Tag Archives: layoffs

Big Tech isn’t done with layoffs as Google, Amazon announce cuts

Big Tech isn’t done with layoffs as Google, Amazon announce cuts

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

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Big Tech layoffs might have ‘real cultural fallout,’ leadership expert says

Big Tech layoffs might have ‘real cultural fallout,’ leadership expert says

There’s nothing more detrimental to the productivity of a workplace than watching trusted colleagues get escorted out of the building amid a mass reduction in force. And with that vibe currently playing out in Big Tech, experts warn job cuts could damage the very fabric of these once-untouchable highly creative institutions. “I think these companies got carried away with overhiring, and they were not careful, and they just hired willy-nilly, and now they’re facing huge layoffs,” Bill George,… Source link

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Apple’s Tim Cook is ‘a Hall of Fame CEO’ who will avoid layoffs, analyst predicts

Apple’s Tim Cook is ‘a Hall of Fame CEO’ who will avoid layoffs, analyst predicts

Don’t expect a mass layoff announcement from Apple (AAPL) despite global economic weakness weighing on iPhone and Mac sales, says Wedbush tech analyst Dan Ives. That’s in large part because Apple CEO Tim Cook didn’t overhire during the pandemic, unlike many of Apple’s rivals. “Apple never hired at the pace of these other tech giants,” Ives said on Yahoo Finance Live (video above). “You’ll see cost-cutting around the edges, but Cupertino — I mean, they’re tacticians…I think it just shows… Source link

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Google blew it with open source layoffs

Google blew it with open source layoffs

Google has made impressive inroads against cloud leader AWS by aggressively open sourcing projects such as TensorFlow and Kubernetes. It’s true AWS makes more money than Google (or anyone else) by operationalizing this open source code, but Google’s open source strategy continues to deliver impressive dividends. That’s why it’s so baffling that the company has laid off some of its best and brightest in open source. People like its longtime open source… Source link

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Google blew it with open source layoffs

Google blew it with open source layoffs

Google has made impressive inroads against cloud leader AWS by aggressively open sourcing projects such as TensorFlow and Kubernetes. It’s true AWS makes more money than Google (or anyone else) by operationalizing this open source code, but Google’s open source strategy continues to deliver impressive dividends. That’s why it’s so baffling that the company has laid off some of its best and brightest in open source. People like its longtime open source… Source link

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