Salesforce Inc. plans to cut about 10% of its staff as part of a restructuring plan, the software company said Wednesday. The company will also exit some real estate and Read more
Tag: Staff
Salesforce will lay off 10% of staff as part of restructuring
Salesforce Inc. plans to cut about 10% of its staff as part of a restructuring plan, the software company said Wednesday. The company will also exit some real estate and Read more
Elon Musk to Twitter staff: There will be ‘difficult times’ ahead, so get back to the office
There will be “difficult times ahead” for Twitter workers — and they will unfold at Twitter’s offices, according to Elon Musk, the social-media company’s new owner. In his first email Read more
‘The housing market will get smaller in 2023’: Redfin lays off 13% of staff
Redfin RDFN, -8.10% is laying off staff again, as the housing market continues to hurt from high mortgage rates and low demand. Redfin CEO Glenn Kelman said on Wednesday that Read more
Meta to lay off more than 11,000 employees, or 13% of staff
Meta Platforms Inc. META, -0.26% Chief Executive Mark Zuckerberg told employees Wednesday that he planned to lay off about 13% of the social-media company’s employee base as Meta works to Read more
Stripe to lay off 14% of staff as CEO says he made ‘two very consequential mistakes’
The massive financial-technology unicorn Stripe plans to lay off 14% of its employees, becoming the latest tech company to acknowledge that it had been too upbeat about growth trends levered Read more
Elon Musk reportedly tells Twitter staff he won’t cut 75% of workforce
Elon Musk told Twitter Inc. employees Wednesday that, contrary to an earlier news report, he does not plan on cutting 75% of the staff, according to Bloomberg News. Earlier this Read more
“We don’t get to choose the macroeconomic conditions always,” Google CEO Sundar Pichai tells disgruntled staff
Google CEO Sundar Pichai reportedly grew agitated during a “heated” all-hands meeting in which an employee asked why the search engine was “nickel-and-diming” workers by taking away perks and benefits. Read more
Meta is cutting staff without mentioning layoffs
In response to stalling growth and intense competition, Meta Platforms Inc. META, -0.94% executives have spoken of cost cuts, hiring freezes and “ruthless prioritization.” One word the company hasn’t used: layoffs. But Meta Read more
Meditation and wellness app Calm lays off 20% of its staff
Calm.com Inc., maker of popular meditation and wellness app Calm, has laid off 20% of its staff, according to a memo sent by Chief Executive David Ko to employees on Read more
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