Apple has announced plans to lay off about 100 employees in its digital services division who are responsible for its Apple Books app and Apple Bookstore, as well as some engineering roles and other services teams. The report further mentions that the layoffs are part of the company’s shift in priorities, like artificial intelligence, as…
GoPro To Layoff 15%
GoPro Inc. is an American technology company founded in 2002 and headquartered in San Mateo, California. It manufactures action cameras and develops its own mobile apps and video-editing software. According to reports, GoPro has announced plans to lay off 15% of its workforce, which amounts to about 139 employees, as part of a restructuring plan…
General Motors To Layoff 1,000
General Motors, the American multinational auto manufacturing company has announced plans to lay off over 1,000 employees, which amounts to about 1.3% of its global workforce as part of a restructuring initiative. The report further mentions that the restructuring is aimed at streamlining operations and prioritizing investments with the greatest impact. The layoffs will affect…
Cisco To Layoff 7%
Cisco, the multinational technology company that designs, manufactures, and sells networking hardware, software, and services, has announced plans to lay off 7% of its global workforce as part of a cost-cutting initiative. According to reports, the layoffs are expected to cost the company about $700 million to $800 million USD in the first quarter of…
Stellantis To Layoff 2,450
Stellantis, the parent company of Chrysler, has announced plans to lay off 2,450 factory workers from its Warren Truck assembly plant outside of Detroit. According to reports, the layoffs come as the company ends production of the Ram 1500 Classic truck and shifts its focus to the production of the Jeep Wagoneer SUV. The layoffs…
Techstars To Layoff 17%
Techstars is a global startup accelerator and venture capital firm founded in 2006 and headquartered in Boulder, Colorado. It provides funding, mentorship, and resources to early-stage companies. According to reports, Techstars has announced plans to lay off 17% of its workforce, which will affect the engineering, support services, and those working in sales and partnerships….
Dell To Layoff 12,500
Dell Technologies Inc. the American multinational technology company has announced plans to lay off 12,500 employees, which amounts to 10% of its workforce. According to reports, this is part of a sales reorganization as the company plans on becoming a leaner company and streamlining layers of management. The layoffs will affect sales, marketing, and engineering…
Infineon Cuts 1,400 Jobs
Infineon Technologies AG is Germany’s largest semiconductor manufacturer, founded in 1999 and headquartered in Neubiberg, Germany. It designs, develops, manufactures, and markets semiconductors and related products. According to reports, Infineon has announced plans to cut 1,400 jobs globally, as part of a cost savings program. The cuts include the cancellation of several hundred positions at…
Intel To Layoff 15,000 Employees
Intel, the multinational technology company, has announced plans to lay off 15,000 employees, which amounts to 15% of its workforce, as part of a global restructuring aimed at cutting costs. According to reports, the layoffs are expected to be completed by the end of 2024 and will reduce spending by $10 billion USD in 2025….
Bungie To Layoff 220
Bungie, Inc. is an American video game company founded in 1991 and headquartered in Bellevue, Washington. It is a subsidiary of Sony Interactive Entertainment. Some of its video game franchises are Halo, Marathon, and Destiny. According to reports, Bungie has announced plans to lay off 220 employees, which amounts to 17% of the company’s workforce,…