layoffs Archives

Microscopy assists in the dismissal of 1,900 personnel from the gaming conglomerates Xbox, Bethesda, and Activision Blizzard.

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2 years ago
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Microsoft Gaming, under the leadership of CEO Phil Spencer, has made the decision to lay off 1,900 employees in their gaming division. This unfortunate move will affect all subsidiary companies...

Global Gaming Company, Riot Games, Announces Termination of Work Contracts for 11% of Staff, Equating to a Total of 530 Positions

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2 years ago
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Riot Games, the renowned gaming company, has recently announced the termination of 530 positions worldwide. This accounts for approximately 11% of their total workforce. Interestingly, the majority of those affected...

Pixar Studio Affirms Employee Dismissal Reports, Following Disney’s Revamp of Disney+ to Maximize Profitability.

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2 years ago
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TechCrunch, a renowned news website, reports that animation studio Pixar is preparing to lay off employees, with figures possibly reaching up to 20% of their total workforce of 1,300 individuals....

Massive Workforce Reduction by Amazon Puts Prime Video and MGM Studios in Turmoil

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2 years ago
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Amazon has confirmed the additional layoffs of several hundred employees, impacting the Prime Video and MGM Studios divisions. This comes just a day after Twitch, another subsidiary of Amazon, announced...

Preparing for Twitch’s approximate 35% workforce reduction

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2 years ago
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According to reports, Twitch, the live streaming platform, is preparing to lay off approximately 35% of its workforce, amounting to around 500 positions. Currently owned by Amazon, Twitch’s own business...

Unveiling a Release of 900 Employees by Cruise: Unleashing Consequences Resulting from the October Mishap

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2 years ago
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Cruise, a self-driving car company under GM, has announced the termination of 900 employees, accounting for 24% of its total workforce. The majority of those affected are employees in the...

Etsy’s Workforce Reduction: A 225-Employee Layoff Corresponding to an 11% Staff Cut

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2 years ago
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Etsy, the handmade marketplace, has announced the laying off of 225 employees, which accounts for 11% of the total workforce. The company stated that this move is intended to align...

Chief Financial Officer of Spotify Announces Resignation – CEO Seeks Multi-faceted, Experienced Replacement

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2 years ago
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Spotify has announced that Paul Vogel, the Chief Financial Officer, will be stepping down from the company, effective March 31, 2024. During the interim, Ben Kung, Head of Financial Planning,...

Twilio Announces Further Workforce Reduction, Culling Approximately 500 Positions

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2 years ago
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Twilio, the leading API provider for SMS delivery and multi-channel communications, has announced an additional 5% reduction in workforce, comprising nearly 300 employees. This marks the third time that Twilio...

Revolutionary Embracer Initiative Releases 900 Employees: A Calculated 5% Dent from the Whole, with Latest Quarter Suffering Deficits

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2 years ago
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Embracer Group has recently announced that they have laid off 900 employees, which accounts for approximately 5% of their total workforce of 15,000 individuals, as part of their previously declared...