layoffs

  • Yahoo Downsizes In Latin America, Closes Mexico And Argentina Operations

    Yahoo Downsizes In Latin America, Closes Mexico And Argentina Operations

    Ahead of its Q4 earnings and a bigger restructuring on the cards, Yahoo is downsizing in its regional operations, specifically in Latin America. TechCrunch has learned and confirmed that Yahoo has closed its offices in Mexico City and Buenos Aires, Argentina. It’s not pulling out of Latin America altogether: the company is keeping teams in Sao Paulo, Brazil and Coral Gables… Read More

  • VMware Confirms Layoffs In Earnings Statement As It Prepares For Dell Acquisition

    VMware Confirms Layoffs In Earnings Statement As It Prepares For Dell Acquisition

    VMware confirmed that it was laying off 800 employees today as part of its fourth quarter earnings statement. The layoffs had been originally reported by Fortune last week. The move appears to be part of the ongoing dance among EMC federated companies prior to the Dell acquisition expected to go through later this year. Dell announced it was buying EMC in October for $67 billion. EMC owns… Read More

  • Unicorns And Little Ponies Hit The Slaughterhouse As Maker Media Lays Off 17

    Unicorns And Little Ponies Hit The Slaughterhouse As Maker Media Lays Off 17

    Stables full of startups are being turned into glue, whether they’re mythical beasts, donkeys in party hats, or just baby horses. The latest forced to do layoffs is Maker Media, the champion of the do-it-yourself movement. 10 years and $10 million later, multiple sources tell me that Maker Media laid off 20% of its staff today. When asked, Maker Media confirmed to me that 17 people… Read More

  • Analytics Startup Mixpanel Lays Off 18 Employees

    Analytics Startup Mixpanel Lays Off 18 Employees

    Mixpanel laid off 18 people yesterday, representing less than 10 percent of its 230-plus person team. “This is obviously a deeply tough decision,” said CEO Suhail Doshi. “By no means do we intend to hire people only to let them go … We’re very sorry that it happened.” Many other startups are also cutting costs by cutting their headcount. The news was… Read More

  • Layoffs Hit Dinner Lab As Company Shifts To Contract Model For Event Staffers

    Layoffs Hit Dinner Lab As Company Shifts To Contract Model For Event Staffers

    Dinner Lab is laying off around 30 employees from their full-time positions as it shifts to a contract-based model for its events staff, the company confirmed to TechCrunch. Most of those layoffs consisted of on-the-ground events execution staff. The crux of the issue was that these events staffers were being paid as full-time employees, which CEO Brian Bordainick said was not that sustainable… Read More

  • AOL Lays Off Another 100, Two-Thirds In Its Dial-Up/Membership Division

    AOL Lays Off Another 100, Two-Thirds In Its Dial-Up/Membership Division

    Six months into its acquisition by Verizon for $4.4 billion, AOL is doing some trimming of its workforce. TechCrunch has learned, and confirmed, that AOL has laid off around 100 employees, as it looks to eliminate overlap with its new owner and decentralize some functions. “The market changes and we at AOL change ahead of the market,” Caroline Campbell, AOL’s SVP of of Brand… Read More

  • Microsoft Lays Off 60 On Its HoloLens Team In Israel As It Shifts Development To The U.S.

    Microsoft Lays Off 60 On Its HoloLens Team In Israel As It Shifts Development To The U.S.

    Microsoft has yet to ship its first HoloLens holographic imaging device, but it is moving swiftly on to the next generation of development nonetheless. TechCrunch has confirmed that Microsoft has dismissed 60 people in Israel who work on the HoloLens — 30 full-time staff and 30 contractors. The plan is to wind down work on its VR headset and platform in the country… Read More

  • Jawbone Lays Off 60, 15% Of Staff Globally, Closes NY Office

    Jawbone Lays Off 60, 15% Of Staff Globally, Closes NY Office

    Some difficult news this week for Jawbone, maker of fitness trackers, speakers and Bluetooth headsets. TechCrunch has learned and confirmed that the company yesterday laid off around 60 employees, or 15% of staff. It’s a global round of layoffs affecting all areas of the business; and as part of it Jawbone is also closing down its New York office (which was concentrated on… Read More

  • HotelTonight Cuts 20 Percent Of Its Workforce

    HotelTonight Cuts 20 Percent Of Its Workforce

    HotelTonight CEO Sam Shank (pictured above) said the hotel booking startup laid off 37 employees today, 20 percent of its total workforce. Shank described the cuts as “a strategic movement that will enable us to reach our growth and revenue targets” and said they will result in “a more streamlined and focused company.” At the same time, he was quick to add, “This… Read More

  • Angry Birds’ Rovio Cuts 213 Jobs, Axes Learning To Refocus On Games And Video

    Angry Birds’ Rovio Cuts 213 Jobs, Axes Learning To Refocus On Games And Video

    After announcing in August that it would cut up to 260 jobs, Rovio — maker of the Angry Birds games — today released details of the final number: the Finland-based company is letting go of 213 employees, around 25% of staff, as it continues to restructure and cut away unprofitable parts of its business. The whole of the company is being affected, with the exception of those working… Read More

