Microsoft has faced a wave of backlash after a leaked termination letter revealed the company’s new practice of swiftly cutting ties with staff deemed ‘underperforming’, even withholding healthcare benefits and, in several reported cases, refusing severance pay. The letter, which has circulated widely on social media, has sparked debate over whether the technology giant is … Read more
Over 1,400 Google employees signed a petition this week calling for more job security and asked the company to implement buyouts, or financial incentive packages to leave the company voluntarily, instead of resorting to mass layoffs. Now, Google appears to be taking them up on their advice, beginning with a buyout. Google senior vice president … Read more
Amazon announced on Wednesday that it was laying off dozens of workers in its communications and sustainability departments, and earlier this month, the company let go of 200 employees from its North America stores team. It’s only the beginning. In September, Amazon CEO Andy Jassy announced that the company would be eliminating excess layers of … Read more
Legoland Florida plans to lay off 234 workers, primarily performers, in an effort to be more competitive in central Florida’s thriving theme park market, company officials said. The theme park resort in Winter Haven, Florida, said in a notice to the state of Florida last Friday that the permanent layoffs would start at the end of … Read more
News of layoffs has seemed nonstop in January, with CNN, Citigroup, and Microsoft all cutting roles this week alone. Usually, these notices are pretty standard—heavy on the legal wording, and light on the cartoons. But that wasn’t the case at Stripe, a payments software company that laid off 300 employees on Monday. Some employees in … Read more
CNN boss Mark Thompson reportedly plans to announce mass layoffs Thursday – just days after he warned top on-air talent including Jake Tapper and Anderson Cooper that they ought to avoid “pre-judging” President Donald Trump. The ratings-challenge cable news pioneer will lay off hundreds of employees as it refocuses the business around a global digital … Read more
When Meta broke the news of layoffs to employees this week—on the heels of major changes to its content moderation and DEI policies—the tech giant used the term “non-regrettable attrition” to describe its approach, putting a fresh spin on layoff euphemisms. In an internal memo, Meta disclosed that the widespread job cuts would impact 5% … Read more
Meta Platforms will trim about 5% of its “lowest performers” and plans to hire for the impacted roles this year, a company spokesperson said on Tuesday. CEO Mark Zuckerberg has also warned employees about more such job cuts this year to “raise the bar” on performance management, the spokesperson said. The Facebook parent had a … Read more
Washington Post staffers are bracing for layoffs as morale in the newsroom has plummeted in the wake of an exodus of top talent from the Jeff Bezos-owned broadsheet, according to a report. The imminent staff cuts are expected to impact “many dozens” of employees in the business division — with an announcement possibly coming down … Read more
In 2023, more than than 305,000 U.S. workers lost their jobs during a surge of mass layoffs that impacted the tech industry and beyond, CNBC Make It reported. Meta employee Scott Goodfriend was one of those people. After he was laid off from his “dream job” as an augmented reality producer at the tech giant, … Read more
