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Frontdesk CEO fires all 200 employees after 2-minute call
Frontdesk, an American accessories technology company, has laid off its 200 employees, and its CEO Jesse DePinto announced the news during a two-minute interview. Google Appointment call. The company decided to go into receivership rather than declare bankruptcy.
Google cuts hundreds of jobs in technology, advertising and other divisions
Alphabet’s Google announced it is laying off hundreds of employees from its digital assistant, hardware and engineering teams. Google has laid off hundreds of employees from its advertising sales team. A company spokesperson said that “some teams continue to make these types of organizational changes, which include some global role eliminations.”
In an internal memo, CEO Sundar Pichai informed employees that more positions will be affected by this year’s layoffs, which are aimed at simplifying execution and speeding up in certain areas.
Alphabet’s X Lab also laid off dozens of workers and turned to outside investors for funding.
Microsoft lays off majority of Activision Blizzard staff
Microsoft is cutting 1,900 jobs at Activision Blizzard, Xbox and ZeniMax, representing about 8% of the total Microsoft Gaming division. The layoffs are part of a sustainable cost structure plan to support the company’s business growth. Mike Ybarra and Allen Adham, Blizzard’s president and design director, respectively, have left the company.
Amazon cuts jobs in various divisions
Amazon’s various divisions have announced major layoffs among their workforce. Audible, the online audiobook and podcast service, is laying off 5% of its employees due to an increasingly challenging landscape. Amazon Prime Video is also laying off several hundred employees across its streaming and studio businesses, while Amazon’s streaming platform Twitch is cutting its workforce by 35%, or about 500 employees. In January, Amazon’s Buy with Prime unit also laid off about 5% of its employees.
Xerox lays off 3,000 employees
Xerox, an IT company, also announced a 15% reduction in its workforce, which equates to around 3,000 employees. The company aims to introduce a new organizational structure and operating model.
Unity cuts 1,800 jobs
Unity Software, a video game software provider, is cutting about 25% of its workforce, or about 1,800 jobs, according to a regulatory filing. The company aims to focus on its core business and drive long-term success and profitability by reducing the number of things it does, interim CEO Jim Whitehurst said in a memo to CEOs. employees.
Discord laid off 170 employees
Social chat and messaging startup Discord is reducing its workforce by 17%. The company’s founder and CEO, Jason Citron, sent an internal memo stating that approximately 170 jobs will be affected by the layoffs.
eBay cuts 1,000 jobs as expenses rise
eBay is cutting its workforce by 9%, cutting about 1,000 jobs as expenses grow faster than business. The company’s CEO, Jamie Iannone, plans to streamline teams and improve the end-to-end customer experience globally. eBay will also reduce some “alternative labor” contracts. Officials will notify employees whose roles have been eliminated, and eBay staff will work from home on Wednesday due to privacy concerns.
Flipkart to lay off 1,000 employees as part of restructuring
Flipkart, the Indian e-commerce giant owned by Walmart, has announced that it will lay off 1,000 employees as part of its annual performance review exercise. This represents around 5% of the company’s workforce, which currently stands at around 22,000 employees. It should be noted that this downsizing is a standard process that the company follows every year.
Swiggy lays off staff ahead of IPO
Swiggy, a food tech giant, has reportedly laid off 400 employees as part of a restructuring. This will be the second wave of layoffs for the company, affecting 7% of the workforce. Insiders say tech, call center and corporate teams will be most affected.
Valorant developer cuts 500 jobs
Riot Games, the developer of “League of Legends” and “Valorant,” is cutting 11% of its workforce, or around 530 positions. CEO Dylan Jadeja explained that costs had spiraled out of control due to aggressive expansion. Riot will prioritize its “core” games, reduce the team size of “Legends of Runeterra” and end “Riot Forge.”
TikTok cuts 60 jobs
TikTok has laid off 60 employees from its advertising and sales division. The reason for the layoffs is not disclosed. However, affected employees can apply for other open positions at TikTok, which currently has more than 120 job openings.
Salesforce announces 700 job cuts
Salesforce will lay off 700 employees, or about 1% of its 70,000 global workforce. This comes on top of last January’s announcement that the company would lay off 10% of its employees, or around 7,000.
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