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OPENDOOR EMPLOYEE CUTS
Fable 5's cost challenge; Opendoor's India exitAnthropic's Fable 5 could rewrite how IT works, but the price tag and performance quirks raise hard questions. This and more in today’s ETt...
US stock market drops 2% in three days; S&P 500, Dow, Nasdaq slide as Intel and IBM surge, Bitcoin crashes ahead of inflation reportU.S. stock markets declined for a third consecutive day on Thursday, September 25, 2025. The S&P 500 fell 0.5% to 6,604.72, the Dow Jones I...
After Microsoft, Oracle layoffs, is Opendoor next? Chairman says company has 1400 employees but needs only 200Opendoor layoffs 2025: Opendoor's cofounder, Keith Rabois, returns as chairman, signaling potential workforce reductions. Rabois criticized...
For tech companies, years of easy money yield to hard timesFor more than a decade, investors desperate for returns sent their money to Silicon Valley, which pumped it into a wide range of startups t...
Tech companies keep slashing jobs in uncertain 2023 economyIn November, the most recent month for which data is available, the sector announced 52,771 cuts, for a total of 80,978 over the course of ...
Massive spike in unemployment coming soon; layoffs in America hit over 120,000Corporate America is drastically reducing its workforce as part of its restructuring efforts to prepare for a probable economic downturn br...
Facebook’s Meta-morphosis & this week's top tech storiesAround this time last year, Facebook – the world’s biggest social media company – decided to change course and rename itself Meta. Twelve m...
Employees sue Twitter as bloodbath looms; Udaan sacks another 1,000Elon Musk’s Twitter, as expected, has begun the process of sacking about half of its 7,500 workers by cutting access to their laptops, emai...
US tech layoffs skyrocket as companies struggle with shrinking global economySackings have intensified over the past few days, with several startups -- foreign and Indian -- firing workers to cope with the severe dea...