March 24, 2023 Accenture Plc announced its plan to cut 2.5% of its workforce, equivalent to 19,000 jobs, after lowering its annual revenue and profit forecasts. This move indicates that the worsening global economic outlook has taken a more...
March 23, 2023 Indeed, a job search platform based in the United States, announced the elimination of approximately 2,200 jobs, or 15% of its workforce. The company, according to CEO Chris Hyams, was too large, and future job more...
March 21, 2023 Google is facing criticism as laid-off employees' band together to demand public commitments from Alphabet CEO Sundar Pichai. Over 1,400 workers have demanded a freeze on new hires during the layoff process, priority rehiring for more...
March 21, 2023 Amazon announced that it will lay off an additional 9,000 employees. Amazon CEO Andy Jassy also confirmed that the cloud division, Amazon Web Services (AWS), will be among those laid off today. AWS is accounting more...
March 20, 2023 Reddit's headquarters is being relocated from its current 78,000-square-foot office at 1455 Market Street at San Francisco's Mid-Market to 303 Second St. in SoMa, a 47,000-square-foot space. Reddit, which was subleasing the Market Street space more...
March 20, 2023 Meta has launched its subscription service in the United States, allowing Facebook and Instagram users to pay for verification in the same way that Twitter does. The Meta Verified service will cost $11.99 per month more...
March 17, 2023 According to a source confirmed by Axios, the Biden Administration has warned that TikTok may face a ban in the United States unless its Chinese parent company, ByteDance, sells its stake in the U.S. version more...
March 16, 2023 In a memo announcing another 10,000 job cuts, Mark Zuckerberg described the near future for Meta employees as challenging. In Silicon Valley, Meta has been battling headwinds such as a dwindling digital advertising sector, Apple's more...
March 16, 2023 Amazon is reportedly working on a browser and search engine to compete with Bing, Google, and Yahoo. This new browser will be widely available to users. Amazon has sent out a survey to a select more...
March 15, 2023 According to C3.ai CEO Thomas Siebel, companies such as Meta and Google had over-hired to the point where employees were doing nothing while working from home because they had no work to do. In an more...
