layoffs

Slate Magazine
2 days ago
Media industry

Why Sites Like Gawker and the Messenger Go Blank-and Why It Doesn't Have to Be This Way

Employees at Vice worried about the potential shutdown of the website and layoffs due to a rumored shift to a 'studio model'. Management emphasized transitioning focus to social media channels.
Media companies like Vice face uncertainty as they move away from traditional journalism and pivot towards different models, potentially impacting employee job security.
job-cuts
www.fastcompany.com
3 days ago
Media industry

News and media layoffs keep piling up after one of the worst years since the financial crisis

Hundreds of media sector job cuts in early 2024 including layoffs at prominent outlets like Los Angeles Times, NBC News, and Sports Illustrated.
Data from Challenger, Gray & Christmas show 836 job cuts in the media sector in January 2024 and 21,400 job losses in 2023, the highest since 2009.
Yahoo Finance
2 weeks ago
Artificial intelligence

AI Is Driving More Layoffs Than Companies Want to Admit

UPS CEO Carol Tomé said that new technologies, including artificial intelligence, played a role in the company's largest layoffs in history.
Companies like UPS and BlackRock are facing the challenge of demonstrating the benefits of AI while avoiding the perception that it directly leads to job cuts.
Hindustan Times
2 weeks ago
Artificial intelligence

AI is driving more layoffs than companies want to admit

New technologies, including AI, played a role in UPS' largest layoffs in history.
Companies like UPS and BlackRock are using AI to do more with less while trying to avoid the negative perception of job cuts.
www.mercurynews.com
2 weeks ago
East Bay (California)

Tech companies slash more than 3,900 Bay Area jobs in 2024 as layoffs widen

Tech companies in the Bay Area have announced plans to cut over 3,900 jobs in 2024, indicating a challenging year ahead for the industry.
Companies such as Salesforce, Snap, Maxar Space, and Activision Blizzard have disclosed their plans for job cuts through official filings with the state Employment Development Department.
www.mercurynews.com
3 weeks ago
East Bay (California)

Several hundred more tech layoffs jolt Bay Area as brutal 2024 worsens

Several tech companies in the Bay Area have announced layoffs, making January 2024 the worst month for high-tech job cuts in a year.
PayPal, ChargePoint, Twitch, and Discord are among the companies that have disclosed plans for job cuts.
In total, tech companies have announced the elimination of 929 jobs in the Bay Area.
TechCrunch
3 weeks ago
Artificial intelligence

As layoffs deepen, AI's role in the cuts is murky - but it definitely has one | TechCrunch

AI is playing a role in the layoffs happening in the tech industry
Companies are reluctant to acknowledge the connection between AI and job cuts
morejob-cuts
vice-media
WRBL
3 days ago
Media industry

Vice to stop publishing on website, lay off hundreds

Vice Media to lay off hundreds of employees and stop website publishing
Cost-cutting measures due to tough digital advertising market and changing news consumption habits
www.aljazeera.com
3 days ago
Media industry

Vice Media to close flagship site, slash hundreds of staff

Vice Media will stop publishing new content on flagship site and lay off staff.
Struggling media outlets resort to cost-cutting measures amid digital era challenges.
Kansas City Star
3 days ago
Media industry

Vice to stop publishing on website, lay off hundreds

Vice Media filed for bankruptcy and will lay off hundreds of employees, ceasing website publications.
Digital media companies face challenges in the advertising market, leading to staff layoffs for Vice and other brands.
Yahoo News
3 days ago
Media industry

Digital media upstart Vice laying off 'several hundred' staff: CEO

Vice stops publishing on flagship website and cuts hundreds of jobs
Strategic shift to partner with other media companies for digital content distribution
Axios
3 days ago
Media industry

Vice to lay off hundreds and stop publishing on website

Vice Media plans layoffs amid strategic changes
Shift towards studio model and partnering with media companies for digital content distribution
The Verge
3 days ago
Media industry

Vice is abandoning Vice.com and laying off hundreds

Vice Media is stopping website stories, shifting to social platforms for content distribution.
Company facing challenges like declining ad revenue, exploring new revenue streams like licensing content and focusing on social platforms.
morevice-media
TechCrunch
2 days ago
Artificial intelligence

A bumpy road for EV manufacturers | TechCrunch

Rivian faces challenges in the EV market
Lucid Motors slashes prices to attract customers
TheStreet
3 days ago
Remote teams

