IBM Misses Annual Cash Target, Announces Fresh Layoffs
January 26, 2023
Tech giant IBM is laying off 3,900 workers or 1.5% of its global workforce as some of the company’s asset divestments missed cash targets. The
Tech
Apple To Manufacture 25 Percent of iPhones in India
January 23, 2023
Apple is considering plans to manufacture a quarter of its iPhones in India as the company looks to diversify its production away from China. “They’re
Spotify Is Laying Off Six Percent of Its Global Workforce
January 23, 2023
Audio streaming company Spotify is expected to lay off 6% of its global workforce, equating to roughly 600 employees. The company currently employs just over
Peloton Hires Twitter Exec to Lead Marketing Efforts
January 17, 2023
Peloton is appointing Twitter’s former marketing head, Leslie Berland, as its next chief marketing officer. Her appointment comes two months after she resigned from Twitter,
Apple Set To Launch Mixed Reality Headsets in Spring 2023
January 10, 2023
Apple plans to launch its mixed reality headset, Reality Pro, in spring 2023 and will offer deliveries by the fall season. The headset will run
The Layoff Saga Continues, Salesforce Terminates 10 Pct of Staff
January 5, 2023
Software giant Salesforce has entered the new year with plans to terminate about 10% of its workforce, equating to about 8,000 employees, in the coming
Vimeo Does Another Round of Layoffs, Cuts 11 Pct of Staff
January 5, 2023
Video marketing platform Vimeo has conducted another round of layoffs, this time impacting 11% of the company. In a letter posted online, Vimeo CEO Anjali
Twitter Makes a U-Turn on Policy Banning Links to Competing Social Media Platforms
December 19, 2022
Twitter reversed its decision to ban links to all other social media platforms on Sunday evening. The ban would have prevented Twitter users from including
Amazon and Apple Resume Twitter Advertising
December 6, 2022
Amazon and Apple are making their return to Twitter advertising. CEO Elon Musk confirmed the news during a Twitter Spaces talk, also noting that Apple
DoorDash Lays Off 1,250 Corporate Employees
December 1, 2022
DoorDash plans to sack 1,250 employees, roughly 6% of its workforce, the company announced Wednesday. The move would allow the food-delivery company to cut costs