Business
Roku is cutting about 10% of its workforce, or 360 people, and it will limit new hiring as it cuts costs to stem a series of quarterly losses.
Sep 6, 2023
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Business
Italy's Agnelli family has acquired a 15-percent stake in Dutch medical technology firm Philips, the latest move into the health sector for the storied industrial dynasty, the two groups said Monday.
Aug 14, 2023
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Business
The wobbly Bay Area tech sector may be starting to stabilize after 18 brutal months of layoff announcements that revealed plans to chop more than 25,000 tech jobs in the nine-county region.
Jul 17, 2023
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Business
Tech titans Mark Zuckerberg and Elon Musk are in a fierce business rivalry that has spilt over into a playground spat, with the two men offering to fight each other in a cage.
Jun 22, 2023
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Business
Pulitzer Prize winning digital media outlet BuzzFeed News is being shut down as part of a cost-cutting drive by its corporate parent that's shedding about 15% of its entire staff, adding to layoffs made earlier this year.
Apr 20, 2023
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Business
Tech and biotech layoffs have worsened in the Bay Area, a fresh round of cutbacks resulting from job cuts at tech titan Microsoft and genetic testing firm Natera, according to official state government filings.
Mar 23, 2023
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Business
Amazon plans to eliminate 9,000 more jobs in the next few weeks, CEO Andy Jassy said in a memo to staff on Monday.
Mar 20, 2023
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Business
Tech and biotech companies have begun to reveal plans for multiple rounds of job cuts in the Bay Area, disquieting disclosures that suggest the current layoff surges will be ongoing.
Feb 14, 2023
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Business
When their phone pinged with a meeting reminder in January, one former Amazon employee was confused. The company had let them go four days earlier—yet they were still getting invitations to new meetings.
Feb 10, 2023
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Business
In just the past month there have been nearly 50,000 job cuts across the technology sector. Large and small tech companies went on a hiring spree in over the past several years due to a demand for their products, software ...
Jan 31, 2023
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