Microsoft announces layoffs in its mixed reality division but continues to support HoloLens 2 and mixed reality innovations.
Fisker, the EV startup, lays off hundreds of employees as it seeks funding, a buyout, or faces possible bankruptcy.
TikTok announces global layoffs affecting operations and marketing teams amid internal restructuring.
Pixar lays off 175 employees, marking significant restructuring as the animation studio shifts focus from streaming content to feature films.
San Diego Unified School District rescinds nearly all teacher layoff notices following an agreement with the teachers union, ensuring staffing stability.
Ann Arbor Public Schools announce significant budget cuts, including teacher layoffs and buyouts, to address a $20 million deficit.
Indeed has initiated another significant layoff affecting its Bay Area office, emphasizing the company's ongoing efforts to streamline operations and enhance decision-making speed.
Meta is set to close its enterprise communication platform Workplace to concentrate on developing AI and metaverse technologies, marking a strategic pivot for the company.
Walmart announces significant corporate job reductions and a shift towards a hybrid work model, signaling a major operational change for the retail giant.
Explore why U.S. schools are facing a significant number of teacher layoffs due to the exhaustion of pandemic aid and other compounding factors.
Peloton undergoes another significant restructuring, including layoffs affecting 15% of its workforce and the departure of CEO Barry McCarthy, as it aims to realign its operational costs with current revenues.
Tesla is set to cut thousands of jobs in Texas and California as part of a company-wide restructuring to address operational costs and enhance productivity.