Amazon cuts more than 180 jobs in gaming division
Jakub Porzycki | Nurphoto | Getty Images Amazon on Monday announced it will cut more than 180 jobs in its Amazon Games division, shutting down parts of the business that …
Layoffs
Jack Dorsey’s Block slashing headcount by up to 10%: report
Jack Dorsey’s payments company Block — which powers the point-of-sale software on many iPad checkout screens — told staffers this week that as many as 10% will be laid off …
Inside California’s billion-dollar bet to overhaul unemployment
By Lauren Hepler | CalMatters Five years, $1.2 billion. And a new model for government contracting in the tech-challenged home state of Silicon Valley. That is what California officials say …
Internal documents reveal the story behind California’s unemployment crash
BY LAUREN HEPLER | CalMatters By the first COVID summer, no one knew who was who. In Nigeria, an oil company IT engineer was allegedly filing for unemployment in California …
Citigroup considers deep job cuts in Project Bora Bora
CEO of Citigroup Jane Fraser testifies during a hearing before the House Committee on Financial Services at Rayburn House Office Building on Capitol Hill on September 21, 2022 in Washington, …
Google halts plan to build 15K homes in San Francisco over ‘market conditions’
The developer set to convert the area surrounding Google’s San Francisco headquarters into a 15,000-house residential campus complete with office space and hotels has backed out of the project, citing …
Chinese Tesla rival Nio cuts 10% of workforce
Nio’s ET5 stands on display at the Central China International Auto Show on May 25, 2023, in Wuhan, China. Getty Images | Getty Images News | Getty Images Chinese electric …
Tech CEOs Will Pay a Harsh Price for These Job Cuts
It’s hard to feel sorry for Silicon Valley tech workers. From high salaries and generous stock options to nap pods and unlimited time off, they’re among the most privileged class …
Elon Musk’s X grapples with misinformation, lost advertisers
One year ago, billionaire and new owner Elon Musk walked into Twitter’s San Francisco headquarters with a white bathroom sink and a grin, fired its CEO and other top executives and began …
Google cuts dozens of jobs in news division
Google headquarters in Mountain View, California, on Jan. 30, 2023. Marlena Sloss | Bloomberg | Getty Images Google cut dozens of jobs in its news division this week, CNBC has …