Over the last year, it feels like every day, we’ve heard the news of mass layoffs and hiring freezes from big tech companies that were formerly famous for having deep pockets and near-endless amenities for workers.layoffs of mostly corporate employees will trim 18,000 workers from the roster, the biggest reduction — in raw numbers, despite Amazon’s 1.5 million-strong workforce — yet.
“In order to meet the needs of our upcoming projects, continue to hold ourselves to the highest standard of quality, and ensure BioWare can continue to thrive in an industry that’s rapidly evolving, we must shift towards a more agile and more focused studio,” McKay wrote. “As part of this transition, we are eliminating approximately 50 roles at BioWare.”Google is offering its employees a new incentive to come into its Mountain View, California office: discounted hotel stays.
The warning comes just a month after Verizon posted Q1 ’23 earnings, which fell short of Wall Street estimates as its subscriber base continued to shrink. The companyin the quarter. In March, the company appointed Sowmyanarayan Sampath as CEO of Verizon Consumer Group, which oversees its customer service operation., Meta workers in areas including “marketing, recruiting, engineering and corporate communications” posted on LinkedIn about being laid off.
Nuro grew too rapidly in recent years thanks to an abundance of capital, a zero interest rate environment, and a growing sense of competition. But the company has since run into economic headwinds that are challenging the entire tech industry., the game engine maker announced that it’s laying off about eight percent of its workforce. It says the job cuts come as it “restructures specific teams in order to continue to position itself for long-term and profitable growth.
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