Indeed, Glassdoor to lay off 1,300 staff
Recruit Holdings, the Japanese parent of Indeed and Glassdoor, is laying off about 1,300 employees, or 6% of the staff at the two job sites.
Layoffs
Microsoft shares $500M in AI savings internally days after cutting 9,000 jobs
Microsoft’s chief commercial officer Judson Althoff noted AI has been so useful that Microsoft was able to save more than $500 million last year in its call center alone.
TikTok lays off more employees working on TikTok Shop US
TikTok Shop US is conducting its third round of layoffs in as many months.
Microsoft will lay off 9,000 employees, or less than 4% of the company
Microsoft is leveraging another round of layoffs despite posting consistent growth.
Bumble to lay off 30% of its workforce
Dating app Bumble announced on Wednesday that it’s laying off 30% of its workforce, impacting around 240 positions.
After raising $38M, African e-commerce startup Sabi lays off 20%, pivots to traceable exports
African B2B e-commerce startup Sabi has laid off around 20% of its workforce (~50 employees) as it pivots from its original retail-focused platform to double down on a growing business in commodity exports. The layoffs,…
Intel to lay off up to 20% of Intel Foundry workers
Rumors of these layoffs began back in April as Intel looks to refocus on its core business units and shed additional bloat.
It’s layoff ‘season’ at Phil Libin’s Airtime
Airtime, the video startup from Evernote’s founder Phil Libin, has laid off dozens of employees, TechCrunch has learned, and Airtime confirmed. According to the company, 25 people were let go from the 58-person team —…
Luminar secures up to $200M following CEO departure and layoffs
Lidar company Luminar reached a deal with Yorkville Advisors Global and another unnamed investor that could bring another $200 million into its coffers through the sale of convertible preferred stock over an 18-month period. The…
Luminar kicks off another round of layoffs amid CEO’s sudden resignation
Luminar, the lidar company founded by recently replaced CEO Austin Russell, is going through another restructuring, according to a recent regulatory filing. This new round of layoffs, which the company did not provide figures for,…