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layoff

Bay Area, California both lose jobs in February as hiring surge halts

by Vera Ward
Bay Area, California both lose jobs in February as hiring surge halts

The Bay Area and California both lost thousands of jobs during February, a disquieting report that raises questions about the strength of the economy in the state and this region. …

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Bay Area tech layoffs finally start to weigh down region’s job market

by Vera Ward
Bay Area tech layoffs finally start to weigh down region’s job market

Two years of wrenching tech layoffs have weighed down the Bay Area’s job market in a big way — but experts say the impact has been somewhat mitigated by an …

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Tech companies ax more than 3,900 Bay Area jobs in 2024, layoffs widen

by Vera Ward
Tech companies ax more than 3,900 Bay Area jobs in 2024, layoffs widen

Tech companies have revealed decisions to slash more than 3,900 jobs in the Bay Area so far in 2024, cutbacks fueled by hundreds of staffing reductions in February that hint …

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Intel Said to Plan Thousands of Job Cuts Amid Ongoing PC Market Slowdown

by Maya Ortiz
Intel Said to Plan Thousands of Job Cuts Amid Ongoing PC Market Slowdown

Chipmaker Intel is planning a major reduction in headcount, likely numbering in the thousands, in the face of a slowdown in the personal computer market, Bloomberg News reported on Tuesday, …

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Apple Said to Make ‘Small Number’ of Job Cuts in Some Corporate Retail Teams: Details

by Maya Ortiz
Apple Said to Make ‘Small Number’ of Job Cuts in Some Corporate Retail Teams: Details

Apple is eliminating a small number of roles within its corporate retail teams, according to people with knowledge of the matter, marking its first known internal job cuts since it …

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Blackrock plans layoffs ahead of spot Bitcoin ETF approval

by Isaac Wright
Blackrock plans layoffs ahead of spot Bitcoin ETF approval

BlackRock, the world’s largest money management firm, is reportedly planning to announce layoffs of about 3% of its global workforce, totaling around 600 employees. This decision comes as BlackRock anticipates …

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Most notable crypto bankruptcies in 2023

by Isaac Wright
Most notable crypto bankruptcies in 2023

Explore the list of crypto bankruptcies in 2023, including detailed insights into the collapse of major exchanges. It’s quite evident that crypto had one of its worst years in 2022. …

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HP to Lay Off 6,000 Employees in Next Three Years in Cost Cutting Plan

by Maya Ortiz
HP to Lay Off 6,000 Employees in Next Three Years in Cost Cutting Plan

PC-maker Hewlett Packard on Tuesday said it would layoff as many as 6,000 employees over the next three years as the slumping world economy continues to embroil the US tech …

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Bittrex Global ceases trading amid operations wind down

by Isaac Wright
Bittrex Global ceases trading amid operations wind down

Bittrex Global is set to cease its trading operations globally on Dec. 4, following its U.S. arm’s legal settlement with the SEC and an ongoing complex regulatory landscape. Bittrex Global …

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Ava Labs axes 12% of staff to redirect efforts towards expansion

by Isaac Wright
Ava Labs axes 12% of staff to redirect efforts towards expansion

Ava Labs, the team developing the Avalanche blockchain, has announced a 12% reduction in its workforce, attributing the decision to strategically reallocating its resources. The firm’s CEO and founder, Emin …

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