Dell employees claim new return-to-office policy is a quiet layoff

Dell is mandating employees to return to the office, causing internal turmoil.
Employees have limited flexibility in choosing remote work options at Dell.
Mail Online
5 days ago
Artificial intelligence

Google mysteriously lays off thousands employees despite record profit

Google announced layoffs despite record profits, sparking concerns of AI replacing staff.
Other major tech companies like Amazon, Microsoft have also laid off workers in the AI transition.
MarTech
5 days ago
Marketing

The war on DEI is hitting marketing and hurting business | MarTech

Diversity and inclusivity drive business success
Layoffs affect DEI efforts negatively
Polygon
6 days ago
Video games

What's going on with all these video game industry layoffs?

Video game industry facing job instability crisis
Massive layoffs affecting both small and large game development studios
The American Conservative
1 week ago
Media industry

The Mainstream Media Are Dying of Self-Inflicted Wounds

American journalism faces severe layoffs and losses in newsrooms.
Proposed solutions include government intervention and reevaluating journalistic objectivity.
www.mercurynews.com
1 week ago
Silicon Valley

Bay Area tech layoffs finally start to weigh down region's job market

Tech industry in Bay Area experiencing layoffs but also significant hiring in AI, clean tech, and green energy industries.
Companies are reinventing themselves, seeking new skill sets amidst industry realignment.
Cbsnews
1 week ago
Education

Long Island school district announces dozens of layoffs in face of $3.6 million deficit

Amityville School District on Long Island is facing a multimillion dollar budget deficit and has announced 47 layoffs in the district, including teachers and security personnel.
Parents are concerned about the impact of the cuts on their children's education and are considering alternatives like private school due to rising tuition and potential classroom size increases.
The district attributes the deficit to increased costs for children with special needs, charter school enrollment, security, and health insurance, but there are questions about accountability for how the deficit was incurred.
journalism
The Walrus
1 week ago
Music

Could a Paywall Have Saved Pitchfork? | The Walrus

Pitchfork, known for its music criticism, is being folded into GQ, signaling a trend of consolidation in the media industry.
The layoffs at Pitchfork and other publications highlight the collapsing middle ground in journalism where only large operations or boutique blogs can survive.
The New Yorker
2 weeks ago
Media industry

Is the Media Prepared for an Extinction-Level Event?

Journalism industry is experiencing layoffs and closures across various media platforms.
The future of journalism requires a reimagining of its relationship with the audience.
www.fastcompany.com
3 weeks ago
Media industry

Why does journalism seem like it's collapsing? Call it market failure

News industry is experiencing mass layoffs and shrinking audiences
Market failure may be the cause of the journalism crisis
Los Angeles Times
3 weeks ago
Dining

Half-salted steak, the ultimate chocolate chip cookie and more recipes we love

115 journalists at L.A. Times, including food columnists and recipe testers, received layoff notices.
L.A. Times Food is still committed to providing excellent recipes and cooking news despite the layoffs.
Axios
1 month ago
Media industry

Mainstream media bloodbath

Media companies are facing severe cutbacks and layoffs, leading to tension between unions and management.
The media business is shrinking at the national, state, and local levels, causing concern for the future of journalism.
Nieman Lab
1 month ago
Media industry

Questions about diversity and seniority swirl after LA Times layoffs

LA Times employees are questioning the paper's direction after a large number of layoffs.
People of color were disproportionately affected by the layoffs due to the prioritization of seniority over diversity.
morejournalism
Above the Law
1 week ago
Law

Will Tech-Focused Biglaw Firms Be Forced To Conduct Layoffs This Year?

The recent layoffs at Fenwick & West may be due to various factors including interest rates affecting venture work, overhiring, and associate salary raises.
Tech-focused firms that did not announce layoffs last year may still be at risk of having to do them in 2024.
New York Post
1 week ago
Artificial intelligence

Cisco to lay off more than 4,000 employees to focus on artificial intelligence

Cisco plans to cut its headcount by 5%, eliminating roughly 4,250 employees.
The company aims to focus on high-growth areas such as artificial intelligence and software development.
GameSpot
1 week ago
Video games

