layoffs
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Snap is reportedly laying off around 100 employees
Snap is laying off around 100 employees that are part of its engineering staff, according to multiple reports from CNBC and Cheddar. The company expects to lay off as many as 100 people in the engineering department, according to those reports. It’s another sign of potentially re-aligning efforts as it looks to remake itself into something that’s differentiated from products… Read More
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Akamai has laid off 400 workers or 5 percent of global workforce
Akamai, the Cambridge Massachusetts content delivery network and network services provider, announced they had laid off 400 people in their earnings call with analysts yesterday.
On the call, Akamai CEO Tom Leighton indicated that the 400 people represented 5 percent of the company’s 8000 worldwide workforce. “As part of our effort to improve operational efficiency, we reduced… Read More
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NerdWallet lays off 11 percent of staff due to missing profitability goals
Personal finance startup NerdWallet seems to be on the struggle bus, having just laid off 53 people today (about 11 percent of its workforce) due to the fact that the company is not hitting its profitability goals, TechCrunch has learned. As part of the restructuring, NerdWallet’s sales and partnerships teams will be folded into various product teams. Read More
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Developer community Stack Overflow lays off reportedly 20% of staff as it refocusses business
Some changes are underway at Stack Overflow, the online community where some 50 million developers and others converge to talk programming and many other things. TechCrunch has learned and confirmed that the startup has conducted a substantial number of layoffs across the company as it looks to steer the business more towards its core Q&A products and away from areas that were seeing… Read More
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Blue Apron is laying off hundreds of employees
As Blue Apron approaches its next earnings report in a couple of weeks, the company said Wednesday that it is laying off 6 percent of its staff as part of “a company-wide realignment of personnel to support its strategic priorities.” Blue Apron was one of the big — and most anticipated — consumer IPOs of the year, but it’s also now one of the companies that… Read More
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NerdWallet has laid off 9 percent of its workforce this year
NerdWallet, a personal finance company, laid off six people from its marketing team this week, TechCrunch learned and has since confirmed with NerdWallet. This latest round of layoffs means NerdWallet has cut nine percent of its workforce this year. Microsoft experiences the triumph and tragedy of transformation
When long-time Microsoft COO Kevin Turner left the company last year, it marked a key turning point in the Satya Nadella era. Turner’s exit enabled Nadella to start putting his own stamp on the company, and the layoffs, strategy shifts and personnel changes we’ve seen recently are a reflection of that. Read More
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Microsoft confirms layoff reports, reorganization expected to impact thousands
After a week of reports, Microsoft has confirmed its restructuring plans. As we previously reported, the moves are expected to impact thousands at the company as it works to reorganize its sales team. Subsequent numbers have put the headcount at anywhere between “up to 3,000” to closer to 5,000. For its part, Microsoft is refusing to cite specific numbers. Read More
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Layoffs hit Mozilla as it shifts its focus
Mozilla’s push to grow beyond browsers hit a major hurdle this week as the Firefox-maker dissolved its Connected Devices initiative, laying off what CNET reports as around 50 people in the process.
The nonprofit org confirmed the layoffs with TechCrunch, though won’t comment on specific numbers. The move is a further sign of struggle for Mozilla, whose Firefox browser has seen a… Read More
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Events app maker DoubleDutch downsizes again, lays off 40 percent of staff
DoubleDutch, a startup providing mobile apps and analytics for events and conferences is downsizing again. The company has just announced another round of layoffs, affecting roughly 40 percent its workforce, TechCrunch learned and DoubleDutch confirmed. Around 70 positions were eliminated, including those in senior leadership roles. DoubleDutch’s CFO, CCO, VP of Customer Success and… Read More
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