Can layoffs harm shareholder returns?
In many notable bellwether companies, particularly in the technology, retail and financial services industries, this is taking the form of layoffs...
Tag : layoffs
IF Insights: By firing its ethical AI team, Microsoft enters into the zone of vulnerability
Microsoft has also reportedly removed the waitlist for its AI-powered 'Bing Chat', as the chatbot will now come with GPT-4 features...
Sacked Meta employee slams CEO, asks ‘Has Mark Zuckerberg taken a pay cut?’
A senior technical recruiter at Meta in the US was let go during the second round of layoffs, while on maternity leave...
In-person engineers outperformed remote workers, says Mark Zuckerberg as Meta starts its 2023 layoffs
Meta is putting a lot of effort into ensuring individuals form the connections they need to work productively...
Ford’s ‘self-repossessing car’: Nightmare for vehicle owners amid cost-of-living crisis
Ford joins the bandwagon, with its concept of 'connected vehicle data', where autonomous devices will punish car owners for defaulting on payments...
Conjuring opportunity from setbacks: Laid-off techies venture into start-up world
Start-up accelerator Y Combinator has seen applications increase by 20% in 2022, getting a total of more than 38,000...
Setback for ‘Saudi Vision 2030’? Crypto firm Kraken closes UAE office
The Kraken episode comes at a time when the crypto sector is undergoing prolonged negative volatility since 2022...
Tech layoffs intensify: Microsoft to cut 10,000 jobs
by WebAdmin
Microsoft's action might signal that employment losses in the tech industry will persist...
Layoffs 2023: Amazon, Salesforce start staff downsizing
by WebAdmin
The cuts will cover 6% of Amazon's 300,000-person corporate workforce...
Crypto exchange platform, Coinbase layoffs 18% staff
Employees were terminated with 14 weeks of severance pay....