Embracer Canceled 29 Games And Laid Off 1,400 People In Just The Last Six Month

Embracer Group cancelled 29 unannounced games and laid off nearly 1,400 people in the past six months.
The number of gaming projects reduced from 153 to 124, with 8% global headcount reduction and decrease in internal and external studios.
Digiday
2 weeks ago
Career

'Left high and dry': Confessions of a laid-off gaming industry worker

Gaming industry is experiencing significant layoffs as the business model shifts towards free-to-play and live service gaming.
An anonymous gaming industry worker discusses their experience of losing their job during the wave of layoffs.
WGB
1 month ago
Video games

1900 people to be laid off across Xbox, Zenimax and Activision Blizzard

Layoffs in the gaming industry are already on the rise in 2024, with over 5,600 job losses recorded in just the first month.
Microsoft plans to cut 1,900 roles across its gaming divisions as part of a strategy to align with a sustainable cost structure.
VG247
1 month ago
Video games

Microsoft lays of 1,900 staff from its video game division

Microsoft is reportedly laying off 1,900 staff from its gaming division.
IGN claims to have been shown a memo from Xbox boss Phil Spencer confirming the layoffs.
GameSpot
1 month ago
Video games

Microsoft Is Cutting 1,900 Jobs From Its Video Game Division

Microsoft's video game division will lay off 1,900 employees as part of a cost-cutting measure.
The layoffs come after Microsoft's acquisition of Activision Blizzard and are intended to align the company's gaming division with a sustainable cost structure.
Kotaku
1 month ago
Video games

Microsoft Cuts Nearly 2,000 Video Game Workers' Jobs

Nearly 2,000 employees at Microsoft, specifically in the gaming workforce, have been let go.
Xbox boss Phil Spencer called this a 'painful decision' and highlighted the company's commitment to growing the business and bringing more games to more people.
GameSpot
1 month ago
Video games

Embracer-Owned Black Forest Games Has Laid Off 50% Of Its Staff

Black Forest Games, a subsidiary of THQ Nordic, has announced layoffs, cutting around 50% of its staff.
The layoffs targeted the lowest rungs of the company, with creative directors and most managers keeping their jobs.
Poynter
1 week ago
Media industry

Jimmy Finkelstein defends The Messenger's business model, claims the company was on track to break even - Poynter

Messenger CEO claims the outlet would have been profitable by August if it had remained open
The company closed in January after failing to raise enough money to keep it open
Above the Law
1 week ago
Law

Will More Biglaw Firms Cut Jobs Now That Fenwick Has Opened The Floodgates On Layoffs?

Tech-centric firm Fenwick & West slashes 10% of attorneys and staff
Layoffs in industries that are lagging in the current economy may become more common
Ars Technica
1 week ago
Privacy technologies

Mozilla lays off 60 people, wants to build AI into Firefox

Mozilla is cutting about 60 jobs, or 5 percent of its workforce.
The company has been working on multiple projects outside of its core work of making a browser.
Theregister
1 week ago
Artificial intelligence

Mozilla lays off five percent of staff and eyes up AI

Mozilla has laid off approximately 60 staff, or around five percent of its workforce.
Mozilla is de-emphasizing its VPN, Relay, and mozilla.social on Mastodon, and considering getting rid of the Hubs chatroom software.
TechCrunch
1 week ago
Privacy technologies

Mozilla downsizes as it refocuses on Firefox and AI: Read the memo | TechCrunch

Mozilla is making major changes to its product strategy, including scaling back investment in products like its VPN and Online Footprint Scrubber.
The company will also shut down its Hubs platform and scale back investment in its mozilla.social Mastodon instance.
TechCrunch
1 week ago
Startup companies

Instacart lays off 250 employees, or 7% of its workforce, to 'reshape' company | TechCrunch

Instacart is laying off around 250 employees, or 7% of its workforce, as part of a restructuring.
Three executives, including the CTO and COO, are also leaving the company for personal reasons.
Above the Law
1 week ago
Law

Layoffs LITERALLY Decimate Am Law 100 Firm

The term 'decimate' technically means a 10 percent reduction, often referring to a Roman military punishment where one-tenth of the soldiers would be executed.
Fenwick & West, a law firm, is laying off approximately 10 percent of its professionals amidst an assessment of current and future demand.
Common Dreams
1 week ago
Media industry

