On Friday, David Risher, the company's new CEO, told employees in an all-hands meeting that they would be required to come back into the of...

Risher, who took over earlier this month, had recently said the company will "significantly" cut jobs, without providing the number of jobs...

Ride-sharing company Lyft Inc will cut at least 1,200 jobs in another round of layoffs as it looks to reduce costs.

Microsoft said this week it planned to cut 10,000 jobs, or roughly 5% of its workforce. And Friday morning, Google's parent company Alphabe...

Even with all of the layoffs announced in recent weeks, most tech companies are still vastly larger than they were three years ago.

After two years of staggering growth during the pandemic, online businesses were caught out when Covid began to fade. Russia’s invasion pro...

Ankit Tiwari was one of the 11,000 employees to be laid off.

Uber Technologies Inc. isn’t considering cutting jobs even as competitors from DoorDash Inc. to Lyft Inc. slash staff to deal with an uncer...

Twitter's mass firings have made layoffs a viral phenomenon.

As of September 30, Meta had about 87,000 employees worldwide across its different platforms, which include social media sites Facebook and...

Sackings have intensified over the past few days, with several startups -- foreign and Indian -- firing workers to cope with the severe dea...

On Friday morning, many Twitter users stated that they are unable to log into the website. A popup that reads "Something went wrong, but do...

Amazon said senior executives this week decided to pause incremental corporate hiring because the economy was "in an uncertain place."

Lyft's latest move is expected to result in a charge of between $27 million and $32 million in the fourth quarter. It follows 60 job cuts e...

Lyft said no employee layoffs are planned and added it would grant special stock options to eligible employees.

Uber, which for years burned cash in exchange for user growth, had also faced challenges even before coronavirus hit. Its food delivery ope...

Uber and rival Lyft have already withdrawn their full-year financial outlooks as demand for app-based rides dropped sharply across the worl...