The job cuts continue at Google and Rivian as both companies further trimmed their workforces Wednesday, part of a larger trend of layoffs in the tech industry this year. Google laid off an unspecified number of workers, though the cuts were not company-wide. The company classified them as a reorganization that was part of the normal course of business. Affected employees will be able to apply for internal roles. Google did not confirm or deny a report from Business Insider that teams in...
The tech-wide reckoning that began in 2022 and ran throughout into 2023 has continued into this year. And while 2024’s losses are not at that scale, they’re still significant, driven by big names like Pixar, Google, Microsoft, Mozilla and TikTok. It remains to be seen if this year’s layoff trends follow last year’s, in which layoffs […] © 2024 TechCrunch. All rights reserved. For personal use only.
Buoyant big tech earnings lifted US stocks on Friday while London scaled another peak as investors tracked a series of takeover bids for UK companies.The tech heavy Nasdaq led the way on Wall Street, adding more than two percent as traders shrugged off official data showing that a key measure of inflation favored by the US Federal Reserve had accelerated in March.The broader-based S&P added 1.0 percent while the Dow was 0.4 percent in the green as major European indices also rose.The markets had...
Technology giant Google is executing fresh layoffs in a bid to cut costs. The layoffs have impacted staff across Google’s real estate and finance departments, as per a Business Insider report. In the finance department, employees were let go in treasury, business services, and revenue cash operations.Google's finance chief Ruth Porat, in an email to staff, said that Google would build out its “growth hubs” in locations such as Bangalore, Mexico City, and Dublin as part of the restructuring, the...
The Federal Trade Commission's Tuesday vote to ban noncompete agreements could be a big deal for health care professionals, Tina and Erin write.
After more than a decade of leaving Big Tech largely to itself, US antitrust enforcers have cranked up the heat, with several high-profile cases underway that could radically change the way the industry's giants do business.Launched under both the Trump and Biden administrations, five major cases from the Federal Trade Commission (FTC) and the Department of Justice (DOJ) are moving forward against major US technology companies -- including two against Google that could see the company split...
The NBA Playoffs are here, which means the intensity rises, games are more
Women's participation in technology roles in non-tech businesses is expected to grow by nearly a quarter by 2027 across all levels, including freshers, junior, mid-senior, leadership, and C-Suite levels, a report said on Wednesday. The tech women's participation rate in non-tech industries stood at 19.4 lakh workforce in 2023, which is expected to grow by 24.3% to 24.1 lakh employees by 2027, TeamLease Digital's report - Women at the Heart of India's Digital Evolution, has revealed. With only...
Hallo, Netherlands! Welcome to TNW's first weekly round-up of tech news from our glorious home country. As we count down to TNW conference in Amsterdam on June 20 and 21, we’re ramping up our coverage of the Dutch IT sector. We'd also love to hear your thoughts on the local ecosystem. Drop us a line if you want to showcase your startup, share a digital tip, or just tell us your deepest, darkest secrets. In the meantime, let’s get to the news. What we're writing Chip giant ASML...
Jamey Tucker breaks down what is going on with the Tik Tok ban.
UPMC says the job cuts come as the Pittsburgh-based health system responds to "challenges in the still-evolving, post-pandemic marketplace."
Today’s climate-change kraken may have been unleashed by human activity—which has discharged greenhouse-gas emissions into Earth’s atmosphere for centuries—but reversing course and taming nature’s growing fury seems beyond human means, a quest only mythical heroes could fulfill. Yet the dream of human-powered flight—of rising over the Mediterranean fueled merely by the strength of mortal limbs—was…