Business
Dyson announces surprise layoffs in Singapore, leaving employees concerned about the future
Dyson surprises employees in Singapore with layoffs, leaving many uncertain about their future and causing low morale in the office.
Business
Zoom scales back on stock-based compensation amid investor concerns
Zoom reduces stock-based compensation to address growing concerns over dilution as stock prices fall and economic challenges persist post-pandemic.
Business
The Nova Launcher team faces layoffs, leaving just one developer in charge
Nova Launcher faces major layoffs, leaving only its founder to continue development, with plans to scale back upcoming updates.
Business
Intel announces major layoffs and halts non-essential work amid significant losses
Intel announces plans to lay off over 15,000 employees and halt non-essential work, aiming to save US$10 billion by 2025 amid significant financial losses.
Business
ShopBack embarks on a strategic workforce reduction
ShopBack reduces its workforce by 24% in a strategic move to ensure sustainability, offering generous support to affected employees.
Business
Inscribe.ai confronts challenging market with workforce reduction
Inscribe.ai, a leader in AI-based fraud detection, faces workforce reduction of nearly 40%, highlighting the volatile nature of the AI sector.
Business
Sony announces significant workforce reductions in PlayStation division
Sony announces the layoff of 900 employees in its PlayStation division, reflecting broader industry challenges.
Business
Apple discontinues its autonomous electric car initiative, leading to staff layoffs
Apple's long-standing project to develop an autonomous electric car comes to an unexpected end, leading to staff realignments and layoffs.
Business
Twitch confirms layoffs of 500 employees
Twitch announces the layoff of 500 employees, 35% of its workforce, as it struggles with profitability and creator engagement under CEO Dan Clancy's leadership.
