After tech giant Cisco announced plans for its second round of layoffs this year, employees tell TechCrunch that they will not know if they are affected for close to a month. Earlier this month, Reuters reported that Cisco was planning a second round of layoffs this year, after letting go of around 4,000 workers in […]
Cisco employees face a month of silence ahead of second layoff in 2024 Read More »
The fintech segment, which saw massive growth during the pandemic and immediately after, has had a fairly rough 2024. But while the rapid pace of funding has slowed, many fintechs are continuing to see growth and expand their teams. In an effort to better understand just how many fintechs might fit into this category, I
These fintech companies are hiring, despite a rough market in 2024 Read More »
The tech layoff wave is still going strong in 2024. Following significant workforce reductions in 2022 and 2023, this year has already seen 60,000 job cuts across 254 companies, according to independent layoffs tracker Layoffs.fyi. Companies like Tesla, Amazon, Google, TikTok, Snap and Microsoft have conducted sizable layoffs in the first months of 2024. Smaller-sized
A comprehensive list of 2024 tech layoffs Read More »
Formlabs on Thursday confirmed that it has laid off a “small number” of employees, TechCrunch has exclusively learned. The 3D printing firm says the figure amounts to less than 40 of a total headcount of just under 750 employees. The layoffs occurred in waves over the past two years, and as recently as the last
3D printing stalwart Formlabs confirms ‘small number’ of layoffs Read More »
The tech layoff wave is still going strong in 2024. Following significant workforce reductions in 2022 and 2023, this year has already seen 60,000 job cuts across 254 companies, according to independent layoffs tracker Layoffs.fyi. Companies like Tesla, Amazon, Google, TikTok, Snap and Microsoft have conducted sizable layoffs in the first months of 2024. Smaller-sized
A comprehensive list of 2024 tech layoffs Read More »
Sonos has laid off 100 employees, 14 months after reducing its 1,800 headcount by 7%. The home audio company confirmed the news with TechCrunch, following an initial report by The Verge. “We made the difficult decision to say goodbye to approximately 100 team members representing 6% of the company. This action was a difficult, but
Sonos CEO Patrick Spence confirms 100-person layoff Read More »
The tech layoff wave is still going strong in 2024. Following significant workforce reductions in 2022 and 2023, this year has already seen 60,000 job cuts across 254 companies, according to independent layoffs tracker Layoffs.fyi. Companies like Tesla, Amazon, Google, TikTok, Snap and Microsoft have conducted sizable layoffs in the first months of 2024. Smaller-sized
A comprehensive list of 2024 tech layoffs Read More »
Reliance, India’s largest conglomerate, reduced its workforce by 11%, or more than 42,000 people, in the financial year ended March 2024. The conglomerate also slowed hiring, bringing on board about 171,000 people in the financial year, lower than the around 263,000 people it hired a year earlier, according to its annual report. The company said
Indian conglomerate Reliance slashed over 42,000 jobs last financial year Read More »
Techstars is laying off 17% of its workforce and will end its $80 million J.P. Morgan-backed Advancing Cities Program once the fund is completely deployed at the end of this year, TechCrunch has learned. The Advancing Cities program, which launched in 2022, saw the launch of accelerator programs across the nation in cities like Oakland,
Techstars is laying off 17%, ending its J.P. Morgan-backed programs Read More »
The tech layoff wave is still going strong in 2024. Following significant workforce reductions in 2022 and 2023, this year has already seen 60,000 job cuts across 254 companies, according to independent layoffs tracker Layoffs.fyi. Companies like Tesla, Amazon, Google, TikTok, Snap and Microsoft have conducted sizable layoffs in the first months of 2024. Smaller-sized
A comprehensive list of 2024 tech layoffs Read More »
