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TECH LAYOFFS 2023
'Involuntary entrepreneur era': Tech veteran's warning to IT workers as Microsoft offers buyouts to 60,000 employeesMicrosoft’s voluntary buyout offers to around 60,000 employees have raised concerns about job security across the technology sector. Tech v...
US bond market down: Why are 10-year, 30-year, 2-year treasury yield notes are falling? Check latest predictionsUS bond Yields have dropped in recent days, as concerns about a slowdown in AI spending and its impact on economic growth have overshadowed...
Five hours a week of posting earned more than her 9-to-5: Meet Sundas Khalid of Seattle, she posted career wins on Instagram while at Amazon. In 2024 the side hustle earned $302,000Sundas Khalid spent years building her career in Big Tech, moving from a $77,000 starting salary at Amazon to earning $292,000 a year at Go...
Skyroot eyes funding boost; MDR deferment cheers D2C brandsHappy Thursday! Skyroot is eyeing a big funding round as it gears up to scale rocket production. This and more in today’s ETtech Morning Di...
12,700 tech professional return from US in 9 monthsThe data sourced from staffing firm Xpheno shows that the numbers have been steadily going up, from 7,200 in 2023 and 9,800 in 2024. The fi...
Sridhar Vembu net worth: Zoho co-founder who built a multi-billion dollar business ranks among India’s richest with his siblings; his career, education and wealthSridhar Vembu Net Worth: Zoho co-founder Sridhar Vembu and his siblings have a combined net worth of $5.8 billion, according to Forbes. He ...
CNN’s new era begins as Skydance brings two news giants under one roofSkydance has completed its acquisition of CNN, raising questions about the network's editorial independence. Mark Thompson will continue as...
Amazon's surprising gesture for fired employees after over 30,000 layoffs: Tech giant reaches out to former workers for AI, cloud jobsFollowing significant layoffs in 2026, Amazon is reaching out to its former workforce, offering new job opportunities primarily in AI and c...
ETSA 2026: Emergent shifting focus from AI software to business automation, says CEO Mukund JhaThe company is testing agents that can remain active in the background, monitor business metrics and help with tasks such as cash-flow anal...
How Trump's war on EVs derailed America's auto-factory revival | ExplainedUS electric vehicle projects and jobs face setbacks due to policy shifts. Automakers canceled billions in investments and thousands of jobs...
Mark Zuckerberg had a bold plan to replace Meta staff with AI. Here's how it imploded.Meta considered cutting some teams by as much as 60% under an AI-driven restructuring plan, Reuters reported. The company ultimately cut 10...
What are H-1B visas for skilled workers and what changes loom?Recent proposals from the US administration indicate a sharp rise in H-1B visa fees, which could challenge employers, especially in tech an...
Could Jed York lose ownership of the 49ers after his Ohio plea? Here’s what the NFL could do nextCould Jed York lose ownership of the San Francisco 49ers after his Ohio plea? The team owner’s no contest plea to misdemeanor charges has p...
In 2014, scientists blasted Mount St. Helens, one of America's most closely watched volcanoes, with 23 explosions, revealing a vast magma system undergroundIn 2014, scientists detonated 23 controlled explosions around Mount St. Helens, one of America's most closely watched volcanoes, using thou...
Amazon, Google CEOs 'hint' at more layoffs amid economic meltdownAs tech layoffs continue unabated in 2023, Amazon and Google CEOs have hinted at more layoffs as the companies continue to evaluate busines...
Apple to cut small number of jobs in some corporate retail teams: reportThe layoffs would impact what Apple calls its development and preservation teams, the report said, adding that the number of positions bein...
Facebook parent Meta plans thousands more layoffs as soon as this weekIn its earlier round of cuts, Meta slashed 11,000 workers in what was its first-ever major layoff.
HP Inc to lay off 100 employees in IsraelPC and printer major HP Inc is laying off 100 employees and most of the job cuts will be in HP Indigo, which is engaged in the production o...
Big Tech Layoffs Of 2023Big Tech Layoffs Of 2023
Tech layoffs shock young workers. The older people? Not so muchMicrosoft said this week it planned to cut 10,000 jobs, or roughly 5% of its workforce. And Friday morning, Google's parent company Alphabe...