Microsoft announced a new round of job cuts internally on July 10 after laying off 10,000 employees between January and March. The company confirmed the layoffs to GeekWire, which broke the news first but did not provide any further details. “Organizational and workforce adjustments are a necessary and regular part of managing our business. We…
National Geographic Magazine Lays Off Remaining Staff Writers: Report
Disney-owned National Geographic magazine has laid off the last of its staff writers and replaced them with freelancers, according to reports, making it the latest media outlet to slash jobs amid an uncertain economic environment. Following job cuts earlier this year, just 19 members of the editorial department had remained at the publication, according to The Washington…
Google Lays Off Staff at Its Mapping App Waze
Alphabet-owned Google on Tuesday said it is cutting jobs at mapping app Waze as it merges the app’s advertising system with Google Ads technology, without giving details on the number of layoffs. “In order to create a better, more seamless long-term experience for Waze advertisers, we’ve begun transitioning Waze’s existing advertising system to Google Ads…
Los Angeles Times Cutting More Than 10 Percent of Newsroom
June 8, 2023
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The Los Angeles Times this week became the latest media organization to announce job cuts, saying it would terminate more than 10 percent of its newsroom. The paper is firing 74 newsroom employees, a spokeswoman confirmed via email to The Epoch Times on June 8. “We have made the difficult decision to undergo a reorganization…
Spotify to Lay Off 200 Workers in Podcast Division
Spotify Technology SA said on Monday it would cut 200 jobs from its podcast unit in its second round of layoffs, as the company restructures the business after years of heavy investment. The move affects about 2 percent of the music-streaming giant’s workforce and aligns Spotify with the likes of Meta Platforms and Roku, which…
China’s Corporate Layoffs Aggravate Unemployment
Chinese companies have been laying off employees since 2023, aggravating an unemployment crisis among Chinese youth. According to the Chinese Communist Party (CCP), the unemployment rate of urban youth aged 16 to 24 reached 20.4 percent in April. One expert believes that while this figure could be far lower than the actual one, it is…
Lyft Lays Off 383 Employees at Headquarters in San Francisco
May 12, 2023
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Ride-share service Lyft has laid off 383 employees at its headquarters—according to a company notice filed with the state on May 10—and has closed its San Francisco driver center. Lyft is the latest company to announce a closure in the city as businesses and residents struggle with skyrocketing crime and an economic decline some have called…
Louisiana’s Biggest Hospital System Lays Off 770 People
May 12, 2023
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Louisiana’s largest hospital system and one of its largest private employers, Ochsner Health, plans on laying off 770 employees. The job cuts will affect 42 hospitals and more than 200 urgent care and health centers in Louisiana and Mississippi. Ochsner CEO Pete November wrote in a May 11 email to employees (pdf) that the cutbacks would not affect doctors, nurses,…
Tech Companies Announce Mass Layoffs Amid Economic Woes
May 8, 2023
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The mass layoffs that started late last year have continued into 2023, amid recession fears and economic slowdowns. So far, the number of tech layoffs globally this year has exceeded the total number from a year ago. According to data compiled by online tracker Layoffs.fyi, the running total of tech layoffs to date is 191,416,…
Lyft Slashes Over 1,000 Jobs, 26 Percent of Its Workforce
April 28, 2023
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Lyft announced that it would lay off 26 percent of its staff, becoming the latest company to initiate cuts in its workforce, as concerns over a potentially deep recession rise. The decision, which was filed with the Securities and Exchange Commission on April 27, will affect 1,072 out of the roughly 4,000 employees at the rideshare…
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