Billionaire Benevolence Cannot Save Journalism-Here's What Can

The Los Angeles Times recently laid off over 20% of its newsroom, disappointing employees and readers who expected billionaire owner Patrick Soon-Shiong to prioritize public service over profits.
The decline of the journalism industry is not a temporary downturn, but a result of systemic market failure, with the U.S. losing one-third of its newspapers and two-thirds of its newspaper journalists since 2005.
Kotaku
1 week ago
Video games

Immortals Of Aveum Proves It's A Grim Time For Single-Player Games

AAA games are often built around continuous revenue streams with microtransactions and live-service elements.
The budget for Immortals of Aveum was around $125 million, but the game did not sell well enough to recoup those costs.
www.nytimes.com
1 week ago
Television

Paramount Lays Off Hundreds of Workers

Paramount is laying off hundreds of employees as it transitions away from traditional television
The company is struggling to keep pace with streaming services like Netflix
VG247
1 week ago
Video games

"No one bought it"- Immortals of Aveum reportedly had a $125 million budget but failed to recoup costs

Immortals of Aveum had a budget of $125 million.
The game did not perform well and 'no one bought it.'
ReadWrite
1 week ago
Artificial intelligence

Microsoft, eBay, PayPal among tech giants 34,000 job cuts due to AI

Tech companies are cutting jobs and pivoting to AI technology.
Analysts predict more layoffs to come as companies look to become leaner and more productive.
Yahoo Finance
2 weeks ago
Remote teams

6 Downsides of Remote Work That Nobody Talks About

Remote work has its downsides, including being overlooked for promotions and an increased likelihood of being laid off.
Entrepreneur
2 weeks ago
Career

How to Secretly Work Two Full-Time Remote Jobs Like this Guy | Entrepreneur

Working multiple remote jobs can provide financial stability and freedom.
Having multiple jobs can provide additional job security during layoffs in the tech industry.
TechCrunch
2 weeks ago
Artificial intelligence

Grammarly lays off 230 employees as part of a 'business restructuring' | TechCrunch

Grammarly is laying off 230 employees worldwide as part of a "business restructuring."
The layoffs are part of Grammarly's efforts to focus on the AI-enabled workplace.
SFGATE
2 weeks ago
Career

Google workers complain bosses are 'inept' and 'glassy-eyed'

Google employees are expressing dissatisfaction with company leadership and the direction of the company.
CEO Sundar Pichai defended layoffs and claimed that some workers were grateful for the changes.
Futurism
2 weeks ago
OMG science

Mass Layoffs Hit NASA

NASA's Jet Propulsion Laboratory (JPL) is laying off staff and contractors due to congressional gridlock over the budget.
The budget cuts will impact the Mars Sample Return project and other parts of the agency.
GameSpot
2 weeks ago
Video games

Microsoft Is Undermining Activision's Independence With Latest Layoffs, FTC Says

The US Federal Trade Commission (FTC) has criticized Microsoft's layoff plan of 1,900 employees within its Xbox division, including Activision Blizzard employees, stating that it contradicts how Microsoft represented itself in the buyout proceedings.
The FTC is seeking to temporarily pause the Microsoft-Activision Blizzard buyout until it can review the deal on antitrust grounds.
VG247
3 weeks ago
Video games

While impressing shareholders about Xbox revenue, Microsoft avoids saying "layoffs" when talking about 1900 job losses

Microsoft hosts earnings call without directly addressing recent layoffs
Xbox's gaming revenue is up 49% due to Activision Blizzard acquisition
Kotaku
1 month ago
Video games

Not Even Call Of Duty Devs Are Safe From Layoffs

Microsoft announced layoffs in its gaming division, affecting almost 2,000 workers across Activision Blizzard, ZeniMax, and Xbox.
Employees working on Call of Duty, one of the industry's biggest franchises, were among those who lost their jobs.
Polygon
1 month ago
Video games

Microsoft laying off 1,900 Activision Blizzard and Xbox workers

Microsoft is laying off 1,900 workers - or around 8% of Microsoft Gaming's 22,000 employees - from its gaming division.
The majority of layoffs are at Activision Blizzard, though cuts will impact Xbox and ZeniMax employees as well.
GameSpot
2 weeks ago
Video games

Another Round Of Layoffs Hits 2K Games

2K Games has laid off an unknown number of developers at Visual Concepts, the studio behind games such as NBA 2K and Lego 2K Drive.
The layoffs at Visual Concepts are part of a larger trend of job cuts in the video game industry, which has seen over 6,000 developers laid off in 2024.
CityAM
2 weeks ago
Marketing

