Mark Zuckerberg spent a good part of this year poaching employees from rival tech companies including OpenAI, Apple and xAI for his artificial intelligence unit aka...
CrowdStrike – the cybersecurity company that caused a global IT outage last year – has confirmed its plans to cut 5% of its workforce, in part...
Google employees have initiated an internal petition titled “Job Security”, reported CNBC. The petition expresses concerns over the company’s planned cost reductions for 2025. According to...
As the Information Technology industry struggles with its challenges, major tech giants have been on a layoff spree in March this year. The downsizing of the...
Alphabet-owned Google will reportedly sack more employees in the current calendar year, CEO Sundar Pichai told employees in a memo. Google CEO told his staff that...
AI company Humane, backed by OpenAI’s Sam Altman, is undergoing a restructuring process, leading to a four percent reduction in its workforce, affecting 10 employees. The...
Binance.US has already put in place layoffs in the wake of the SEC’s lawsuit against it, with the exchange on Thursday telling employees the regulator put...
Following reports of a wave of layoffs, Binance told Blockworks that it is taking a close look at its staff in top roles and examining which...
Coinbase is cutting an additional 950 staff as part of cost-saving measures that will see its operational expenses shrink by a quarter. The move was announced...