The massive job cuts among the big US technology companies have gained new intensity in the last week, after the announcement of thousands of layoffs by Microsoft and Google, and the communication of the departure of thousands of workers from Amazon, in response to the weakening of activity after…
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layoffs
Amazon plans to lay off 10,000 employees
US e-commerce giant Amazon is considering job cuts among its corporate and tech workforce of up to 10,000 employees, sources close to the company said.
According to the media, the layoffs will focus on the company's device area, which…
Meta announces the dismissal of 11,000 employees
Meta, owner of Facebook, Instagram and WhatsApp, decided to cut 11,000 employees, which represents 13 % of its workforce, and freeze hiring until the first quarter, as announced by the company's CEO, Mark Zuckerberg, in a statement sent to…
Meta prepares massive layoffs
Meta, the company that owns Facebook, WhatsApp and Instagram, is carrying out a massive layoff plan that will notify thousands of its workers this Wednesday, according to various news media.
The mass layoff at the tech giant, which has…
Elon Musk would fire a large part of the staff of Twitter
Tesla and SpaceX CEO Elon Musk has told Twitter investors that he plans to cut nearly 75 % of the social network's staff if he ultimately takes control of it, multiple media outlets reported.
Specifically, the tycoon expects to lay off…
Snapchat will cut 20 % of its workforce to save costs
Snapchat announced this week a 20 % reduction in its workforce, of approximately 6,400 workers. The measure seeks to reduce costs and address poor performance during the current quarter.
In statements to Bloomberg, the platform indicated…
Coinbase Announces Wave of Layoffs at Company
The cryptocurrency exchange Coinbase announced that it will reduce its workforce by 18% in order to reduce operating costs.
The economy in general has been hit hard in recent months, especially the cryptocurrency sector, which has meant…
Exxon Mobil faces heavy losses
The crisis that has been dragging the oil company Exxon Mobil since 2013 worsens and reaches losses, during the third quarter of 2020, of about 680 million dollars.
As if this were not enough, the oil company has laid off a high percentage…
Disney announces a plan of layoffs in its parks
Disney announced a cut of 28,000 jobs in the United States, given the prolonged closures of its theme parks due to the crisis of the pandemic and the capacity limits imposed to reduce contagion in the facilities.
This workforce adjustment…
Airbnb announces layoff of 25% of its workforce
Airbnb, a leading company in various areas of the tourism sector, has been strongly affected by quarantine due to the coronavirus pandemic. Its income has decreased to the point of making the dramatic decision to fire some of its staff. The…
IDAX CEO disappears with cold wallet keys
This Friday were confirmed rumors of the disappearance of IDAX cryptoexchange CEO. The company is in serious problems due to this new case of "exit scam" as it is called the subtraction of the private keys of cold wallets.
IDAX Global had…
Thomas Cook bankruptcy hits tourism industry
This Monday the British tour operator Thomas Cook declared bankruptcy. As a consequence, an average of 600,000 people have been stranded worldwide due to suspension of flights from the group's airline.
One of the most affected countries…