Google is laying off more employees and restructuring some teams.Several teams across Google's finance and real estate units have been affected, according to two current employees, who said staff had been informed of the cuts this week. One said that the affected teams in finance include Google's Treasury, Business Services, and Revenue Cash Operations teams.It's unclear if other parts of the company are affected or how many roles have been cut. One current employee said the changes were "pretty...
A new report says Tesla has sent a memo to employees stating it plans to lay off over 10 percent of its total global workforce. The electric car maker has seen its sales go down in recent months.
Netflix has reportedly reorganized its film division, separating films by genre and laying off some staff. The company is working to focus its creative efforts and cut costs amid economic uncertainty.
In February, Nike announced it would cut 2% of its global workforce in a restructuring, but did not indicate how many of the cuts would be local.
Tesla, Austin's largest private employer, is reportedly laying off a tenth of its workforce potentially dealing a blow to Austin's economy after early figures i
Google is laying off an unspecified number of employees and shifting some roles to other countries as part of a continuing effort to cut costs. The employees will be able to apply for other roles at the company and some of the impacted roles will move to hubs in India, Chicago, Atlanta and Dublin, a Google […]
Take-Two Interactive joins the list of companies laying off employees as it undertakes cost-reduction measures, including canceling projects.
Sikorsky plans on laying off workers due to the U.S. Army’s recent decision to cancel the Future Attack Reconnaissance Aircraft program, a spokesperson said. The layoffs will impact workers in the Sikorsky business segment. A spokesperson told NBC Connecticut that amounts to less than 1% of parent company Lockheed Martin’s workforce. “We intend to retain as many roles as possible
Disney's been in a magical world of trouble over the last several years, ever since the company decided to pick a fight with Florida Gov. Ron DeSantis in the culture war and go all-in on diversity, equity, and inclusion as part of its core programming at the expense of its longtime customers, traditional American families. New reports show that Bob Iger and the board are feeling the heat, especially regarding their costly Marvel and Star Wars content.
A Worker Adjustment and Retraining Notification notice shows Renfro Brands, a sock and legwear manufacturer with facilities in Fort Payne, will begin laying off employees later this week.
The Google spokesperson said the layoffs are not company-wide and that affected employees will be able to apply for internal roles, but did not specify the number of employees impacted nor the teams involved. The layoffs follow a slew of job cuts across Google, and the tech and media industry this year, adding to fears that layoffs may continue as companies grapple with economic uncertainty. Employees across several of Google' teams in its real estate and finance departments have been...
Take-Two Interactive plans to lay off 5 percent of its workforce, or about 600 employees, by the end of the year, as reported in an SEC filing Tuesday. The studio is also canceling several in-development projects. These moves are expected to cost $160 million to $200 million to implement, and should result in $165 million in annual savings for Take-Two. As the owner of Grand Theft Auto and the parent company of Rockstar Games, 2K, Private Division, Zynga and Gearbox, Take-Two is a juggernaut in...