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Tag: layoffs

Cloudflare shocks Wall Street with AI layoffs despite earnings beat
Bitcoin

Cloudflare shocks Wall Street with AI layoffs despite earnings beat

Cloudflare shares fell sharply in after-hours trading on Thursday after the cloud infrastructure company announced major layoffs tied to its…

nileshsha@hotmail.comMay 9, 2026
Coinbase disruption tied to AWS outage draws criticism amid staff layoffs and Q1 losses
Bitcoin

Coinbase disruption tied to AWS outage draws criticism amid staff layoffs and Q1 losses

Coinbase (COIN) reported a multi-hour disruption to crypto trading on Thursday, which the Nasdaq-listed exchange attributed to an outage at…

nileshsha@hotmail.comMay 8, 2026
Meta Platforms Will Close 6,000 Open Positions in Addition to Major Layoffs as META Stock Investors Worry That AI Spend Is Just Too Much
Stock Market

Meta Platforms Will Close 6,000 Open Positions in Addition to Major Layoffs as META Stock Investors Worry That AI Spend Is Just Too Much

Meta Platforms (META) has made it clear behind closed doors that it will tighten the screws next month. The social…

nileshsha@hotmail.comApril 26, 2026
As mass layoffs threaten jobs, here are 4 smart moves to protect yourself
Stock Market

As mass layoffs threaten jobs, here are 4 smart moves to protect yourself

Do this now, even if you have a job. www.marketwatch.com #mass #layoffs #threaten #jobs #smart #moves #protect

nileshsha@hotmail.comApril 25, 2026
Nike cuts 1,400 roles in second round of layoffs this year
Stock Market

Nike cuts 1,400 roles in second round of layoffs this year

People walk past a Nike store in New York City, on April 2, 2025. Kylie Cooper | Reuters Nike announced…

nileshsha@hotmail.comApril 24, 2026
Redwood Materials loses COO amid layoffs, restructuring
Entrepreneurship & Startups

Redwood Materials loses COO amid layoffs, restructuring

Redwood Materials chief operating officer Chris Lister is leaving the battery recycling company to retire, TechCrunch has learned — and…

nileshsha@hotmail.comApril 24, 2026
Meta lines up layoffs while Microsoft offers buyouts | Business and Economy News
World News

Meta lines up layoffs while Microsoft offers buyouts | Business and Economy News

Meta will lay off 8,000 workers while Microsoft is offering buyouts to 8,750 people, a first for the Windows maker.…

nileshsha@hotmail.comApril 24, 2026
Marvel Visual Director Andy Park Out After 16 Years Amid Disney Layoffs
Movies & TV

Marvel Visual Director Andy Park Out After 16 Years Amid Disney Layoffs

Andy Park, Marvel’s director of visual development, has left the studio after 16 years as part of Disney’s layoffs. Park…

nileshsha@hotmail.comApril 21, 2026
Meta reportedly eyes more layoffs, targeting 10% of staff
Stock Market

Meta reportedly eyes more layoffs, targeting 10% of staff

The social-media giant is aiming to cut around 8,000 employees in May as it continues to invest heavily in AI…

nileshsha@hotmail.comApril 18, 2026
Layoffs Hit Snapchat Owner Snap as 1,000 Jobs Slashed
Movies & TV

Layoffs Hit Snapchat Owner Snap as 1,000 Jobs Slashed

Snap inc. is laying off 16 percent of its employees, about 1,000 people, as CEO Evan Spiegel says the Snapchat…

nileshsha@hotmail.comApril 15, 2026

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