claimed that most of the cuts would impact the mobile division of the tech giant. Qualcomm's mobile division will lay off about 20 per cent of its employees, according to the source. False 1 Edit Details Delete
Cognizant To Layoff 3,500 Employees, Says Revenue Will Decline In 2023 https://www.cnbctv18.com/education/cognizant-to-layoff-3500-employees-says-revenue-will-decline-in-2023-16564491.htm As a result of lower administration costs and higher other income, Cognizant's first quarter’s net profit increased 3 percent to $580 million. False 1 Edit Details Delete
Shopify cuts 20% of its workforce; shares surge on earnings beat https://www.cnbc.com/2023/05/04/shopify-cuts-20percent-of-its-workforce-shares-surge-on-earnings-beat.html Shopify on Thursday announced it’s cutting 20% of its workforce. The news came as it reported first-quarter earnings that beat analyst estimates on both the top and bottom lines. False 1 Edit Details Delete
April 2023 Job Cuts Fall to Lowest Point of the Year, up 176% Over Same Month Last Year, YTD up 322%; Hiring Down 81% YTD https://www.challengergray.com/blog/april-2023-job-cuts-fall-to-lowest-point-of-the-year-up-176-over-same-month-last-year-ytd-up-322-hiring-down-81-ytd/ Job Cuts Fall to Lowest Point of the Year, up 176% Over Same Month Last Year, YTD up 322%; Hiring Down 81% YTD False 1 Edit Details Delete
Construction Layoffs Jump In March As Homebuilding Slows https://www.bisnow.com/national/news/construction-development/construction-layoffs-back-to-pandemic-era-levels-118833 About 3.7% of the U.S. construction workforce was laid off in March, the highest percent since the early months of the pandemic, according to an Associated Builders and Contractors analysis of federal government data. False 1 Edit Details Delete
Meta’s next round of layoffs will start next week https://www.theverge.com/2023/5/19/23729900/meta-layoffs-business-roles-nick-clegg Meta employees are bracing for another round of layoffs. In a recording of a company meeting obtained by Vox, Meta president of global affairs Nick Clegg told employees that a “third wave is going to happen next week.” False 1 Edit Details Delete
Big tech companies now hiring low-paid H1B workers after mass layoffs: report https://www.wionews.com/technology/big-tech-companies-now-hiring-low-paid-h1b-workers-after-mass-layoffs-report-593608 After the tsunami of mass layoffs, big tech giants are now hiring lower-paid tech workers from foreign countries. False 1 Edit Details Delete
AI has infiltrated the hiring process — and it's making it miserable to find a new job https://www.businessinsider.in/policy/economy/news/why-job-searches-suck-right-now/articleshow/100420149.cms When Michael Keach was laid off in January after five years as a senior manager in the customer-service department at Wayfair, he was tentatively optimistic. False 1 Edit Details Delete
TECH Spotify lays off 200 employees, or about 2% of its workforce https://www.cnbc.com/2023/06/05/spotify-layoffs-200-employees-or-about-2percent-of-its-workforce-cut.html Streaming company Spotify announced Monday it was laying off 200 people, or about 2% of its workforce, as part of a “pivot” in its podcasting unit. False 1 Edit Details Delete
Job site ZipRecruiter cutting 20% of its staff https://edition.cnn.com/2023/06/01/tech/ziprecruiter-job-cuts/index.html Fewer employers looking for workers means 270 employees at job search site ZipRecruiter will soon be out of a job. False 1 Edit Details Delete
Grant Thornton Is Laying Off 300 U.S. Employees as Consulting Demand Falls https://www.wsj.com/articles/grant-thornton-is-laying-off-300-u-s-employees-as-consulting-demand-falls-7c0e5110 Grant Thornton Is Laying Off 300 U.S. Employees as Consulting Demand Falls False 1 Edit Details Delete
Friday Health Plans to lay off entire Colorado workforce https://www.bizjournals.com/denver/news/2023/06/21/friday-health-plans-layoffs-colorado-insurance.html The company cited factors that were "not previously reasonably foreseeable" for its abrupt end in operations. False 1 Edit Details Delete
KPMG to cut 5% of US jobs in fresh round of layoffs https://www.reuters.com/business/finance/kpmg-cut-5-us-jobs-fresh-round-layoffs-2023-06-26/ June 26 (Reuters) - KPMG is laying off 5% of its U.S. employees after feeling the pinch of "economic headwinds, coupled with historically low attrition," a spokesperson for the Big Four accounting giant said on Monday. False 1 Edit Details Delete