Welcome back to Week in Review! We’ve got tons of news for you this week, including a hack at Coinbase; YC thinks Google is a ‘monopolist’; layoffs at Microsoft; and much more. Have a great weekend! Uh-oh: Coinbase says that customers’ personal information, including government-issued IDs, was stolen in a data breach. The hackers demanded […]
TechCrunch Week in Review: Coinbase gets hacked Read More »
Microsoft is about to trim its worldwide workforce by 3%, CNBC reports. The company had around 228,000 employees worldwide as of June, it says, meaning more than 6,500 could be affected by the cuts. It would be one of the company’s largest staff reductions since it cut 10,000 people in 2023. A Microsoft spokesperson told
Microsoft is reportedly about to lay off 3% of its workforce 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 »
Dating app giant Match Group is laying off 13% of its staff as part of a reorganization that aims to reduce costs, shore up margins, and streamline its organizational structure. The layoff would affect about 325 employees, based on the 2,500 employees Match had as of December 2024, per its annual filing. Open roles are
Match to lay off 13% of staff 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 »
Cybersecurity giant CrowdStrike said on Wednesday that it would lay off 5% of its global workforce, which amounts to about 500 workers. In an 8-K filing, CrowdStrike said the layoffs were part of a “a strategic plan (the ‘Plan’) to evolve its operations to yield greater efficiencies as the Company continues to scale its business
CrowdStrike says it will lay off 500 workers Read More »
General Fusion laid off at least 25% of its employees last week, just days after hitting a key milestone for its latest fusion demonstration device. CEO Greg Twiney posted an open letter on the company’s website Monday saying that while its new LM26 device had been able to compress a plasma — something necessary for fusion
Layoffs hit General Fusion as the fusion power startup runs short on cash Read More »
Bench, the accounting and tax startup that was bought in a fire sale last December, has conducted a round of significant layoffs, it confirmed to TechCrunch. Bench didn’t specify how many people were affected, but one person who works there estimated that Bench was eliminating dozens of positions – that’s a big chunk of the
Fintech Bench conducts layoff while others still work month-to-month 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 »
Meta laid off employees on Thursday in its Reality Labs division, which encompasses various virtual and augmented reality projects. The cuts impact employees within Oculus Studios, which develops apps and games for Meta’s Quest headsets. Meta did not specify how many people were impacted by the layoffs but said that the cuts impacted people working
Meta conducts layoffs in Oculus Studios, impacting VR exercise app Supernatural Read More »
