Streaming service hub Roku will slash around 10% of it workforce, and institute other cost-cutting measures, even as it sees improving revenues over the coming months. In a Securities and Exchange ...
Perrigo has plans to cut about 6% of its workforce which is slated to begin the first quarter of 2024. The over-the-counter ...
By Ben Glickman Shares of Roku fell Friday after the company warned of tougher comparisons in the coming quarters. The stock was down 8.6% to $57.43 ...
(Reuters) -Spotify Technology SA said on Monday it plans to cut 6% of its workforce and would take a related charge of up to nearly $50 million, adding to the massive layoffs in the technology ...
Tesla Inc. is laying off more than 10% of its workforce, Chief Executive Elon Musk wrote in an email to staff. Musk cited job overlap and the need to reduce costs, according to the email sent late ...
Videogame maker Electronic Arts Inc. said Wednesday it will cut about 5% of its workforce and plans to cancel some games in ...
Tesla Inc. is slashing headcount by more than 10%, part of a global retrenchment extending all the way into its executive ranks as the carmaker struggles with slowing demand for electric vehicles.
A tech-wide reckoning that began in 2022 and ran throughout into 2023. Though 2024 has gotten off to a rough start, it has yet to reach the peak of the prior year’s substantial cutbacks. This post ...
Video games developer Electronic Arts (EA) has announced it is cutting 5% of its staff – about 670 employees – as part of cost-cutting and a restructuring of its business. In an email to staff ...
Tesla chopped more than 10% of its global workforce — a move CEO Elon Musk called a “difficult decision” for the company as it grapples with falling sales amid an intensifying price war for ...
51,000 tech firm employees were told to hit the road in November 2022, bringing the year’s total to nearly 92,000 Surging layoffs have been linked to overzealous hiring practices, inflation and ...
Canada Goose will cut about 17% of its corporate workforce, which included about 915 employees as of April 2023. The cuts follow other retailers that kicked off the new year with sweeping layoffs ...