layoffs - The Stack

Tech layoffs: 25,000 let go in January 2024

"The layoffs seem to be helping their stock prices, so these companies see no reason to stop..."

Azania Imtiaz Patel February 06, 2024

TikTok

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Trending on TikTok: A catchy Korean jingle, “life-changing” shapewear – and tech layoffs

Clumsily or coldly firing staff? Be prepared for prime time on social media...

Azania Imtiaz Patel January 17, 2024

BT to slash workforce by 42%, roll out AWS Wavelength

BT to slash workforce by 42%, roll out AWS Wavelength

65,000 jobs to go by 2028-2030

Edward Targett May 18, 2023

Everything you read about Dell and the death of the PC is wrong

The recent news that Dell is to make 6,650 staff redundant (about 5% of its workforce) led to predictable blame being heaped on that old political football, the IBM-compatible Personal Computer. The notion perpetuated implicitly in media coverage was that PC sales are falling ergo Dell is falling: a...

Martin Veitch February 10, 2023

Microsoft fires 10,000, invests $10bn in 375-person OpenAI

Microsoft fires 10,000, invests $10bn in 375-person OpenAI

Days after laying off over 10,000 people, Microsoft has invested a reported $10 billion in OpenAI -- a company with just 375 staff -- as Artificial Intelligence applications start to go mainstream Microsoft said it would move to “deploy OpenAI’s models across our consumer and enterprise products and...

The Stack January 24, 2023