In fact, these are all so similar that they might as well have come from the same PR person. It kind of seems like tech firms are laying off workers because…other tech firms are laying off workers. Let’s be real, none of these companies are teetering on the edge of bankruptcy — i...
Union asks: Why is R-R laying off workers after making such big profits?Robin Johnson
As today’s job report showed, the U.S. economy as a whole was still humming along nicely in January. But in the tech industry, the new year got off to adepressing start, with Amazon announcing on January 4 that it would be laying off 18,000 employees, or 6% of its corporate workfo...
Tech companies are always in the news, usually touting the next big thing. However, the tech news cycle recently hasn't been dominated by the latest gadget or innovation. Instead, layoffs are in the headlines.
Now, instead of hiring thousands of people every quarter, the companies are spending billions to build AI technology they believe could one day be worth trillions. Mark Zuckerberg, CEO of Meta, said in a call with analysts last week that his company had to lay off employees and control costs...
These changes included the elimination of select positions across the company. We deeply appreciate the contributions made by the affected employees and are supporting them in their transition. This is not the first layoff at Blackboard since they were taken private in 2011; rather this is the ...
It’s important for tech workers to realize that, despite a booming economy in the US, they should still prepare for the possibility of being laid off.
with sectoral bargaining,workers had a say: In Denmark, unions, companies, and the government all together decided to provide paid leave for affected workers; and in Germany, sectoral bargaining groups created a policy to spread out reduced hours among workers, rather than laying people off. ...
I have learned to appreciate the fact that I know many of the worst recruiters do not survive these periods. Only the best in the business can stay afloat when companies are laying off workers. Ironically, times of economic downturn are also when technologists truly learn to appreciate a good...
It really is a different job market this time, and that might be a slight positive for workers, economists say. For one, there was no big ramp-up of new employees ahead of this economic downturn. But there are plenty of other factors that make this job environment more worrisome. One of...