Richard Branson's Virgin Orbit is laying off about 675 employees, or 85% of its workforce, as the air-launched rocket company failed to find funding to sustain its operations. Most of the affected ...
The British billionaire's rocket company is ceasing its operations. Its stock has fallen by more than 89% this year. It is a blow that will resonate throughout the British aerospace industry for a ...
Hub—the vendor set up by Man Group, Pimco, State Street, IHS Markit, Microsoft, and McKinsey to overhaul asset management operations—is in the process of downsizing. WatersTechnology has learned that ...
We really didn't want to have to create another Layoff Tracker this year. But here we are, launching the third annual iteration tracking industry layoffs. Last year, we tallied 187 total layoffs ...
‘8x8 is losing their channel religion a little bit,’ one anonymous 8x8 partner tells CRN regarding the latest round of layoffs that reportedly include most of the cloud communication provider ...
The firm said in November 2023 it had 5,000 employees, suggesting around 500 people are facing redundancy. It comes a day before Snap reports its fourth-quarter results - having reported a net ...
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(Reuters) -Tencent Holdings' Riot Games plans to lay off 530 employees, or about 11% of its staff globally, the online gaming company said on Monday in a blog that included a letter to employees ...
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Amazon Web Services (AWS) has confirmed to multiple outlets that it plans to lay off hundreds of staff in an effort to "streamline." In an internal e-mail obtained by GeekWire, AWS senior vice ...
If you’re looking to spring clean your closet this season, we’ve got just the sale for you. Nordstrom Rack’s Clear the Rack event is here with unbeatable deals on all your favorite brands in ...