Dive into the tech & future
Salesforce announced last month that is laying off about 10% of its workforce and will also be closing some offices. Its CEO Marc Benioff in a letter to employees said that the company made the decision to reduce headcount because the [economic] environment is challenging. Weeks after the layoffs, the top executive of the company … Read more
Tech companies are always in the news, usually touting the next big thing. However, the tech news cycle recently hasn’t been dominated by the latest gadget or innovation. Instead, layoffs are in the headlines. In the last year, more than 70,000 people globally have been laid off by Big Tech companies – and that doesn’t … Read more
It’s not been a great beginning for some IT pros in the year 2021. The technology industry globally has been ravaged by job cuts. The first 15 days of the year so far have reportedly seen 91 companies lay off over 24,000 tech employees. The outlook too is not very promising. Many reports signal worse … Read more
The massive job cuts by Amazon, one of the biggest private employers in the US, show the wave of layoff sweeping through the tech sector could stretch into 2023 as companies rush to cut costs, analysts said on Thursday. As a demand boom during the pandemic rapidly turns into bust, tech companies shed more than … Read more
NEW YORK: Layoffs that began in 2022 are accelerating across some technology companies. The tech industry is slashing jobs at a pace nearing the early days of the Covid-19 pandemic. In November, the most recent month for which data is available, the sector announced 52,771 cuts, for a total of 80,978 this year, according to … Read more