Robinhood is nearly $300 million down, lays off a quarter of its staff, and gets hit with $30 million fine
The definition of a bad week
World's biggest NFT marketplace OpenSea cuts 20% of workforce as crypto winter bites
Another Web3 company is making layoffs
Google slows hiring as more companies worry about the economy
While Microsoft cuts jobs but increases its headcount
Fired Tesla staff continue to praise the company and Elon Musk
"I'm thankful I was part of it"
Tesla sued by ex-employees who claim mass layoffs violated federal laws
The suit claims 500 workers were let go without the required 60-day notice
Coinbase lays off over 1,000 employees, CEO expects long crypto winter
More bad news for the crypto industry
Microsoft is laying off hundreds of employees in Russia
The company is winding down its business in the country
IBM starts laying off employees in Russia, three months after suspending operations in the country
Banking sanctions played a big part in the decision
Elon Musk wants Tesla to cut 10% of jobs, pause all hiring over his 'super bad feeling' about the economy
Tesla employees around 100,000 people
Post-lockdown hangover sees celebrity messaging service Cameo lay off staff
Tech's pandemic boom times are over
Netflix lays off majority of staff at fan site just months after it launched
Netflix isn't having the best of times right now
Better.com boss fires 900 employees during three-minute Zoom call
And then accuses some of laziness
Raven Software employees plan walkout in response to QA layoffs
Protestors demand full-time job offers
Activision Blizzard lays off 50 staff due to pandemic's effects on eSports
The focus is shifting to online events and remote viewing
Insiders say Google lacked the focus and discipline to run a successful game studio
"Google wasn't funding games to sell games... it was funding games to sell Stadia"
IBM said to be planning 10,000 job cuts ahead of strategic spinoff
Germany and UK employees will be the most affected
Magic Leap secures $350 million in additional funding, presses pause on layoffs
Magic Leap's workers can breathe a sigh of relief
Uber lays off 3,000 more employees and closes 45 offices
The company has cut 25 percent of its workforce in just a month
New Kickstarter projects fall 35%, layoffs planned
Covid-19 is crushing crowdfunding
Mozilla lays off 70 employees as its revenue declines
The company is trying to generate money beyond its core product
GameStop's problems continue: 120 staff laid off, stock crashing
Will it go the way of Blockbuster?
Huawei is reportedly planning to lay off hundreds of US-based workers as a result of its blacklisting
The job losses will come from its Futurewei subsidiary
Layoffs hit Intel, affecting hundreds of IT administrators
Intel seems to be streamlining the way it works internally
EA lays off 350 employees to 'refine' itself and 'meet the needs' of players
EA follows in Activision Blizzard's footsteps