Dropbox is letting go 20% of its workforce as the cloud company undergoes what CEO Drew Houston calls a “transitional period.” In a letter to staff, Houston said that the reduction in headcount would impact 528 people. “As CEO, I take full responsibility for this decision and the circumstances that led to it, and I’m […]
Dropbox is laying off 20% of its staff Read More »
Rental car startup Kyte, which bills itself as the “best alternative to Hertz,” is pulling out of almost all of its major markets in the United States and has cut its workforce roughly in half in a bid to survive after exploring a sale earlier this year. The company is shrinking its operations to focus
Rental car startup Kyte slashes staff and shrinks to two markets in bid for survival Read More »
Welcome back to Week in Review. This week, we’re diving into the recent layoffs at Meta; the fallout from the battle between WordPress and WP Engine; and whether Cybertrucks are simply too big to exist in Europe. Let’s get into it. Multiple teams at Meta were hit by layoffs this week. The company confirmed the
What we know about the layoffs at Meta Read More »
The tech layoff wave is still going strong in 2024. Following significant workforce reductions in 2022 and 2023, this year has more than 130,000 job cuts across 457 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 »
Multiple teams at Meta were hit by layoffs on Wednesday, the company confirmed in a statement to TechCrunch, noting these changes were made to reallocate resources within the company. The layoffs appear to have hit employees working on Threads, recruiting, legal operations, and design, among other teams, according to social media posts announcing the layoffs
Meta lays off employees across multiple teams Read More »
The tech layoff wave is still going strong in 2024. Following significant workforce reductions in 2022 and 2023, this year has more than 130,000 job cuts across 457 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 »
ByteDance’s TikTok is laying off hundreds of employees, mainly in Malaysia, according to Reuters. The cuts come as the social network is increasingly turning to AI for content moderation. Although TikTok did not provide the exact number, it said that less than 500 people were affected. The company said it’s making the changes as part
ByteDance lays off hundreds of TikTok employees in shift to AI content moderation Read More »
The tech layoff wave is still going strong in 2024. Following significant workforce reductions in 2022 and 2023, this year has more than 130,000 job cuts across 457 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 »
Russian cybersecurity giant Kaspersky is shutting down its office in the United Kingdom and laying off its staff, just three months after the company started closing down its U.S. operations and laying off dozens of workers, TechCrunch has learned. Kaspersky spokesperson Francesco Tius said in an email to TechCrunch that the company “will commence a
Kasperksy says it’s closing down its UK office and laying off dozens Read More »
Venture capital firm NFX laid off four employees in September as the firm looks to “rebalance” its resources from its software and product teams to its investing team, general partner Pete Flint told TechCrunch. The layoffs included one product leader and three engineers, Flint said. About a week ago, Amy Lin, chief product officer since
VC firm NFX laid off 4 employees and plans to hire more investors Read More »
