SAP CEO Klein said the 3,000 layoffs are part of a “targeted restructuring in select areas” of the company as well as “to focus more on its core business and profitability.” “While we ...
The tech industry has seen a string of layoffs in the face of uncertain economic conditions. Meta announced a fresh round of cuts on Tuesday, impacting 10,000 employees. Layoffs come as digital ...
Note: This story originally published on Dec. 1, 2022 and included an interview with layoffs.fyi creator Roger Lee. It was updated on March 15 with new data and information on layoffs in the tech ...
Meta and its rivals have faced criticism over their hiring practices given the recent wave of layoffs. Billionaire tech CEO Thomas Siebel is among the vocal critics, stating that the jobs cuts ...
The cuts come less than six months after the company disclosed 11,000 layoffs in November as CEO Mark Zuckerberg seeks to make the business more efficient. Already a subscriber? Sign In ...
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