Tag Archives: layoffs

The rallies began minutes after Alphabet reported US$13.6 billion in fourth-quarter profit, which one engineer said ‘debunked its own rationale’ for cuts. Source link

Job cuts could come as early as Wednesday – the company has already told employees to cancel non-essential travel from this week. Silicon Valley job losses are mounting after Twitter slashed nearly 3,700 positions last week. Source link

Twitter co-founder Jack Dorsey said sorry to staff who were laid off, saying he grew the company too quickly. UN chief urged Musk to make human rights central to his management. Source link

Reductions could be closer to 50 per cent of workforce, according to media reports, with the legal, trust and safety likely to be among the first affected. Source link

The WeChat owner is simplifying its performance review system to a three-tiered ranking system and reducing the feedback process from twice to once per year as it looks to streamline operations and cut costs amid slowing growth. Source link