layoffs
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Lyft is laying off 26 percent of employees
Lyft is cutting 1,072 jobs, or more than a quarter of its workforce.
Meta begins its latest round of layoffs
Meta has started the layoffs of 10,000 people announced in March.
Amazon lays off more than 100 employees across its gaming divisions
Amazon has laid off about 100 staffers in its gaming divisions, including its San Diego studio.
Virgin Orbit officially shutters its space launch operations
Weeks after implementing a company-wide furlough, struggling space launch company Virgin Orbit officially calls it quits.
Roku will lay off another 200 workers
Roku is laying off another 200 staff as it struggles to revive growth.
Amazon will lay off another 9,000 employees in the coming weeks
Amazon is laying off a further 9,000 employees, on top of the 18,000 already announced.
Zuckerberg touts 'year of efficiency' as Meta lays off an additional 10,000 workers
Meta has announced plans to lay off another 10,000 workers as part of what CEO Mark Zuckerberg is calling the company's "year of efficiency."
Meta reportedly plans more job cuts
Meta could announce another round of job cuts as early as next month, according to the Financial Times.
Zoom is laying off around 1,300 workers
Zoom is laying off approximately 1,300 employees or 15 percent of its workforce. CEO Eric Yuan suggested the company grew too quickly after its pandemic-driven boom.
Dell to cut roughly 6,650 jobs as PC sales drop
Dell is laying off about 6,650 employees as PC sales sink during the pandemic recovery.
Rivian is laying off another six percent of its workforce
Electric vehicle maker Rivian is laying off another six percent of its workforce. As with the previous round of cuts, Rivian says it's focusing resources on increasing production and becoming profitable.
PayPal is laying off 2,000 employees
PayPal announced on Tuesday plans to lay off approximately 2,000 employees, or about seven percent of its global workforce.
Cash-strapped EV startup Arrival is laying off half its staff
EV startup Arrival is cutting half of its workforce in a bid to survive until it can start producing vehicles in the US.
Spotify is laying off 6 percent of employees
Spotify is laying off 6 percent of its workforce as part of a company-wide restructuring, CEO Daniel Ek wrote in a message to employees.
80 percent of Twitter's full-time staff has evaporated under Musk
CNBC reports Friday that fewer than 550 full-time engineers are left at the husk of a company — 1,300 in total — which, a few months ago, employed more than 7,500.
Amazon's drone delivery division was reportedly hit hard by layoffs
Amazon's drone delivery program has seemingly been hit hard by the company's mass layoffs. Around half of the employees at an Oregon test site were let go, CNBC reports, as were workers in the design, maintenance, systems engineering and flight operations teams.
Google is laying off 12,000 employees
Google parent Alphabet is cutting around 12,000 jobs, or around 6 percent of its global workforce.
Microsoft will lay off 10,000 employees as it cuts costs
Microsoft has confirmed it's laying off 10,000 employees as it looks to rein in costs.
Microsoft could lay off as many as 11,000 employees this week
Microsoft could announce wide-sweeping layoffs within the next few days, according to separate reports from Bloomberg and Sky News.
Voice AI company SoundHound has reportedly laid off half its workforce
SoundHound, the company that once said it wanted to challenge Amazon and Google’s dominance in the AI voice market, has reportedly cut about half its workforce.