Browsing: Layoffs

The tech industry is undergoing a significant shift, moving away from employee perks and towards a more demanding, performance-driven environment. Fueled by economic pressures, pandemic-era changes, and a new wave of leadership, companies are embracing efficiency and intensity.

Amazon is implementing significant workforce reductions as it navigates a technology shift, focusing on automation and efficiency.

North Carolina-based tech company Wolfspeed Inc. announced plans to eliminate 180 positions.

Amazon CEO Andy Jassy is restructuring the company to reduce middle management layers and empower individual employees.

HP Inc. plans to cut up to 2,000 more jobs as part of its restructuring plan, citing economic concerns and a focus on artificial intelligence.

Autodesk, the San Francisco-based tech giant, announced it will cut 9% of its workforce, approximately 1,350 employees, as part of a restructuring plan focused on artificial intelligence and platform development.

Alphabet Inc. is implementing layoffs in its human resources and cloud divisions while increasing investment in artificial intelligence, according to internal memos.

A government technology unit, 18F, experiences cuts, leading to job losses and a response from Mark Cuban.

Billionaire investor Mark Cuban has offered support to recently laid-off federal tech workers, encouraging them to form a consulting company and capitalize on the demand for their skills.

Food delivery company Grubhub announces layoffs as part of its integration with new owner Wonder, impacting over 20% of its workforce.