Browsing: Redundancies
Instagram has cut 60 CTO positions, eliminating a management level at the company, according to a new report from The information. Affected employees have two months…
Audible, the audiobook company owned by Amazon, is laying off 5% of its staff, according to a memo leaked by Business Insider. According to the memo,…
Animation studio owned by Disney Pixar is poised to undergo layoffs this year, TechCrunch has learned and the company has confirmed. While company sources said the…
In addition to the 500 layoffs at Twitch, Amazon is also making cuts at Prime Video and MGM Studios, laying off “several hundred” employees, according to…
Treasure Financial has laid off 14 employees, the fintech startup confirmed to TechCrunch today. The layoffs took place in December. The move affected about 60% to…
Another proptech startup ran into trouble. Frontdesk, a startup that managed more than 1,000 furnished apartments across the United States, laid off its entire 200-person workforce…
Despite the increase in cyber attacks and breaches, the cybersecurity industry is by no means exempt from the uncertainty inspired by the current economy. 2023 will…
Cruise, the fighter GM’s self-driving car subsidiary is laying off 900 employees, or about 24% of its workforce, according to TechCrunch exclusively. The layoffs are part…
Hasbro is laying off 1,100 employees, according to a SEC filing. The company behind franchises like Dungeons & Dragons and Transformers, Hasbro has already been fired…
Welcome to Startups Weekly. Sign up here to receive it in your inbox every Friday. Borrowing has become more expensive and profits harder to come by,…