How social media giant Snap has been snapped back to reality

Snapchat announces plans to reduce its workforce by 10% as it faces challenges in generating profits and revenue.
The company's decision to reorganize and promote in-person collaboration is aimed at reducing hierarchy.
Los Angeles Times
2 weeks ago
Los Angeles

Budget cuts to Mars Sample Return mission prompt hundreds of layoffs at JPL

NASA's Jet Propulsion Laboratory (JPL) will lay off 530 employees and 40 additional contractors due to anticipated funding cuts in the next federal budget.
This is the second round of layoffs for JPL this year, following the reduction of on-site contractors in January.
www.nytimes.com
3 weeks ago
Tech industry

Why Is Big Tech Still Cutting Jobs?

Tech industry's largest companies are implementing layoffs as they shift focus towards building AI technology for long-term growth.
The layoffs are a result of the industry facing two challenges: dealing with workforce expansion during the pandemic and investing in AI.
Variety
2 weeks ago
Podcast

Spotify Gains 10 Million Premium Subscribers as Revenue Rises 16% in Q4, Incurs Charge for Mass Layoffs

Spotify exceeded expectations for new listeners in Q4 2023.
The company reported revenue of €3.67 billion and a net loss of €70 million for Q4 2023.
www.nytimes.com
2 weeks ago
Tech industry

Snap Becomes Latest Tech Company to Cut Jobs

Snap, the parent company of Snapchat, is laying off more than 500 employees in a cost-cutting measure.
The layoffs amount to 10% of Snap's global workforce and will primarily occur in Q1 2024.
Above the Law
2 weeks ago
Law

Leader Of High-Profile Plaintiffs Firm Suddenly Resigns, Resulting In Office Closure, 'Mass Layoffs'

Mikal Watts, co-founder of Watts Guerra, is leaving the firm due to health reasons and will start his own practice.
As a result of Watts' departure, the Puerto Rico office of Watts Guerra will be closing, leading to mass layoffs of at least 50 employees.
Poynter
3 weeks ago
Media industry

Q&A: Did the media business implode in January? - Poynter

Media industry continues to face layoffs, closures, and downsizing
Outlets are struggling with declining audiences and weak advertising market
Boston.com
3 weeks ago
Media industry

Online news site The Messenger shuts down after less than a year

The Messenger, a nonpartisan online news site, abruptly shut down after only eight months in operation, leaving approximately 300 employees out of work.
Founder Jimmy Finkelstein announced the shutdown in an email, stating that the company had been trying desperately to raise enough funds to become profitable.
The collapse of The Messenger follows other large-scale layoffs in the media industry, indicating the challenging economic climate for media companies.
www.cbc.ca
3 weeks ago
Canada news

'Massive fallout': Layoffs of Canadian energy assessors feared as federal grant ends | CBC News

The federal government's Canada Greener Homes grant program is coming to a close, leading to concerns of mass layoffs in the energy audit industry.
Businesses in the industry are experiencing a surge in demand as homeowners rush to secure grant funding before the program ends.
www.cbc.ca
3 weeks ago
Canada news

Desjardins to cut a third of outlets, ATMs in Quebec, Ontario | CBC News

Desjardins Group plans to cut its service centres and ATMs by 30% by 2027.
The decision on which centres and ATMs to shut down will be made by the boards overseeing the credit unions.
VG247
3 weeks ago
Video games

SEGA to lay off 61 staff as fans lap up 90-Metacritic-rated Like a Dragon: Infinite Wealth

SEGA of America plans to lay off 61 staff members, making up roughly 14% of its workforce.
This announcement is part of a larger trend of video game industry layoffs due to unrealistic growth predictions and target adjustments.
Yahoo Finance
3 weeks ago
Tech industry

Alphabet misses expectations on Google ad revenue, sending stock lower

Google parent company Alphabet reported Q4 earnings below expectations, causing the stock to slide 4% in after-hours trading.
Despite missing ad revenue expectations, Google saw continued growth in its cloud business with revenue exceeding $9 billion, a 20% increase from the previous year.
TechCrunch
3 weeks ago
Startup companies

PayPal begins more layoffs | TechCrunch

PayPal has initiated company-wide layoffs, the exact number of affected employees is unknown but expected to be in the thousands.
PayPal has made recent changes to its executive team, including hiring a new CEO and transitioning existing executives to new roles.
TechCrunch
3 weeks ago
Startup companies

