An investor with a $6 billion stake in Google parent Alphabet is calling for more layoffs at the company, although it has already cut 12,000 jobs. The managing partner of London-based TCI Capital Fund Management wrote to Alphabet’s chief executive, Sundar Pichai, asking him to cut thousands more jobs and to reduce the compensation of […]
Microsoft has recently announced that it will lay off 10,000 employees in 2023. Reports suggest that Microsoft’s layoffs will hit VR and Metaverse teams the most. This doesn’t come as a major surprise, as these fields were never their priorities, but they also didn’t want to be left behind in terms of innovation. Microsoft is, […]
While other tech giants like Amazon, Google, and Meta have been downsizing their workforce, there’s so far been no sign of Apple layoffs. A new report today suggests there may be three reasons for this. First, it argues, Apple has been more cautious than other tech companies when it comes to expansion … The Wall […]
Home Game News Microsoft Layoffs Spell Trouble For HoloLens And Metaverse Plans The metaverse isn’t looking bright at Microsoft. Microsoft’s mass layoffs are part of a trend with Big Tech going through some major readjusments. With expansion during the height of the pandemic, as people spent more on tech products over lockdowns, tech firms such […]
On Wednesday, Microsoft announced it was laying off 10,000 people. Alphabet added to the misery with another 12,000 this morning. We’ve previously seen 18,000 jobs cut at Amazon and another 11,000 at Meta. You could also throw in Salesforce, which slashed 7,000 jobs at the beginning of the month. You’ll notice one company is conspicuously missing […]
DAVOS, Switzerland, Jan 18 (Reuters) – Microsoft Corp (MSFT.O) on Wednesday said it would eliminate 10,000 jobs and take a $1.2 billion charge to earnings, as its cloud-computing customers reassess their spending and the company braces for potential recession. The layoffs add to the tens of thousands announced in recent months across the technology sector, […]
Cloud News Wade Tyler Millward January 11, 2023, 02:22 PM EST A person familiar with the situation tells CRN that cutting 15 percent of Citrix and Tibco’s workforce, which is what Cloud Software Group CEO Tom Krause has noted as the percentage of employees being laid off, comes to about 2,000 jobs. Four months after […]
Cloud News Wade Tyler Millward January 10, 2023, 05:12 PM EST ‘It’s a sad day for a company that pioneered the VDI (virtual desktop infrastructure) market. It’s a terrible day, with a lot of good Citrix employees with families and kids leaving the company,’ one source says. Cloud Software Group—the parent company of cloud vendor […]
Marc Benioff, co-chief executive officer of Salesforce.com Inc., between panel sessions on day two of the World Economic Forum in Davos, Switzerland, on May 24, 2022. Jason Alden | Bloomberg | Getty Images Marc Benioff, Salesforce’s co-founder and soon to be sole CEO, indicated in an all-hands meeting on Thursday that more downsizing could be […]