Last year’s techwide reckoning continues. The tech industry has seen more than 240,000 jobs lost in 2023, a total that’s already 50% higher than last year and growing. Earlier this year, mass work
German micromobility operator Tier Mobility is laying off another 22% of its workforce to cut costs in the never-ending grind toward profitability, according to a LinkedIn post from CEO Lawrence Leusc
It’s a tough day for Dataminr, the New York-based big data unicorn last valued at $4.1 billion. TechCrunch has learned that the company — which uses AI and big data algorithms to provide p
ByteDance’s gaming ambition has been an expensive, short-lived pursuit. In late 2021, the TikTok parent’s plans for video games came into the spotlight after it became one of the firm̵
African payments company Paystack has reduced its operations outside of Africa, trimming its workforce in Europe and Dubai. This decision comes as part of a streamlining effort, particularly in market
Chewy, the online pet supplies company that sold to PetSmart in 2017 for $3.35 billion, but then split off a few years later, is the latest company to undergo layoffs, TechCrunch has learned. Accordin
Amazon announced another cluster of layoffs this week along with plans to discontinue the Crown channel, a flashy Amazon-run Twitch channel that featured television-like programming. Amazon will also
Snap confirmed that a workforce reorganization has resulted in a small number of layoffs for the app maker, impacting people in product management roles. The layoffs were not directly tied to specific
Virgin Galactic is cutting costs and reducing staff by 18% as it looks to scale production of its next-gen line of suborbital spaceplanes. In a memo to staff sent Tuesday, Virgin Galactic CEO Michael
Electric mobility startup Revel is officially shutting down its shared moped business in New York City and San Francisco, according to a company-wide email that CEO and co-founder Frank Reig sent Frid
Wholesale marketplace Faire has laid off 20% of its staff, or about 250 people, as part of a restructuring, according to multiple reports. Business Insider broke the news, reporting that the job cuts
Nio, the Chinese carmaker known for its sleek, premium electric SUVs, has started a new round of layoffs as intense competition propels it to cut costs and regroup resources. In an internal letter see
Ford has shut down VIIZR, a software-as-a-service company that along with Salesforce built an app to help tradespeople like plumbers, locksmiths and electricians to schedule field appointments, send i
Volkswagen’s software unit Cariad will delay the launch of its new software architecture yet again as it deals with a large round of layoffs. Just three years after VW created Cariad, and only s
Welcome to Startups Weekly. Sign up here to get it in your inbox every Friday. For my column this week, I told the story of how an ex-colleague was impersonated by an AI-powered spambot and almost tri
Welcome to Elon Musk’s Twitter (now X), where the rules are made up and the check marks don’t matter. The Tesla and SpaceX CEO announced his bid to buy Twitter in April 2022, zealously driven to r
Roblox China was once full of promise. Since its localized platform, which is a joint effort with Tencent, abruptly halted operation nearly two years ago, the company has been quiet about its standing
But let’s not forget as we dig into the reasons why we are seeing a new wave of tech layoffs that this is more than an academic exploration.
Product Hunt, the product discovery site for smaller startups, apps, tech tools and developers’ side projects, is cleaning house. The company earlier this month announced layoffs, but didn’
Plume, a startup founded to offer essential online healthcare services to trans people across the U.S., laid off more than two dozen workers in October, several sources close to the company told TechC
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