The Wall Street Journalreportedon Friday, January 26 that Salesforce will be laying off 700 workers – that’s roughly 1% of their 70,000 global workforce. This is in addition to last January’sannouncementthat the company would be laying off 10% of employees (approximately 7,000). While l...
Last year, tech companies laid off more than 260,000 workers, according tolayoff trackerlayoffs.fyi, cuts that executives mostly blamed on over-hiring during the pandemic and high interest rates making it harder to invest in new business ventures. But as those layoffs have dragged into 2024 de...
One of the biggest layoff announcements in the sector came from Citigroup, which said it plans to cut 20,000 jobs. Tech employees suffered the second-largest number of layoffs, with almost 16,000 people losing their jobs, according to the analysis. Alphabet-owned Google, Microsoft and Salesfo...
In mid-August, Sonosannounced the layoff of 100 employees, sending shockwaves through the tech community and raising serious concerns about the company's future. These layoffs, which targeted key departments such as engineering and customer support, followed the release of a...
Google Drive has not been around quite as long as Dropbox, but it has closed the gap quickly. Google Drive by itself offers more features and storage tiers aimed at individuals and small businesses than Dropbox. Larger businesses may want to subscribe to G Suite, which gives them multiple ...
Store employees are often avid hikers themselves and can provide valuable insights and tips. Google Maps: Use Google Maps to search for hiking routes in your area. You can also use the “Street View” feature to get a sense of the terrain and trail conditions. This can help you plan your...
The theory predicts that firms are more reluctant to lay off employees when unemployment is high than when it is low, yet labor market conditions seemed to have little or no impact on layoff decisions. If anything, higher unemployment increased the propensity to lay off since it reduced the ...
The money was good. I had a great boss and employees. And some genuinely good friends within the company. I guess a lot of people would call it their dream job. But it wasn’t mine. Why I Left At this point in most “Why I Quit My Job” articles — the author goes on to tell...
I came to work one morning to see a very large, armed security guard standing by the receptionist. He was there for two reasons, the first of course was that a lot of people had just lost a lot of money and weren’t happy about it. Secondly, it was layoff day. ...
After Elon Musk acquired Twitter on April 14, 2022, he proceeded to lay off approximately 80% of its employees. Two years later, Twitter is still operational. While the site may have its share of bugs, it continues to function more or less the same. ...