Spotify to cut some 600 staff as tech woes spread
Swedish music streaming giant Spotify said Monday it was cutting six percent of its roughly 10,000 employees in the latest cost-cutting announcement among technology companies.
Jan 23, 2023
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Business
Swedish music streaming giant Spotify said Monday it was cutting six percent of its roughly 10,000 employees in the latest cost-cutting announcement among technology companies.
Jan 23, 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 20, 2023
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Business
Coinbase is cutting approximately 20% of its workforce, or about 950 jobs, in a second round of layoffs in less than a year.
Jan 10, 2023
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Business
E-commerce billionaire Jack Ma will give up control of Ant Group, the leading Chinese financial technology provider he founded.
Jan 8, 2023
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Business
Amazon announced Wednesday it will cut more than 18,000 jobs from its workforce, citing "the uncertain economy" and the fact the online retail giant had "hired rapidly" during the pandemic.
Jan 5, 2023
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Business
Business software maker Salesforce is laying off about 8,000 employees, or 10% of its workforce, as major technology companies continue to prune payrolls that rapidly expanded during the pandemic lockdown.
Jan 4, 2023
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Consumer & Gadgets
Adobe has reached its 40th anniversary, an event that marks a four-decade journey during which the company created tech products that have become vital tools for consumers and professionals alike.
Dec 8, 2022
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Business
Twitter and other companies have unveiled plans to chop more than 900 Bay Area jobs in a fresh round of tech and biotech layoffs that could jolt the region's increasingly wobbly economy.
Nov 30, 2022
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Business
When Ryan Stevens joined Meta Platforms Inc. as a product operations manager for WhatsApp in August of 2021, he was enticed by the opportunity to help shape a messaging app used daily by 2 billion people.
Nov 25, 2022
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Business
Tech and biotech companies have revealed plans recently for enough job cuts to erase more than 6,000 jobs in the Bay Area, cutbacks that could weigh on the region's economy in the weeks and months to come.
Nov 22, 2022
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