Tag: Layoffs
Binance Responded to Allegations: Are the Rumors of Layoffs True?
After the allegations that the world’s largest crypto exchange Binance started layoffs in parallel with the bad trend in the crypto money industry, a statement came from the spokesperson of…
Flink is only valued at one billion euros – new layoffs
Fast drivers in Berlin Existing investors provide the fast delivery service with fresh money. At the same time, the company is laying off more employees. (Photo: Bloomberg) Berlin. Frankfurt, Dusseldorf…
Intel Announces Mass Layoffs Once Again
Intel, one of the giants of the technology world, officially announced the second wave of layoffs. Layoffs in the tech world continue at a rapid pace. Nearly all technology except…
Turns Out Apple Is Making Mass Layoffs
Apple allegedly carried out the first mass layoffs. According to the information received, the dismissed employees were involved in the maintenance and construction of the stores. Sources say this mass…
Electronic Arts to Handle Mass Layoffs
Another company has been added to the mass layoff frenzy. Electronic Arts announced that about 6 percent of employees will be laid off. This statement means that approximately 780 people…
Amazon faces backlash over layoffs
Due to the crisis in the IT sector, many companies, especially Amazon, Facebook and Google, continue to lay off. Amazon, which laid off about 18 thousand people last year, has…
Why Apple Didn’t Take Mass Layoffs Explained
Apple analyst Mark Gurman explained why Apple did not make mass layoffs. Gurman also explained what steps Apple has taken in this process. Technology companies have not been going through…
Second wave of layoffs at Amazon: Online giant cuts 9,000 jobs
Amazon The online retailer is again cutting 9,000 jobs. (Photo: dpa) san francisco The world’s largest online retailer Amazon starts the second wave of layoffs within a few months. CEO…
Second wave of layoffs at Amazon: Online giant cuts 9,000 jobs
Amazon The online retailer is again cutting 9,000 jobs. (Photo: dpa) Seattle As the second major US technology group, Amazon is again putting thousands of employees out of the door.…
Meta continues to layoffs!
As you know, Meta laid off 11 thousand employees last November. After this shrinkage, which corresponded to 13 percent of its total employees at the time, Mark Zuckerberg described 2023…
The Effects of the Crypto Winter Continue: Thousands of Layoffs!
Crypto winters have come and gone, but none as harsh as last year. The area has been plagued by asset price drops, company shutdowns, hacks and mass layoffs. Despite the…
‘Layoffs’ Banned in Provinces in Earthquake Region
With a decree published in the Official Gazette, new decisions were taken for the provinces and districts where the state of emergency was declared. These decisions directly concern working earthquake…
Why Didn’t Apple Take Mass Layoffs?
Apple CEO Tim Cook explained why the company did not go for mass layoffs. According to the statement, Apple sees the dismissal as a “last resort”. The 2022-2023 season is…
Another Cryptocurrency Company Is Handling More Mass Layoffs
Billionaire entrepreneur Jihan Wu’s cryptocurrency company, Matrixport, is cutting its total workforce by 10%. Cryptocurrency and the tech industry in general mass dismissal Singapore-based crypto money service provider Matrixport is…
Cryptocurrency Exchange Affiliated With Giant Bitcoin Investor To Make 35% Layoffs
Cryptocurrency exchange Luno, a subsidiary of Digital Currency Group (DCG), the giant investor of the cryptocurrency market, announced that it will reduce the number of personnel by 35%. In a…
Are German startups also threatened with a wave of layoffs?
The absolute numbers are significantly lower compared to the tens of thousands of employees laid off at US companies such as Google, Microsoft and Facebook. But the examples of the…
Gemini Goes Downsizing: Layoffs Amid Genesis and DCG Crisis!
Popular US cryptocurrency exchange Gemini has announced that it will layoffs with Genesis, which has filed for bankruptcy, amid poor macroeconomic conditions and declining investor interest in the cryptocurrency market…
How Did Apple Avoid Mass Layoffs?
How did Apple, the world’s giant, survive this period, when all companies made mass layoffs, without firing even one employee? Almost all technology companies from Amazon to Netflix in the…
Spotify Announces Mass Layoffs
Spotify has decided to part ways with 600 people. This figure corresponds to 6 percent of Spotify’s entire workforce. Considering the situation in other technology giants, the development is not…
Apple also participated in mass layoffs
The dismissals, which started with Twitter, continue with the participation of Meta, Microsoft, Amazon and Google, that is, almost all technology companies. Finally, Apple joined them. In this period when…