layoffs
Latest
Snap confirms it's laying off around 1,300 employees
The company has canceled most original Snapchat shows and shut down some other projects.
Snap reportedly plans to lay off around a fifth of its employees (update)
The company has been struggling this year, with its share price nosediving by 80 percent.
Apple reportedly lays off recruiters amid hiring slowdown
Apple has reportedly laid off recruiters as it joins other tech companies in slowing down its hiring.
HBO and HBO Max are reportedly laying off 70 production staffers
The streaming service's reality and kids programming teams have been downsized.
Peloton is jacking up prices of its Bike+ and Tread fitness gear again
The company is also cutting another 784 jobs and has plans to shut stores.
Robinhood lays off almost a quarter of its staff
For the second time this year, Robinhood is cutting its headcount.
Rivian lays off 6 percent of its workforce as it struggles with EV production
As expected, electric pickup manufacturer Rivian is laying off 6 percent of its 14,000-strong workforce in an effort to boost production.
Lyft is shutting down its in-house car rental program
But it will continue working with big car rental companies.
Ford is reportedly planning to cut 8,000 jobs to help fund its EV plans
Ford is reportedly planning to cut up to 8,000 jobs over the coming weeks in an effort to funds its plans to build EVs.
NFT marketplace Opensea lets go of 20 percent of its staff
The CEO blamed the combination of a “crypto winter” and economic instability.
Unity lays off 4 percent of its workforce to realign its resources
Over 300 employees have reportedly lost their jobs so far.
Netflix lays off 300 more employees
The company previously cut 150 jobs in May amid business woes.
Tesla sued by ex-employees who claim that mass layoffs violated federal law
Tesla is being sued by former employees from its Sparks, Nevada gigafactory over mass layoffs.
Clubhouse lays off some employees amid strategic shift
Clubhouse has laid off some of its employees.
Elon Musk is reportedly looking to cut the Tesla workforce by 10 percent
Tesla CEO Elon Musk reportedly wants to cut around 10 percent of jobs at Tesla.
PayPal has been laying off workers to reduce costs
Even the established payment processor isn't immune to the economic downturn.
Netflix lays off 150 mostly US-based staff
Last month the company fired writers for its in-house fan site.
Carvana laid off 2,500 employees, many of them over Zoom (updated)
On Tuesday, online used car retailer Carvana took to Zoom to lay off 12 percent of its workforce.
Noom is reportedly laying off up to a quarter of its wellness coaches
Noom is shrinking the number of coaches it has by around a quarter as it shifts how it handles user interactions.
ARM will reportedly lay off up to 1,000 employees after NVIDIA sale falls through
Up 1,000 ARM employees in the US and the UK will be laid off, according The Telegraph and Bloomberg.