Browsing Tag
layoffs
11 posts
Alerzo cuts 15% of its staff strength months after a first layoff
Alerzo, a Nigerian B2B e-commerce startup has laid off 15% of its full time employees in a second…
Bolt laysoff 17 staff, positions open for 3 managerial roles
Some staff of Bolt say the company did not factor performance as a criteria for who got axed as some of their best hands were also affected.
Dell is laying off staff. Says the future is uncertain
Dell says it has taken several steps to stay ahead of the economic downturn, including a pause on external hiring, limiting travel and reducing outside services spend.
Luno is “adjusting” its team size. Lays off 35% of staff
In its message to staff, Luno included what looked like a note of warning that "customer funds are safe and operations continue as normal."
Spotify fires 6% of staff, joining league of big tech layoffs
Spotify is one more big tech company to fire this many people in 2023 alone and there are indications that the layoffs will not stop anytime soon.
Microsoft to layoff more than one-third of its staff strength
As of June last year, Microsoft had 221,000 full-time employees, including 122,000 in the United States and 99,000 across its international offices.
Coinbase lays off 950 people citing economic conditions
The recent Coinbase layoffs are part of a restructuring plan costing the company $58m to $68m in employee severance and termination benefits.
Salesforce is the latest to layoff hundreds of staff
In a letter to employees, CEO Marc Benioff admits that the Salesforce layoffs were necessary because the company hired too many people.
Amazon announces further layoffs, affecting over 18,000 employees
Amazon has announced that it will lay off more than 18,000 employees, 6% of its corporate workforce. The…
COVID-19: Andela Makes 135 Staff Redundant Across 5 Countries
Andela, the engineering-as-a-service company, is one of the many businesses resorting to salary cuts and layoffs due to…