  • Gilt Groupe Cuts 45 Jobs Amid A Quest For Profit, CMO And International Head Exit

    Gilt Groupe Cuts 45 Jobs Amid A Quest For Profit, CMO And International Head Exit

    Some downsizing is on the cards for Gilt Groupe, the fashion flash-sales site that has been valued at $1.1 billion. TechCrunch has learned that the company is cutting 45 jobs as it tries to turn profitable by next year. Among those leaving the company are CMO Clay Cowan and head of international business Marshall Porter, with the roles disappearing with them. TechCrunch first heard of… Read More

  • Confirmed: Sony Mobile Cuts 1,000 Workers In Sweden As Handset Maker Restructures

    Confirmed: Sony Mobile Cuts 1,000 Workers In Sweden As Handset Maker Restructures

    The shakeout among less successful mobile handset makers continues apace. Sony Mobile is cutting 1,000 jobs in Sweden, one of the company’s key manufacturing and R&D centers, as part of a larger restructuring to push the struggling handset maker into profitability. The news, first reported by Swedish local publication 8till5, was confirmed to us directly in a statement (see below). Read More

  • Sources Say IBM Planning On Laying Off 12,000 Over Next Year

    Sources Say IBM Planning On Laying Off 12,000 Over Next Year

    Rumors have been swirling — and IBM’s stock has been rising — on reports that the company is planning a huge round of layoffs of up to 26% of its workforce, or 118,000 people. TechCrunch has been digging and has found out from two separate sources that there will in fact be job cuts, but not anywhere close to this magnitude. Multiple sources tell TechCrunch the 118,000… Read More

  • Aol Is Restructuring, Layoffs And Site Closures Likely

    Aol Is Restructuring, Layoffs And Site Closures Likely

    Aol, owner of TechCrunch, is gearing up for some housekeeping. TechCrunch has learned that the company is preparing to lay off staff and close or fold up underperforming titles as part of a bigger restructuring, aimed at simplifying the company around ad tech, stronger content operations and video. Or, as one source put it to TechCrunch, “stopping things that are not moving the needle… Read More

  • Sources: Good Technology Axes More Than 100 Jobs

    Sources: Good Technology Axes More Than 100 Jobs

    According to multiple sources, Good Technology, a company that sells mobile device management services, has laid off more than 100, and perhaps as many as 140 of its staff. According to LinkedIn, the company has more than 1,000 employees, making it a significant reduction to its workforce, if the rumor is correct. Good Technology filed for a $100 million IPO in May of last year. Its… Read More

  • Microsoft Fires Another Set Of Employees, Continuing Its Announced Layoff Strategy

    Microsoft Fires Another Set Of Employees, Continuing Its Announced Layoff Strategy

    Microsoft took an axe to another slice of its employees today, cutting around 3,000 jobs according to Mary Jo Foley. TechCrunch heard through a separate source that the layoffs were imminent, but was not able to confirm their size. The company released a short statement indicating that it has nearly wrapped “all [of] the 18,000 reductions announced [it] in July.” Today’s… Read More

  • Yahoo Lays Off 400 Employees In India

    Yahoo Lays Off 400 Employees In India

    Just ahead of its Q3 earnings, Yahoo is laying people off in its international business. Specifically, it is downsizing its software development center in Bangalore, India. We understand that 400 people, mainly working in product engineering, have been affected. Yahoo has issued a statement to us confirming “consolidation” into fewer offices: “As we ensure that Yahoo is… Read More

  • Microsoft Lays Off 2,100 More Employees

    Microsoft Lays Off 2,100 More Employees

    As expected, Microsoft hit go on a number of layoffs today, letting 2,100 people go, including 747 people in the Seattle-Redmond area, where the company is headquartered. The firings come as a second wave of the layoffs that were previously announced. Out of 18,000 expected cuts, 13,000 were pulled off nearly immediately. Today’s 2,100 brings the total number to just over 15,000… Read More

  • Political Leaders Rebuke Microsoft’s Mass Layoffs

    Political Leaders Rebuke Microsoft’s Mass Layoffs

    Microsoft’s record layoffs have picked up negative attention from governmental authorities and leaders, even as the cuts have been largely welcomed by investors and the broader market. The software company accreted more than 20,000 employees when it acquired the majority of Nokia’s hardware assets. In the wake of that deal’s closing, Microsoft announced 18,000 cuts to its… Read More

  • Microsoft To Cut Workforce By 18,000 This Year, ‘Moving Now’ To Cut First 13,000

    Microsoft To Cut Workforce By 18,000 This Year, ‘Moving Now’ To Cut First 13,000

    Microsoft has announced major layoffs today as predicted, following a company email published by CEO Satya Nadella last week that signalled changes on the way. In a note published by the company from Nadella today, the CEO outlines how the changes will happen, with a total of 18,000 employees getting the axe over the course of the next year, with 12,500 of those coming out of the streamlining… Read More

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