![]() In a regulatory filing, SecureWorks said that it would incur about $14.2 million in expenses due to the layoffs, mostly related to employee termination benefits and real-estate costs. This constitutes the second round of layoffs enacted by company this year, with the company announcing a 9% reduction in the size of its workforce in February. ![]() August 2023 August 14: SecureWorks lays off 15% of workforceĬybersecurity company SecureWorks announced it is laying off 15% of its workforce, around 300 employees. In a strategic shift, Alphabet is focusing its workforce toward engineering and technical roles, reflecting a broader trend in the tech industry. The tech giant is grappling with fierce competition from industry rivals like Microsoft, AWS, IBM, and Oracle, particularly in the field of generative AI and artificial intelligence. The move is part of Alphabet's ongoing efforts to streamline its operations and increase efficiency amid economic uncertainties. Sept 14: Alphabet layoffs: Company trades recruitment team for tech talentĪlphabet, the parent company of Google, initiated another round of layoffs, this time affecting hundreds of employees within its recruiting team. The decision reflects a post-pandemic shift from hypergrowth to a more sustainable business model. Airtable anticipates achieving cash-flow positivity after these layoffs. This move follows a similar downsizing effort in December 2022, which affected 254 employees. CEO Howie Liu explained that these measures aim to target large enterprise clients and regain control over spending. 15: Low-code platform provider Airtable enacts new round of layoffsĪirtable, a low-code software company, underwent its second round of layoffs within nine months, cutting around 237 employees, equivalent to 27% of its workforce. The job cuts at FAST come just days after the company released its Quest 3 mixed reality headsets, which are expected to offer a metaverse play. ![]() FAST is home to nearly 600 Facebook employees, according to the report. 4: Meta to lay off staffers at its Facebook Agile Silicon Team: Reportįacebook's parent, Meta, laid off employees from its metaverse custom silicon unit, affecting Facebook’s Agile Silicon Team or FAST, according to a Reuters report. These job reductions are a response to the company's recent financial struggles, with revenue down 23% year-on-year and net income down 52% for the quarter ending June. Layoffs at the chipmaking giant will affect its San Diego and Santa Clara offices and encompass roles such as engineers, analysts, software developers, and employees in finance, legal, and human resources. Qualcomm is set to cut 1,258 employees by December this year, according to filings made to the state's Employment Development Department. 13: Qualcomm to lay off 1,258 employees from its California offices Here is a list - to be updated regularly - of some of the most prominent technology layoffs the industry has experienced recently. Overall, I enjoyed the people I did work with and communicate with but the negatives outweighed the positives.According to data compiled by Layoffs.fyi, the online tracker keeping tabs on job losses in the technology sector, 1,059 tech companies have laid off about 240,193 staff so far this year, compared to 164,411 layoffs last year. Lastly, there was no room to grow as they had a manager on the team who did not want any manger responsibilities but limited anyone else from taking on the role. She has no personal touch and I blame her for the lack of moral the team has. ![]() She never said anything to me when I was promoted nor did she say anything when I quit. ![]() Additionally, my director has not spoken to most of the people on my team in nearly 2 years. Quite frankly I can't blame people for not wanting to join either as there is no real incentive to do so. The team I was on started having people leave and has not been able to fill any open positions in the past year. When bringing this to management I was told that it was basically too bad because Lumen has a no raise policy in place. I often felt unappreciated and began to realize I was severely undercompensated when comparing to industry standards (over 30% less). I enjoyed the first year as I had so much more of a work-life balance but as I continued on things began to go south. ![]()
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