[ad_1] LinkedIn has announced it will lay off around six percent of its workforce, in part due to a coronavirus-related worldwide hiring slowdown. The Microsoft-owned company is cutting about 960 jobs from its global sales and talent acquisition teams. “[LinkedIn] is not immune to the effects of the global pandemic,” CEO Ryan Roslansky wrote in […]
Category: layoffs
Microsoft cuts dozens of staff as it shifts to AI for MSN news stories
[ad_1] Workforce automation is about to cost dozens of news contractors their jobs. The Seattle Times and The Guardian report that Microsoft is letting go of dozens of news contractors (about 50 in the US, 27 in the UK) after June 30th due to a shift to AI news production on MSN. The workers were […]
Uber plans to lay off another 3,000 employees
[ad_1] The company is reeling from the blow dealt by the COVID-19 pandemic. According to WSJ, Uber’s ridesharing business was down 80 percent in April, compared to the previous year. Prior to the pandemic, ridesharing made up about three-quarters of Uber’s revenue. While UberEats has provided some relief, it’s not enough to make up for […]
Headspace is offering free mindfulness courses to unemployed Americans
[ad_1] There’s no question that losing your job is incredibly stressful, and since the COVID-19 pandemic began, millions of people in the US have been laid off or furloughed. In an attempt to ease some of the stress that causes, the mindfulness app Headspace is offering a free one-year subscription to anyone in the US […]
Airbnb will lay off 25 percent of its workforce due to COVID-19
[ad_1] Departing staff will get 14 weeks of pay, plus another week for every year they’ve worked at Airbnb, and will get a year’s worth of health insurance in the US. International workers will get health coverage through the end of 2020. Employees who’ve worked for less than a year can buy their vested share […]
Kickstarter may cut up to 45 percent of its workforce
[ad_1] Kickstarter has discussed layoffs as the COVID-19 pandemic ravages its crowdfunding business, and it now looks like those job cuts may be particularly severe. In a message to Gizmodo, the company has confirmed plans to cut a large portion of its workforce after the OPEIU (the union representing Kickstarter employees) said it had ratified […]
OnePlus downsizes European teams to focus on key markets
[ad_1] “Europe is a very important market for us and has been since the beginning of OnePlus,” the spokesperson told Engadget. “We’re doing some strategic restructuring in Europe, and in fact are even hiring in the region.” One source added that the teams in Denmark, Finland, Netherlands and Belgium appear to be unaffected, as these […]
Kickstarter’s live project count is down 35 percent from last year
[ad_1] Crowdfunding is taking a serious hit due to the COVID-19 pandemic. A Kickstarter internal memo from CEO Aziz Hasan obtained by The Verge indicates that new projects have dropped by 35 percent year-over-year with “no clear sign of rebound.” The steep drop has led to the company discussing “potential layoffs” with the Kickstarter employee […]
GoPro lays off 200 employees as sales hit hard by coronavirus
[ad_1] GoPro has announced that it will lay off 200 employees or around 20 percent of its workforce due to the coronavirus pandemic. It aims to reduce expenses by about $100 million by switching the majority of its business to a direct-to-consumer model. The company said that Q1 revenue will be less than half of […]
Electric skateboard maker Boosted announces ‘significant’ layoffs
[ad_1] In 2012, Boosted came onto the scene with its crowdfunded Loaded Vanguard light electric skateboard and has since produced a string of personal vehicles including last year’s Rev scooter. Unfortunately things may be nearing the end, as the company announced “the incredibly difficult decision to let a significant portion of the Boosted team go.” […]