Google restructures finance team as part of AI shift, CFO tells employees in memo
Google Chief Financial Officer Ruth Porat wrote to employees that the finance teams would be restructured, a move that will include relocations and layoffs.
Tesla execs Drew Baglino and Rohan Patel depart as company announces steep layoffs
Tesla executives Drew Baglino and Rohan Patel are leaving the electric vehicle maker amid steep layoffs, they announced on Monday.
Apple lays off 614 workers after ditching self-driving car project
Apple is reportedly laying off 614 workers after cancelling its decade-long effort to build a self-driving electric car in its first round of job cuts since the pandemic.
Chrysler parent Stellantis laying off 400 salaried U.S. workers due to 'unprecedented uncertainties' Stellantis on Friday said the layoffs would affect about 2% of employees in certain units "after rigorous organizational reviews."
Bosch is all set to cut 3,500 jobs in the home appliances unit. The news was confirmed by the Bosch group which on Friday, February 23, said that it planned to axe 3,500 jobs at its BSH home appliances subsidiary by 2027.
Ebay implemented significant changes within its Web3 division. These changes resulted in a 30% reduction in the division’s workforce and the departure of a pivotal employee.
Job cuts are happening almost everywhere not just in the tech sector, but also in media, financial services, consumer and retail, health, and other industries.
More planned job cuts in 2024.
Disney and Paramount Global (PARA) join the list of giant companies planning to reduce headcount to cut costs.
More than one-third of video game developers were impacted by layoffs in 2023, according to a new survey. With AI automation looming, the industry is facing an outflow of talent.
Tata steel is set to lay off 3000 workers as part of its restructuring plans at its Port Talbot Plant in South Wales
#threadstorm #outreach #layoffs
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Citi to cut 20,000 jobs, posts $1.8 billion loss in 'disappointing' quarter
Near Foundation lays off 40% of workforce despite rosy financials
Tech layoffs in the spotlight again as 2024 kicks off with Xerox job cuts
Ditch the excuses - Do your own research and start somewhere
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#outreach #threadstorm #dyor #cryptocurrency #bitcointrading #trading #market #layoffs
More and more big tech laying off. IBM has followed suit. It seems some are actually laying off because others did, or were they all dying in silence before now? #layoffs
