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Microsoft Continues Job Cuts in Surface, Xbox, and HoloLens
Phil Spencer, CEO of Xbox, wrote staff on Thursday to inform them of the layoffs without specifying which areas of his business were affected.
12,000 jobs will be lost by Google Parent Alphabet
There will be a 6% reduction in Alphabet's global workforce, and this will immediately have an impact on US employees.
Microsoft will eliminate 10,000 jobs due to a slowdown in consumer purchasing
Microsoft announced that as it prepares for slower top-line growth, it would lay off 10,000 employees and take a $1.2 billion charge.
Google might fire underperforming employees in 2023 using a performance management system.
According to reports, Google managers have been instructed to label 6% of their workforce as low performers based on how they affect the company.
With collapse of FTX, Genesis alerts investors to the possibility of bankruptcy without new funding.
Genesis has been working for several days to find investors in order to raise $1 billion (approximately Rs. 8,118 crore) in financing.
Companies Use Management Disdain of Elon Musk to Win Over Ex-Twitter Staff.
The widespread disapproval of Elon Musk's Twitter layoffs serves as a reminder of the tremendous demand for highly qualified digital professionals.
Weeks after significant layoffs, Elon Musk tells Twitter staff that he is prepared to hire again
According to reports, Twitter has informed its staff that it is hiring for its engineering and sales divisions.
In the midst of widespread layoffs, Twitter's France Director resigns.
Since the richest man in the world, Elon Musk, took over as CEO of Twitter, things have been rocky.
CEO Andy Jassy of Amazon has confirmed that mass layoffs will continue into next year.
To determine where it might make further savings, Amazon is going through its annual review process.
Employees at SpaceX who criticised Elon Musk were fired
The fallout from the open letter criticising SpaceX CEO Elon Musk's behaviour in June is described in a complaint to the National Labor Relations Board.