Tech Companies’ AI-Based Layoffs: The Secret Behind the Job Cuts

Tech Companies’ AI-Based Layoffs: The Secret Behind the Job Cuts

Are Tech Layoffs a Result of Artificial Intelligence? – New Website Are Tech Layoffs a Result of Artificial Intelligence? Meta CEO Mark Zuckerberg steered the company through a “year of efficiency” that saw massive layoffs and record profits. Lots of big tech companies are slimming down and cutting their workforces. This corporate trimming of the … Read more

Sony Interactive Entertainment Announces Layoffs and Structural Reforms in PlayStation Studios

Sony Interactive Entertainment Announces Layoffs and Structural Reforms in PlayStation Studios

Big earthquake. Sony Interactive Entertainment earlier announced that it would launch structural reforms including layoffs, mainly related to employees of its game development unit PlayStation Studios. According to foreign estimates, about 900 employees will be laid off this time, accounting for about 8% of all employees. ・London Studios was disbanded. ・Guerrilla and Firesprite are laying … Read more

Aptiv Layoffs in Krakow Prompt Labor Inspection and Political Response

Aptiv Layoffs in Krakow Prompt Labor Inspection and Political Response

The layoffs at Aptiv took place on Monday at noon. Over 200 employees suddenly received an invitation to a remote meeting, during which they received emails in their inboxes. They found notices of termination combined with dismissal from work. They were given several dozen minutes to pack their things and leave the Krakow office – … Read more

Macy’s to Close Department Stores and Cut 2,300 Jobs as Companies Seek cost Reductions

Macy’s to Close Department Stores and Cut 2,300 Jobs as Companies Seek cost Reductions

Major Companies Implement Job Cuts and Cost Reduction Measures Amid Volatile Economic Climate In response to ongoing economic challenges and evolving consumer behavior, several major companies have initiated cost-cutting and workforce reduction measures. As businesses seek to adapt to changing market demands, pressing economic concerns have put pressure on companies to optimize their budgets and … Read more

Cisco Rumored to Conduct Large-Scale Layoffs, Affecting Thousands of Employees: Reuters

Cisco Rumored to Conduct Large-Scale Layoffs, Affecting Thousands of Employees: Reuters

After large technology companies such as Google announced layoffs one after another, it was also reported that Cisco, a large network communications company, will once again restructure its business through layoffs, which may affect thousands of employees. Cisco is rumored to be restructuring its business through layoffs again, which may affect thousands of employees Reuters … Read more

Snap Announces 10% Workforce Reduction, Impacting 500-Plus Employees

Snap Announces 10% Workforce Reduction in Latest Round of Layoffs Snap Announces 10% Workforce Reduction in Latest Round of Layoffs Image Credits: To support its further growth, Snapchat maker Snap has made the difficult decision to conduct a 10% reduction in its workforce, the company announced on Monday. The layoffs are estimated to affect more … Read more

Microsoft to Lay Off 1,900 Xbox and Activision Blizzard King Employees, Cancels Blizzard Survival Game

Microsoft to Lay Off 1,900 Xbox and Activision Blizzard King Employees, Cancels Blizzard Survival Game

According to real-time news from foreign media today (25th), Microsoft (Microsoft) will lay off approximately 1,900 Xbox and Activision Blizzard King employees this week, accounting for 8% of Microsoft’s gaming department. Activision Blizzard has not officially announced The published survival game was canceled. Reported by technology media The VergeQuoting an internal memo from Microsoft Game … Read more

Advertising Company Deliberately Moves Office to Mountainous Area to Avoid Layoff Compensation: Employees Left in Shock

Advertising Company Deliberately Moves Office to Mountainous Area to Avoid Layoff Compensation: Employees Left in Shock

Some mainland netizens broke the news that a certain advertising company was suspected of wanting to “painlessly lay off employees” and deliberately moved the company to a mountainous area. (Image/Pexels) Many office workers give priority to commuting time when looking for a job. Recently, a mainland netizen published an article revealing that an advertising company … Read more

Is the dream of world factory 2.0 broken? Vietnam’s leading garment manufacturer “lays off 98% of its employees without orders” sells trucks to cash out | Finance | CTWANT

Is the dream of world factory 2.0 broken? Vietnam’s leading garment manufacturer “lays off 98% of its employees without orders” sells trucks to cash out | Finance | CTWANT

Garmex Saigon, the leading garment manufacturer in Vietnam, has laid off a large number of employees, leaving only 37 employees. (Picture/reproduced from Garmex Saigon official website) As the global political and economic situation changes, the world’s major economies such as Europe and the United States have shifted their attention from mainland China to Southeast Asia. … Read more

Bloomberg reports that ByteDance is shutting down “Light Years”, and the official admits to downsizing: selling games and stopping the development of new games

Bloomberg reports that ByteDance is shutting down “Light Years”, and the official admits to downsizing: selling games and stopping the development of new games

“TikTok” (Douyin) parent company ByteDance (ByteDance)It was reported recentlyMuton Technology, the development team of the mobile game “Endless Showdown”, wants to sell. Today (27th) foreign media even pointed out that the game brand “Nuverse” (Nuverse) will be shut down and hundreds of people will be fired. The official admitted that it will sell Publish its … Read more