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Seagate (stx) further slashes workforce to boost cost savings

Seagate (STX) expects to generate annualized savings from this expanded restructuring plan in the range of $40-$45 million, beginning from the fourth ...

March 30, 2023, 9:08 am

Roku to lay off 200 employees, exit some leases to cut costs

Shares of Roku Inc. ROKU, +5.46% rallied 2.7% in premarket trading Thursday, after the streaming-media company disclosed that it would lay off 200 emp...

March 30, 2023, 6:42 am

Ea joins tech industry job cuts trend

Electronic Arts Inc will axe around 800 jobs, as the video game company narrows its focus away from "projects that do not contribute to our strategy"....

March 30, 2023, 6:32 am

Lendingtree to cut around 13% of its workforce

Online lending platform LendingTree Inc. TREE on Wednesday said that it would cut around 13% of its workforce<...

March 29, 2023, 6:38 pm

Warner music group to cut around 4% of its overall workforce

Warner Music Group Corp. WMG on Wednesday said it planned to cut about 270 jobs, or around 4% of its overall w...

March 29, 2023, 5:44 pm

Ea says it's cutting about 800 jobs, or 6% of workforce

Video game company Electronic Arts will lay off 6% of its workforce and reduce office space, costing th...

March 29, 2023, 4:21 pm

Electronic arts lays off 6% of staff

Videogame publisher Electronic Arts said on Wednesday it will lay off about 6% of its workforce and red...

March 29, 2023, 4:20 pm

Online used-car marketplace shift cuts workforce 30% following carlotz merger

Online used vehicle retailer Shift Technologies cut its workforce by 30% in the first quarter as the co...

March 29, 2023, 2:22 pm

Ringcentral (rng) levelling up its ai-powered capabilities

RingCentral (RNG) launches its new AI-powered capabilities, RingSense and Next-gen frontline workforce ...

March 29, 2023, 1:46 pm

Lcid stock alert: what will 18% layoffs mean for lucid motors?

Lucid (NASDAQ: LCID ) stock is in the red today after the electric vehicle (EV) company announced a restructuring plan involving an 18% reduction of i...

March 29, 2023, 11:40 am

Seagate to increase the number of employees it lays off by 480

Seagate Technology Holdings PLC STX disclosed Wednesday that it is increasing the number of employees being laid off by 480, or 1% of its ...

March 29, 2023, 8:58 am

Lucid to axe fifth of workforce to reduce costs

Lucid, the electric vehicle (EV) rival to Tesla, said it plans to cut 1,300 jobs as part of larger restructuring efforts to reduce costs. In a regulat...

March 29, 2023, 4:47 am

Ev startup lucid to cut about 18% of its workforce

Electric-vehicle maker Lucid Group Inc said on Tuesday it would lay off about 18% of its workforce, or ...

March 28, 2023, 8:20 pm

Lucid to lay off 1,300 employees in restructuring

Lucid Group, the U.S. automaker that produces the luxury all-electric Air sedan, is cutting its workforce...

March 28, 2023, 4:36 pm

Ev startup lucid plans to cut about 18% of its workforce - report

Electric-vehicle maker Lucid Group Inc is planning to lay off about 18% of its workforce, Insider repor...

March 28, 2023, 2:01 pm

Disney scraps metaverse unit in cost-cutting move as wider layoffs loom

The division shutdown is reportedly a preamble to the Mouse House's $5.5 billion in cuts and a larger round of ...

March 28, 2023, 2:01 pm

Disney unplugs metaverse unit during initial round of layoffs

Disney has eliminated a small business unit focused on exploring the metaverse, part of its initial efforts to reduce its ...

March 28, 2023, 10:48 am

Pinterest layoffs 2023: what to know about the latest pins job cuts

The technology exodus from San Francisco continued as e-commerce site Pinterest (NYSE: PINS ) said it would abandon its lease there at the end of the ...

March 28, 2023, 9:27 am

Pinterest to reduce office spaces as part of restructuring

Pinterest Inc will end leases of certain office spaces as part of a restructuring plan, the image-sharing platform said on Monday, in addition to abou...

March 27, 2023, 5:01 pm

Pinterest sheds s.f. office space

Pinterest Inc. PINS, +2.18% , which recently announced a 4% workforce reduction, is also shedding offic...

March 27, 2023, 4:58 pm


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