• AutoTL;DRB
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    11 year ago

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    Still, tracking the layoffs helps us to understand the impact on innovation, which companies are facing tough pressures and who is available to hire for the businesses lucky to be growing right now.

    Operated by Korean ride-sharing company Socar’s subsidiary VCNC announced on June 15 that it plans to let go of at least 50% of its staff or about 45 people at Tada.

    A GitHub spokesperson told TechCrunch that the layoff is part of the streamlining effort the firm had disclosed in February to cut roughly 10% of its workforce by end of Q1 2023.

    On March 24, Bloomberg reported that more layoffs could be on the way at Salesforce, quoting chief operating officer Brian Millham, who indicated that the company could be adding to the ongoing job cutting at the CRM leader and in tech in general.

    As a part of its recent announcement to layoff 10,000 people, Microsoft laid off an entire team dedicated to guiding AI innovation that leads to ethical, responsible and sustainable outcomes.

    CEO Mark Zuckerberg confirmed rumors March 14 that the company will be cutting 10,000 people from its workforce and around 5,000 open roles that it had yet to fill.


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