Tag Archives: layoffs

Nearly 6,000 gaming industry workers have already been laid off in 2024, according to PC Gamer reporting, while 2023 saw well over 10,000 job cuts across video game studios. Are industry employers correcting themselves after seeing surging interest in gaming dating back to the pandemic? LightShed Partners Media and Technology Analyst Brandon Ross joins Yahoo Finance to comment on the headwinds contributing to these lay offs seen across the gaming sector. “A big one was actually mobile games… Source link

When Diane Hirsh Theriault’s co-worker returned from lunch to Google’s Cambridge, Mass., office one afternoon in October, his work badge couldn’t open a turnstile. He quickly realized it was a sign that he had been laid off. Ms. Hirsh Theriault soon learned that most of her fellow Google News engineers in Cambridge had also lost their jobs. More than 40 people in the news division were cut, a company union said, though a number of them were later offered jobs elsewhere inside Google. Ms…. Source link

Google, which has a significant Austin presence, is planning even more job cuts this year following a tumultuous 2023 with several rounds of layoffs. The tech giant has repeatedly slashed jobs since January 2023, when the company said it would cut about 6% of its workforce, or 12,000 jobs. Google confirmed the newest layoffs to the American-Statesman in a statement Monday, saying the company is “responsibly investing” in its biggest priorities and opportunities, but positions may be cut on… Source link

Mass layoffs at Google, eBay: a market correction not an economic alarm, experts say | KMPHPlease ensure Javascript is enabled for purposes ofwebsite accessibility Thu, 25 Jan 2024 02:09:53 GMT (1706148593829) a9269422ad81594ce3a51838ebc32a9751a7681b 95ab5c147d0b70d4c47b4658fa1b755d849ed77e Fallback Presentation. Using deprecated PresentationRouter. Source link

After laying off about 1,000 employees last week, Google is now cutting jobs on its advertising sales team. In a statement to The Verge, Google spokesperson Chris Pappas confirmed that “a few hundred roles globally are being eliminated” as part of the change. The news of Google’s latest layoffs was first reported by Business Insider, which obtained a memo from Google senior vice president Philipp Schindler. Schindler reportedly hinted the layoffs will primarily affect its Large Customer… Source link

“Thank you, our corporate overlords, for our new annual tradition.” If you had taken a peek last week at Memegen, Google’s irreverent internal meme board for employees, you’d have seen that quote with thousands of upvotes. Even during a particularly nasty week of tech layoffs, Google led the way by suddenly cutting over 1,000 people with barely any explanation. Since 12,000 people were axed a year ago, smaller layoffs have continued to roll through the sprawling conglomerate at a… Source link

Topline Hundreds of employees were cut from major tech companies this week, including at Amazon, Google and Duolingo, as businesses look to “rightsize” their workforces and cut costs, following up on a parade of layoffs that dominated the news cycle and led to even steeper cuts amid lingering recession fears in 2022 and 2023. across multiple divisions. AFP via Getty Images Key Facts Twitch, a live streaming site owned by Amazon, announced plans to cut 35% of its staff (roughly 500… Source link

Comment on this storyComment Add to your saved stories Save SAN FRANCISCO — The wave of layoffs that has broken over Silicon Valley in the past two years isn’t over. On Wednesday, Google confirmed it had cut hundreds of engineering and hardware workers as it sought to cut costs and refocus on artificial intelligence. The same day, Amazon said it would cut some positions at its Prime Video and MGM Studios entertainment divisions. Twitch, a video game streaming company owned by Amazon, also… Source link

[unable to retrieve full-text content]Inside Google’s Tumultuous 2023: Layoffs, Pivots, and the Ongoing Race for AI Supremacy  Business Insider Source link

[unable to retrieve full-text content]Bay Area tech layoffs: Yahoo, Twilio cut hundreds of workers  San Francisco Chronicle Source link