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In its most recent quarter, Microsoft reported $62 billion worth of revenue, $27 billion worth of operating income, and $21.9 billion worth of net income. It also recently cut 1,900 …
Tech layoffs scale to three-quarter high Read More
Another round of layoffs is hitting Twitch. The Amazon-owned livestreaming platform will cut 35% of its staff, or roughly 500 employees, Bloomberg reports, and will announce the reduction as early …
Twitch is laying off another 500 employees Read More
Spotify’s decision to lay off 17% of its staff is the leading technology story of the morning, and I wouldn’t fault you if you were a little confused why it …
Spotify’s layoffs make sense when you consider its margins and market Read More
The era of tech layoffs is not yet past, but it is losing some of its intensity and changing into a unique trend. The Exchange explores startups, markets and money. …
The era of tech layoffs is evolving in an interesting way Read More
TrueCar, a platform where people can research new and used car prices and find local dealer savings, is laying off 24% of staff due to a restructure, the company said …
TrueCar lays off 102 employees, taps new CEO amid restructure Read More
I know that TechCrunch is not a publication that talks about labor issues at length. But it turns out that much of the recent discourse in tech is giving rise …
Tech workers could take labor lessons from Hollywood’s writers Read More
GitHub, the popular developer platform, has laid off virtually its entire engineering team in India in an unusual move as the Microsoft-owned firm cuts its expenses amid the weakening global …
GitHub slashes engineering team in India Read More