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Lyft plans to lay off 26% of its staff in the latest big tech downsizing
Quartz via Yahoo! Philippines News· 1 year agoLyft, one of the largest ride-sharing companies in the US, plans to lay off 26% of its staff, or...
Warner Bros. Discovery Lays Off 100 Employees as Part of Previously Planned Ad Sales Downsizing
Variety via Yahoo! Philippines News· 2 years agoWarner Bros. Discovery enacted 100 layoffs Tuesday as part of a planned downsizing of the company’s...
How the tech squeeze is affecting Silicon Valley's famous office perks
Quartz via Yahoo! Philippines News· 1 year agoGoogle’s chief financial officer Ruth Porat announced that the company would be cutting employee...
What to expect from PayPal's earnings report
Quartz via Yahoo! Philippines News· 1 year agoAfter last week’s surprise layoffs at PayPal, all eyes this week will be on the release of the company’s earnings report for the last quarter of 2022.
New Amazon layoffs are the latest correction to years of over-hiring in the tech industry
Quartz via Yahoo! Philippines News· 1 year agoAmazon will lay off 9,000 white-collar employees by the end of April, CEO Andy Jassy announced on...
Disney’s first round of layoffs knocked the metaverse off its priority list
Quartz via Yahoo! Philippines News· 1 year agoThe Mouse House is moving away from the metaverse. Disney has scrapped its next-generation...
Why TikTok is being banned on gov’t phones in US and beyond
Associated Press via Yahoo! Philippines News· 1 year agoThe United States is ratcheting up national security concerns about TikTok, mandating that all...
The US labor market is resisting Fed rate hikes
Quartz via Yahoo! Philippines News· 2 years agoFor the seventh month in a row, the US labor market added more jobs than economists expected, defying the Federal Reserve’s attempts to slow it down.
Amazon’s 18,000 layoffs set the tone for what hiring and firing will look like in 2023
Quartz via Yahoo! Philippines News· 1 year agoJob cuts at Amazon are a sign of tough times to come for tech workers. The e-commerce behemoth had...
Spotify's latest layoffs target its podcast business
Quartz via Yahoo! Philippines News· 1 year agoSpotify is laying off 200 employees in its podcast division. The downsizing, announced on Monday (June 5), affects roughly 2% of the streaming service’s...