layoffs

Microsoft experiences the triumph and tragedy of transformation

When long-time Microsoft COO Kevin Turner left the company last year, it marked a key turning point in the Satya Nadella era. Turner's exit enabled Nadella to start putting his own stamp on the compan

Microsoft confirms layoff reports, reorganization expected to impact thousands

After a week of reports, Microsoft has confirmed its restructuring plans. As we previously reported, the moves are expected to impact thousands at the company as it works to reorganize its sales team.

Etsy will cut 15 percent of its workforce in a new round of layoffs

Etsy has announced its second round of layoffs in as many months. In a statement today, it said it will cut 140 positions, or about 15 percent of its current workforce. When combined with an earlier d

NerdWallet just laid off over 40 people, including its VP of growth

Personal finance startup NerdWallet recently let go of more than 40 employees, TechCrunch has learned. As part of the changes, NerdWallet VP of growth Henry Hsu left the company and NerdWallet COO Dan

Crunch Report | GoPro plans to cut 270 jobs

GoPro plans to cut 270 Jobs, Tesla looking to raise $1 billion for the Model 3, growth of the iMessage store is slowing down and the pricing of the Lucid Air electric car is revealed. All this on Crun

GoPro will cut 270 more jobs

More tough news for GoPro as it pre-announced its first-quarter earnings earlier today. While the company announced that revenue for the first part of 2017 will hit toward the high end of guidance, th

Crunch Report | Judge Rules CRISPR-Cas9 Belongs to Broad Institute

Verizon is reportedly getting a $250 million discount on its Yahoo deal, judge rules CRISPR-Cas9 belongs to the Broad Institute and not UC Berkeley, Pixar teaches the art of storytelling on Khan Acade

Layoffs hit Mozilla as it shifts its focus

Mozilla’s push to grow beyond browsers hit a major hurdle this week as the Firefox-maker dissolved its Connected Devices initiative, laying off what CNET reports as around 50 people in the process.

VSCO shuts down its New York office

Instagram competitor and visual arts technology company VSCO has closed up shop in New York and laid off all staff, TechCrunch has learned and the company confirmed. The decision was made in order to

Events app maker DoubleDutch downsizes again, lays off 40 percent of staff

DoubleDutch, a startup providing mobile apps and analytics for events and conferences is downsizing again. The company has just announced another round of layoffs, affecting roughly 40 percent its wo

Crunch Report | Medium in the Hot Seat

CES 2017 kicks off, Vine edges closer to its death, Medium is shifting strategies and streamlining and Netflix's upcoming Korean TV show. All this on Crunch Report.

Medium lays off 50 employees, shuts down New York and D.C. offices

It’s not the happiest new year at social publishing platform Medium, apparently. According to a blog post from its CEO Ev Williams, also co-founder of Twitter, the well-funded startup is layi

Intel is laying off a major portion of its wearables group

Update 11/19: Intel is denying that the company is stepping back from wearables, though has not directly commented on the layoff news. Here is the company’s statement in full, Intel is in no wa

Twitter’s sales team is taking a hit in big upcoming layoffs

Well, now we know why Twitter decided to move its earnings report to before the market opens (when the West Coast will conveniently, largely be asleep). Bloomberg is reporting that the company may cut

HP plans 3,000 to 4,000 job cuts over the next three years

HP isn’t out of the woods just yet. In an address to this year’s 2016 Securities Analyst Meeting, Dion Weisler, the President and CEO of the newly formed HP Inc., attempted to put a positive spin

Twitter lays off around 20, shuts down engineering in Bangalore, India

Reports may be swirling about Twitter exploring a sale of all or a part of its company, but in the meantime, the social media platform is trimming down internationally. Twitter is shutting down it

Sources: Cisco planning 15 percent cost reduction this month

Sources are telling TechCrunch that Cisco is planning a significant cost reduction this week, which could involve budget cuts and layoffs. We’ve been hearing that the reductions will be announc

Microsoft is laying off 1,850 to “streamline” its smartphone business, takes $950M charge

Following last week’s news of Microsoft selling off its feature phone business for $350 million, today Microsoft turned its attention to smartphones: the company announced it would lay off 1,8

Intel announces it’s slashing 12,000 jobs

Intel just announced it was slashing its workforce by 11 percent, calling it in all its corporate press-speak glory "a restructuring to accelerate its transformation." Sure. What it means in real h

Local deals site LivingSocial lays off 280, over 50% of staff, outsources customer services

More bad news for LivingSocial, the beleaguered commerce platform that competes with the likes of Groupon in offering deals on events and services local to its users. Today, LivingSocial announced
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