Tag: Layoffs

  • Tech Industry Layoffs May Continue This Year Following Thousands of Job Cuts in 2023

    Tech Industry Layoffs May Continue This Year Following Thousands of Job Cuts in 2023

    This year has gotten off to a rough start for the tech industry. Just two months into 2024, companies like PayPal, Amazon, Salesforce, and Microsoft have laid off employees, according to Layoffs.fyi. Just last week, networking company Cisco unveiled plans to cut more than 4,000 jobs from its global workforce. This comes after tech workers…

  • YouTube Lays Off Another 100 Staffers

    YouTube Lays Off Another 100 Staffers

    Google laid off 100 workers from its YouTube division as the company reduces staff as part of a restructuring tactic as it incorporates artificial intelligence into its operations. The cuts mainly affected the creator management and operations teams that manage YouTube’s content creators, marking its first corporate restructuring in a decade. The 100 people whose…

  • NBC News Lays off a ‘Double-Digit’ Number of Employees

    NBC News Lays off a ‘Double-Digit’ Number of Employees

    NBC News made ‘double-digit’ cuts to its workforce this week joining a growing number of layoffs at media outlets. A range of 50 to 100 people were expected to be let go out of division’s several thousand employees, sources familiar with the matter told Deadline. The affected employees will receive 60 days’ notice along with…

  • Media Layoffs Continue to Soar As the Industry is Still Dealing With the Fallout of a Pandemic-Ridden 2020 and Cord Cutting

    Media Layoffs Continue to Soar As the Industry is Still Dealing With the Fallout of a Pandemic-Ridden 2020 and Cord Cutting

    The media industry as a whole has been trying to find its footing since the pandemic in 2020. As quickly as viewers showed up in droves, ready to consume content and subscribe to streaming services, the proverbial tides receded with the release of COVID-19 vaccines which allowed people to return to some semblance of normal…

  • Google Lays Off Hundreds As it Pulls Back on Hiring

    Google Lays Off Hundreds As it Pulls Back on Hiring

    Google is cooling off on its hiring efforts and cutting hundreds of workers from its global recruiting organization. The cuts come after Google parent Alphabet announced it would cut 12,000 jobs, affecting 6% of its full-time workforce of around 200,000. They also come just a few months after Google posted second-quarter profit and revenue that…

  • More Layoffs Are Coming to ESPN

    More Layoffs Are Coming to ESPN

    Today it was reported that more than 100 staffers will be laid off at ESPN after the Thanksgiving holidays. According to multiple sources who have talked with Sports Illustrated says the layoffs will hit positions across ESPN including front-facing talent. The layoffs will also hit producers, executives, along with digital and technology staffers. This was previously reported…