General Motors is laying off 500 workers at a factory in Canada because of weak demand for its all-electric BrightDrop vans, according to CNBC. GM told CNBC that the cuts were not related to the ongoing trade war being waged by President Donald Trump. The company is cutting one of the two shifts at the […]
GM cuts 500 jobs because of weak demand for BrightDrop electric vans Read More »
Automattic, the company behind WordPress.com, Tumblr, WooCommerce, and a range of other online services, is reducing its workforce. The layoffs will impact 16% of staff across divisions, an Automattic blog post published Wednesday reveals. Ahead of the layoffs, Automattic’s website listed 1,744 employees, which means north of 270 people may have lost their jobs. (Automattic
WordPress maker Automattic lays off 16% of staff Read More »
Welcome back to Week in Review! Elon Musk says that xAI bought X in an all-stock deal; a16z-backed 11x faked some customers; the Lumon Terminal Pro pops up on Apple’s website; and much more. Let’s dig in! xAI buys X: X owner Elon Musk announced on X on Friday that xAI acquired X in an
Elon Musk’s xAI buys X Read More »
Welcome back to Week in Review! Elon Musk says that xAI bought X in an all-stock deal; a16z-backed 11x faked some customers; the Lumon Terminal Pro pops up on Apple’s website; and much more. Let’s dig in! xAI buys X: X owner Elon Musk announced on X on Friday that xAI acquired X in an
Week in Review: Elon Musk’s xAI buys X Read More »
The U.S. government’s cybersecurity agency is scrambling to contact more than 130 former employees after a federal court ruled that the Trump administration must reinstate workers it “unlawfully” fired. U.S. District Judge James Bredar last week ordered the Trump administration to reinstate employees laid off across a number of U.S. government agencies, including the Department
CISA scrambles to contact fired employees after court rules layoffs ‘unlawful’ Read More »
The fintech segment, which saw massive growth during the pandemic and immediately after, had a fairly rough 2024, ending with the abrupt shutdown — and then unexpected acquisition — of accounting startup Bench. Though the rapid pace of funding has slowed, some fintechs are continuing to see growth and expand their teams. In an effort
These fintech companies are hiring in 2025 after a turbulent year Read More »
The tech layoff wave is still kicking in 2025. Last year saw more than 150,000 job cuts across 549 companies, according to independent layoffs tracker Layoffs.fyi. So far this year, more than 22,000 workers have been the victim of reductions across the tech industry, with a staggering 16,084 cuts taking place in February alone. We’re
A comprehensive list of 2025 tech layoffs Read More »
Elon Musk’s Department of Government Efficiency (DOGE) has fired more than a hundred employees working for the U.S. government’s cybersecurity agency CISA, including “red team” staffers, two people affected by the layoffs told TechCrunch. The people, who asked not to be named, said affected employees were axed immediately when their network access was revoked with
DOGE axes CISA ‘red team’ staffers amid ongoing federal cuts Read More »
The Trump Administration has fired a number of National Science Foundation employees who had been handpicked for their expertise in AI, threatening the agency’s ability to sustain key AI research, Bloomberg reported. One of the affected departments inside NSF, called the Directorate for Technology, Innovation, and Partnerships, was instrumental in funneling government grants focused on
Trump Administration cuts may threaten AI research efforts Read More »
Commercetools — a “headless commerce” platform that provides APIs to companies building online storefronts — saw a major boost in its business just a few years ago, raising money at a whopping $1.9 billion valuation as the world went shopping online in the wake of the COVID-19 pandemic, and businesses rushed to improve their e-commerce
Commercetools, a pioneer in ‘headless commerce’, lays off dozens of staff Read More »