Block becomes the latest fintech to lay off workers | TechCrunch

Fintech company Block, which includes subsidiaries like Square and Cash App, is laying off staff due to slower business and revenue growth.
Around 1,000 employees, or 10% of Block's headcount, were impacted by the layoffs.
This adds to a trend of layoffs in the fintech and broader tech industry, with companies like PayPal and Brex also cutting staff.
Yahoo Finance
3 weeks ago
Artificial intelligence

Alphabet earnings preview: Investors eye AI, cloud, and job cuts updates

Alphabet is set to release quarterly earnings after the bell on Tuesday, providing updates on the race for AI dominance, the state of the ad market, and regulatory crackdowns.
Investors are looking for details on Alphabet's cloud business, recent layoffs, and AI initiatives.
Concerns are raised about the rate of Google's ad growth compared to Meta, with expectations of double-digit growth tied to integrating new AI tools into its search infrastructure.
Adweek
3 weeks ago
Startup companies

TechCrunch Is Shuttering Its Subscription Product and Laying Off Staff

TechCrunch laid off eight staff members as part of a larger restructuring
The publisher plans to wind down its paid subscription product, TC+
The Atlantic
3 weeks ago
Media industry

Is American Journalism Headed Toward an 'Extinction-Level Event'?

Major layoffs and cuts are happening in the news industry, including at Time magazine, National Geographic, and the Los Angeles Times.
The Los Angeles Times, once a revered institution, is now a symbol of the decline of news organizations as it faces significant cuts and struggles to find a clear business strategy.
www.nytimes.com
3 weeks ago
Tech industry

Watch Me Lose My Job on TikTok

Tech workers are sharing their layoff experiences on social media, including TikTok videos, which have gone viral.
This trend is driven by Generation Z and millennials who are accustomed to sharing every aspect of their lives on social media.
VG247
3 weeks ago
Video games

Embracer continues its dark side run, cancelling new Deus Ex and laying off almost 100 staff

Embracer Group has cancelled a Deus Ex game and laid off nearly 100 employees at Eidos Montreal.
The cancelled game was an unannounced title that was set to enter production later this year.
TechCrunch
3 weeks ago
Startup companies

Compa grabs more capital amid customer quest for real-time compensation data | TechCrunch

Compa, a compensation market data provider, raised $3.9 million in seed funding in 2021.
The job market experienced extreme volatility in 2022 due to layoffs and cost-cutting measures, leading to a need for new compensation solutions.
Kotaku
3 weeks ago
Video games

Blizzard Dev Uses Company Perk To Get A Decade Of WoW Time Before Being Laid Off

Microsoft laid off 1900 video game workers, including at Activision Blizzard.
One employee used a Blizzard company perk to get nearly 10 years of subscription codes.
Axios
4 weeks ago
Marketing

Viral layoff videos reflect a sea change in work culture

Workers are publicly sharing their experiences of being laid off or fired on social media platforms like TikTok, LinkedIn, and X.
This trend marks a shift in work culture, with job loss losing its stigma and workers seeking support and new opportunities by going public.
TechCrunch
4 weeks ago
Startup companies

Inside Brex's efforts to burn less cash | TechCrunch

Brex announced a restructuring that resulted in laying off 282 employees, or nearly 20% of its staff, as it tries to preserve runway amid reports of burning $17 million in cash each month during Q4 of 2022.
Fintech investing in 2023 saw a significant drop in funding and valuations, with a -43.8% and -32.4% YoY decrease, respectively. However, Q4 saw positive growth with eight new unicorns and double-digit percentage increase in equity funding.
New York Post
4 weeks ago
Remote teams

Remote workers 35% more likely to be fired than those who return to office: 'Out of sight, out of mind'

Remote workers are more likely to be laid off than in-office employees.
Managers perceive in-office employees as higher performers compared to remote workers.
Pinstripe Alley
1 month ago
New York Yankees

Long live Sports Illustrated (and all the best Yankees covers)

Sports Illustrated lays off entire staff
Yankees featured on multiple Sports Illustrated covers
The Economic Times
1 month ago
Artificial intelligence

