Layoffs fell back to 1.8 million in May, the same level as February, after climbing to a record high of 11.5 million in March and staying quite high in April at 7.7 million. But despite the drop, the ...
Year to date the stock has gained almost 50%, rising from $124.74 on January 3rd to hit a closing high of $191.62.
The past three months may have been dominated by high-profile ... steady at 2.7% – though the layoff rate inched up from 0.9% to 1%. In the past year, North Texas has seen 5,479 layoffs reported ...
Amazon CEO Andy Jassy said in a memo to staff on Monday that the company plans to eliminate 9,000 more jobs in the next few ...
The company said Tuesday it will reduce the size of its recruiting team and then make further cuts in its tech groups in late ...
The WARN Act requires companies with more than 100 employees to provide 60 days’ written notice before mass layoffs ... its fiscal year ended Sept. 30, 2022 — net sales were $2.38 billion ...
And if the employees don’t provide value that results in revenue I don’t think there is enough money to keep the fun projects and high wages flowing ... like $150M a year.
The tech industry has seen a string of layoffs ... the year with more than 130,000 employees, but said that the cuts were made to "stay ahead of downturn impacts." Slowing demand for PCs hit ...
Facebook parent Meta Platforms Inc. is planning additional layoffs to ... workforce last year, according to people familiar with the matter. The new cuts, the first wave of which is expected to be ...
Beneath recent layoffs, CIO Dive analysis shows the tech workforce recruiting cycle is normalizing after years of hiring ...
West Coast tech giants have cut tens of thousands of employees in recent months, but economic turmoil is expected to have a ...
While there are still layoffs set to hit in Texas and beyond ... The quit rate is holding steady at 2.7% – though the layoff rate inched up from 0.9% to 1%. In the past year, North Texas ...