The Core

Why We Are Here => Economics & Investing => Topic started by: rcjordan on November 03, 2022, 07:17:10 PM

Title: US: Roughly a 15% reduction in the Big Tech labor force.
Post by: rcjordan on November 03, 2022, 07:17:10 PM

(Not including Musk's Twitter, hhh.)

This is just the feel from my many news feeds.

Title: Re: US: Roughly a 15% reduction in the Big Tech labor force.
Post by: ergophobe on November 03, 2022, 10:48:20 PM

For your distraction while tied to dialysis tubes

https://news.crunchbase.com/startups/tech-layoffs-2022/

https://www.trueup.io/layoffs

https://layoffs.fyi/

Title: Re: US: Roughly a 15% reduction in the Big Tech labor force.
Post by: BoL on November 04, 2022, 06:17:16 AM

Stripe laying off 14% of its workforce - https://stripe.com/en-au/newsroom/news/ceo-patrick-collisons-email-to-stripe-employees

Title: Re: US: Roughly a 15% reduction in the Big Tech labor force.
Post by: rcjordan on November 04, 2022, 03:07:53 PM

Tech workers brace for massive wintertime layoff surge

https://www.axios.com/2022/11/04/tech-layoff-surge-twitter-elon-musk

Title: Re: US: Roughly a 15% reduction in the Big Tech labor force.
Post by: rcjordan on November 09, 2022, 03:39:48 PM

15% still looks about right.

The parent of Facebook, Instagram and WhatsApp reduced its work force by 13 percent and extended a hiring freeze through the first quarter of next year.

Redfin (RDFN) Cuts 13% of Staff, Shuts Down Home-Flipping Business. Company’s workforce has shrunk by 27% since the end of April as a slowdown grips the US housing market.