IBM forecasts annual revenue growth above estimates on AI adoption rush

IBM forecasts full-year revenue growth above market estimates, driven by demand for AI services.
IBM plans to hire for more AI-centered roles and may see a rebalancing charge similar to 2023.
TechCrunch
1 month ago
Startup companies

Wait, wasn't layoff season meant to be over? | TechCrunch

Startups are still facing challenges, including layoffs and financial struggles.
Aileen Lee reflects on the evolution of unicorns over the past decade, highlighting the increase in their numbers and the dominance of B2B startups.
www.nytimes.com
1 month ago
Tech industry

Mediapocalypse Now, a16z's Chris Dixon Defends Crypto, and HatGPT

Layoffs hit newsrooms as technology reshapes the internet
Influential investor discusses the future of blockchains
VG247
1 month ago
Video games

Blizzard's cancelled survival game, Odyssey, reportedly killed due to its engine

Microsoft laid off 1,900 staff (8%) from its video games division
Odyssey, a survival game in development at Blizzard, was cancelled after over six years of development
VG247
1 month ago
Video games

Fallout 76's most beloved CM pens heartwarming thank you to the community after being let go by Microsoft

Microsoft laid off 1,900 staff from its gaming arm, including Bethesda's community manager, Devann McCarthy.
Devann McCarthy expressed gratitude to the Fallout community for their support and the relationships she formed as a community manager.
TechCrunch
1 month ago
Startup companies

Delivery startup Veho makes corporate job cuts | TechCrunch

Veho, a package delivery company, has laid off about 65 employees, representing 19% of its workforce.
The layoffs were part of a reorganization aimed at improving efficiencies and accelerating profitability.
The company had previously experienced significant growth, raising over $300 million in venture capital funding.
Eater LA
1 month ago
LA food

Brutal Layoffs Cause More Turmoil at the LA Times Food Section

The Los Angeles Times announced layoffs that affected at least 115 employees, including three food section staffers.
The layoffs were due to ongoing profit losses, estimated to be $30 to $40 million annually.
Polygon
1 month ago
Video games

Blizzard cancels its secret survival game as president and co-founder leave

Blizzard Entertainment has canceled its untitled survival game after Microsoft's acquisition of Activision Blizzard.
Blizzard's president, Mike Ybarra, has left the company as part of Microsoft's restructuring.
Nieman Lab
1 month ago
Media industry

The Texas Tribune moves to unionize

Staff at The Texas Tribune are unionizing after last year's layoffs.
Organizers presented a mission statement signed by 86% of eligible staff and asked for voluntary recognition of the union.
Nieman Lab
1 month ago
Media industry

The LA Times lays off 115 people, with the De Los and Washington, D.C. teams especially hard-hit

The Los Angeles Times has laid off 23% of its newsroom, one of the largest cuts in the paper's history.
The layoffs followed reports that the Times lost $30 million to $40 million last year.
www.npr.org
1 month ago
Tech industry

eBay to lay off 1,000 workers as tech job losses continue in the new year

eBay is laying off 1,000 employees, about 9% of its workforce, due to a business slowdown.
The company is ending its relationship with many outside contractors in an effort to stay more nimble in a challenging economy.
www.npr.org
1 month ago
Music

With Pitchfork in peril, a word on the purpose of music journalism

Conde Nast is merging Pitchfork with GQ, resulting in layoffs and concern for the outlet's future.
Pitchfork's remaining staff is now reduced to a skeleton crew and GQ's paywall is likely to diminish its reach.
Above the Law
1 month ago
Law

Public Posts Mentioning Goodwin's Layoffs Keep Disappearing...

Goodwin Law has experienced a roller coaster of employment changes in 2023, including layoffs and lateral hires.
Posts about layoffs on Fishbowl, an insider platform, are mysteriously disappearing, raising questions about moderation and the nature of the posts.
Poynter
1 month ago
Media industry

Tuesday was a bleak day for the media industry - Poynter

Media industry layoffs at LA Times, Time magazine, and National Geographic.
Layoffs at LA Times spark strike by journalists at Condé Nast publications.
www.mediaite.com
1 month ago
Media industry

OPINION: L.A. Times Layoffs Hurt Latinos and Los Angeles

The Los Angeles Times has begun layoffs of 115 people, more than 20% of its newsroom, in an effort to build a sustainable and thriving paper.
The layoffs disproportionately affected journalists of color, particularly Latinos, despite the city of Los Angeles having a large Latino population.
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