layoffs Archives

Streamlining Workforce: Meta Ceases Employment Across Multiple Departments including Reality Labs, WhatsApp, and Instagram; Emphasizes Restructuring Rather Than Mass Layoffs.

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1 month ago
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Meta is reportedly laying off employees in several departments, including WhatsApp, Instagram, and Reality Labs, according to The Verge. The company spokesperson stated that this is a specific team restructuring...

Samsung initiates workforce reduction in Southeast Asia, Australia, New Zealand, contemplating a 10% cut.

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2 months ago
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Reports indicate that Samsung Electronics has begun to lay off employees in the Southeast Asia region, including Australia and New Zealand, constituting approximately 10% of the workforce in this region....

Release of 27 Employees from Their Duties by Courageous Decision-makers Without Explanation.

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3 months ago
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TechCrunch reports that Brave, the developer of a privacy-focused browser and search engine, has announced the termination of 27 employees across various departments. While Brave has confirmed the layoffs, they...

Criticism of CEO Bungie for Bidding on 25 Antique Cars While Employees Face Layoffs

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4 months ago
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Following the Bungie layoffs of 220 employees and the transfer of some to Sony, criticism ensued. It was revealed that CEO Pete Parsons used company funds to purchase a large...

Consolidation Announcement: Delivery Hero Unites Business Segments of Foodpanda, Foodora, Yemeksepeti into a Unified Team, Initiates Workforce Reductions.

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4 months ago
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Delivery Hero, a company providing food delivery services from Germany, has announced its plan to merge its subsidiary units under its umbrella. This includes Foodora and Yemeksepeti, serving in the...

Ethereal Ventures: Humble Bundle’s Distribution of Indie Games Leads to Mass Employee Layoffs

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4 months ago
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Amid the tumultuous landscape of indie game distribution, Humble Games, a subsidiary of Humble Bundle, has announced a “restructuring” of the company amidst reports of laying off all 36 employees....

Unveiling: AI Stability Seeking Acquirer amidst Accumulated Losses and Insufficient Liquidity

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6 months ago
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Reportedly, Stability AI, an artificial intelligence company from the UK and the owner of the Stable Diffusion model, which has previously faced financial difficulties, has begun negotiations to sell its...

Head of Supercharger Team at Tesla Dismissed, New Vehicle Project, and Hundreds of Employees Let Go

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7 months ago
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According to Reuters, Elon Musk has dismissed two high-level executives at Tesla and is preparing to lay off hundreds of employees dependent on the two executives. The two high-level executives...

Announcement: Take-Two Interactive Unveils Workforce Reduction Plan, Terminates Some Game Projects

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7 months ago
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Take-Two Interactive Software, the parent company of 2K Games, Rockstar, and Zynga, has announced a plan to lay off around 5% of its workforce, totaling approximately 580 employees by the...

Ubisoft Announces Termination of 45 Employees to Restructure Business Operations.

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8 months ago
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Ubisoft, a leading game development company, has announced the termination of 45 employees as part of a business restructuring plan to improve operational efficiency. This round of layoffs will affect...