Technology-driven companies across industries have been laying off workers at the fastest pace since the Covid-19 pandemic shocked the global economy in 2020, according to… Read More »Tech Layoffs Are Happening Faster Than At Any Time During The Pandemic
Silicon Valley embraces failure. Maybe it should applaud quitting, too. Tech leaders have had a lot to say about their companies’ poor performance lately, but… Read More »Maybe Winning Is Quitting in Tech Right Now
SINGAPORE–Chinese e-commerce major JD.com Inc. JD -6.37% told staff that it will cut executive salaries to improve employee benefits and ease financial pressure, as tech… Read More »JD.com Cuts Executive Pay as China’s Tech Firms Tighten Belts
Tech is full of smart people who build, run and invest in successful companies that have produced a tremendous amount of innovation. But the industry’s… Read More »The Myth of the Tech God Is Crumbling
HONG KONG—Indonesian ride-hailing, e-commerce and financial-services company GoTo Group is laying off 12% of its employees, or 1,300 people, as it seeks to cut costs… Read More »Indonesian Tech Giant GoTo Axes 1,300 Employees
Mid-market investment bank Alantra is hiring a team of 60 people after acquiring a majority stake in a specialist data analytics and artificial intelligence start-up.… Read More »Alantra to hire 50 after taking majority stake in tech start-up Deko Data
A software firm that works with the world’s biggest investment banks to automate grunt work has laid off staff as a slowdown in deals begins… Read More »M&A tech firm Datasite axes staff as deal boom slides
Layoffs at ride-sharing firm Lyft Inc. and payments company Stripe Inc., as well as a pause in hiring at Amazon.com Inc., reflect a darker outlook… Read More »Tech Layoffs Reflect Worsening Outlook
Several large tech companies are cutting jobs, while employers overall are still adding them at a strong clip, contributing to other apparently mixed signals about… Read More »Why the October Jobs Report Is So Strong Despite Tech Layoffs
Layoffs at ride-sharing firm Lyft Inc. and payments company Stripe Inc., as well as a pause in hiring at Amazon.com Inc., reflect a darker outlook… Read More »Analysis: Tech Layoffs Reflect Worsening Outlook