GM’s Cruise laying off 900 employees, or 24% of its workforce: Read the memo here
General Motors' Cruise on Thursday announced internally that it will lay off 900 employees, or 24% of its workforce, the ...
Tag: employees
Citigroup employees, on edge over layoffs, told they can work remotely until the new year
Citigroup told most of its employees that they can work remotely the final two weeks of December, CNBC has learned.Workers ...
Twilio lays off 5% of employees in unit activists want to divest
Jeff Lawson, CEO of Twilio, during the Singapore FinTech Festival in Singapore on Nov. 17, 2023.Lionel Ng | Bloomberg | ...
Spotify to lay off 17% of employees — read the full memo CEO Daniel Ek sent to staff
It comes after Spotify reported a 65 million euro ($70.7 million) profit for the third quarter, citing lower spend on ...
Read Linda Yaccarino’s message to X employees about Elon Musk’s controversial DealBook interview
Linda Yaccarino, CEO, X/Twitter speaks onstage during Vox Media's 2023 Code Conference at The Ritz-Carlton, Laguna Niguel on September 27, ...
Microsoft preparing San Francisco offices for OpenAI employees, even as chaos lingers
A pedestrian walks by a sign at a LinkedIn office on July 26, 2023 in San Francisco, California.Justin Sullivan | ...
Hundreds of OpenAI employees threaten to follow Altman to Microsoft unless board resigns
Hundreds of OpenAI employees, including co-founder and board member Ilya Sutskever, have signed a letter demanding that either OpenAI's remaining ...
Starz to lay off more than 10% of employees ahead of Lionsgate spinoff
Starz CEO Jeffrey HirschSource: StarzStarz, the premium network and streaming service that will soon be its own publicly traded company, ...
Big banks are quietly cutting thousands of employees, and more layoffs are coming
The largest American banks have been quietly laying off workers all year — and some of the deepest cuts are ...
Snap rises nearly 12% after CEO shares strong 2024 goals with employees
Co-founder and CEO of Snap Inc. Evan Spiegel holds up a Pixy drone while speaking during the Viva Technology conference ...
