More details come out on which departments saw layoffs at Google, Microsoft, Meta, Amazon and others

Discussion in 'other software & services' started by guest, Jan 21, 2023.

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  1. Rasheed187

    Rasheed187 Registered Member

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    They are doing this because they are afraid of Wall Street. They need to maintain a certain level of growth, both when it comes to revenue and profit, or their stockprice will go down, which will make the board of directors less rich, it's crazy when you think about it. On the other hand, perhaps they did overhire a bit in the recent years. But interesting to read that according to some studies, sacking lots of people won't actually improve things, at least not always.
     
    Rasheed187, Feb 11, 2023
    #26
  2. stapp

    stapp Global Moderator

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    Many Google employees are being asked to share desks to help cut costs.
    https://www.neowin.net/news/many-google-employees-are-being-asked-to-share-desks-to-help-cut-costs/
     
    stapp, Feb 23, 2023
    #27
  3. stapp

    stapp Global Moderator

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    stapp, Feb 24, 2023
    #28
  4. xxJackxx

    xxJackxx Registered Member

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    Laying off people to cut costs seems like a vicious circle. I don't have a solution but on a large enough scale I would assume a larger problem is coming.
     
    xxJackxx, Feb 24, 2023
    #29
  5. stapp

    stapp Global Moderator

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    Only 1 layoff to report here...the Zoom boss
    https://www.bbc.co.uk/news/technology-64835239
     
    stapp, Mar 4, 2023
    #30
  6. stapp

    stapp Global Moderator

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    stapp, Mar 14, 2023
    #31
  7. stapp

    stapp Global Moderator

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    stapp, Mar 30, 2023
    #32
  8. stapp

    stapp Global Moderator

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    stapp, Apr 27, 2023
    #33
  9. ronjor

    ronjor Global Moderator

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    ronjor, May 4, 2023
    #34
  10. ronjor

    ronjor Global Moderator

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    ronjor, May 9, 2023
    #35
  11. stapp

    stapp Global Moderator

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    stapp, May 16, 2023
    #36
  12. stapp

    stapp Global Moderator

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    BT to cut 55,000 jobs with up to a fifth replaced by AI
    https://www.bbc.co.uk/news/business-65631168
     
    stapp, May 18, 2023
    #37
  13. stapp

    stapp Global Moderator

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    https://www.neowin.net/news/spotify...st-group-combines-parcast-and-gimlet-studios/
     
    stapp, Jun 5, 2023
    #38
  14. stapp

    stapp Global Moderator

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    stapp, Jun 7, 2023
    #39
  15. stapp

    stapp Global Moderator

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    https://www.neowin.net/news/embrace...ring-with-layoffs-game-cancelations-and-more/

    Open letter from Embracer CEO.
    https://embracer.com/releases/open-letter-by-embracer-group-ceo-on-restructuring-program/
     
    stapp, Jun 13, 2023
    #40
  16. ronjor

    ronjor Global Moderator

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    ronjor, Aug 9, 2023
    #41
  17. ronjor

    ronjor Global Moderator

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    ronjor, Aug 14, 2023
    #42
  18. stapp

    stapp Global Moderator

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    https://www.ghacks.net/2023/08/25/t-mobile-layoffs-2023/
     
    stapp, Aug 25, 2023
    #43
  19. ronjor

    ronjor Global Moderator

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    ronjor, Sep 28, 2023
    #44
  20. ronjor

    ronjor Global Moderator

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    ronjor, Oct 6, 2023
    #45
  21. ronjor

    ronjor Global Moderator

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    Microsoft-owned LinkedIn lays off nearly 700 employees
     
    ronjor, Oct 16, 2023
    #46
  22. ronjor

    ronjor Global Moderator

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    ronjor, Oct 16, 2023
    #47
  23. ronjor

    ronjor Global Moderator

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    Google cuts dozens of jobs in news division
     
    ronjor, Oct 18, 2023
    #48
  24. ronjor

    ronjor Global Moderator

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    Nokia to cut up to 14,000 jobs as US demand shrinks, growth uncertain
     
    ronjor, Oct 19, 2023
    #49
  25. ronjor

    ronjor Global Moderator

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    ronjor, Nov 8, 2023
    #50
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