Apple is the latest tech firm to cut staff. What do the layoffs tell us about the economy?

In some cases, it’s about responding to competition. In others, it’s a way of bracing for a possible economic downturn.

There’s a reason why US Midwest startups had fewer layoffs, Chicago VC says

Over time, many cities across the Midwest have been building out bona fide startup ecosystems, as M25's annual ranking of Midwest startup hubs makes clear.

I'm one of the 800 Peloton employees losing their jobs. After massive layoffs in February, I've spent every day of...

"It was only when we showed up each day and saw our assignments that we'd know, 'Okay, we're working today,'" the Peloton worker said.

How the Great Resignation could turn into the Great Employee Return

26% of workers who quit regret their decision. The No. 1 reason is that finding a new job has been more difficult than they expected. Despite signs of a slowdown and waves of layoffs, the job...

Malwarebytes lays off 125 employees citing ‘strategic reorg’

Cybersecurity giant Malwarebytes has laid off 125 employees, or about 14% of its global workforce. News of the layoffs began circulating on LinkedIn last week, with former employees sharing that...

Young Bankers Worry About Nights Off Early and Dark Days Ahead

A young investment-banking analyst who came close to burning out now has enough free time to take in Broadway shows. A year or two ago, underwriting and advisory work was piling up and junior...

House of the Dragon is coming to HBO. So is the Netflix Chill

HBO’s House of the Dragon does indeed feature a dragon. | HBO HBO’s Game of Thrones prequel rolls out as the streaming industry reconsiders ... everything. It’s just like old times at HBO...

NTU, Algorand to roll out center for blockchain research

Singapore’s Nanyang Technological University is set to launch a center for blockchain research. Called the Algorand Center of Excellence at NTU (ACE@NTU), the center is one of 10 such ACEs...

Second Layoff Round at Crypto.com Worse than June Cuts

Crypto.com laid off 260 employees, or 5% of its workforce, in June. The latest round of cuts has not been announced publicly. During a quarterly "all hands" call, "leadership expressed they had no...

The Single Dumbest Decision Made By Any Corporation': HBO Max Incites Massive Layoffs Following Streaming Merger

Warner Bros. Discovery has laid off roughly 14% of HBO and HBO Max staff following a mass restructuring that was announced during the company's Q2 earnings call.

Second Layoff Round at Crypto.com Worse than June Cuts: Sources

Multiple sources at Crypto.com tell Decrypt that recent layoffs, beyond those announced in June, have been kept quiet but are “much bigger.”

Next Billion-Dollar Startups 2022

Forbes and TrueBridge Capital search for the country's 25 most likely to become unicorns. Of the 175 companies to make this list over the years, 116 have becomeunicorns. Just 5 imploded or shut...

Tech giant lays off 100 contracted recruiters as it slows hiring

Apple has reportedly laid off approximately 100 contracted recruiters as the tech giant looks to rein in its spending and slow its hiring. Sources told Bloomberg — the first news organization to...

SoulCycle is closing 20 stores across the nation

The high-intensity indoor cycling is skidding to a halt, with Peloton also announcing two rounds of layoffs this year.

Apple Reportedly Begins Layoffs as It Prepares for Yet Another Return-to-Office Push

Apple reportedly laid off around 100 contract-based recruiters over the past week. Those who lost their jobs reportedly received a message from Apple saying they were laid off due to changes in...

Apple Reportedly Begins Layoffs as It Prepares for Yet Another Return-to-Office Push

Apple reportedly laid off around 100 contract-based recruiters over the past week. Those who lost their jobs reportedly received a message from Apple saying they were laid off due to changes in...

Apple Lays Off Contract-Based Recruiters in Hiring Slowdown

By Sam Boughedda Apple is said to have laid off various contract-based recruiters in the past week, according to Bloomberg. Citing people with knowledge of the matter, Bloomberg said the move...

Apple reportedly lays off 100 contract recruiters after committing to hiring on a 'deliberate basis'

The recruiters, who are responsible for hiring new employees at the company, were told that the layoffs reflect changes to Apple's business needs. Though the move is unusual for the...

Apple reportedly lays off 100 contract recruiters after committing to hiring on a 'deliberate basis'

The recruiters, who are responsible for hiring new employees at the company, were told that the layoffs reflect changes to Apple's business needs. Though the move is unusual for the...

Housing Starts Crater In July As Bottom Falls Out Of The Market

Housing Starts Crater In July As Bottom Falls Out Of The Market Amid surging layoffs in the real estate market, a collapse in homebuilder sentiment, soaring mortgage rates and...

German manufacturers increasingly short of skilled workers

BERLIN - German manufacturers of machinery and equipment are increasingly short of skilled workers, a constraint that adds to the shortages in materials and intermediate goods that they are also...

Next Billion-Dollar Startups 2022

Forbes and TrueBridge Capital search for the country's 25 most likely to become unicorns. Of the 175 companies to make this list over the years, 116 have becomeunicorns. Just 5 imploded or shut...

Millennial Money: A scarcity money mindset can cost you

We all saw it at grocery stores in 2020. The shelves, once brimming with toilet paper and hand soap, were bare. We hid in our homes, deep-cleaning every surface, occasionally braving the threat of...

HBO Content Chief Casey Bloys Explains Restructure, Layoffs in Memo to Staffers

HBO/HBO Max chief content officer Casey Bloys sent a memo to employees this afternoon, explaining the decision by Warner Bros. Discovery to layoff 70 employees, or 14% of his workforce, as the comp…

Inevitable': Warner Bros. Discovery cuts 14% of HBO Max jobs amid restructuring efforts

The company eliminated approximately 70 jobs across Casey Bloys’ organization. No shows will be canceled as part of the job cuts, the report noted. The layoffs come after CEO David Zaslav...

Your Employees Are Concerned About Layoffs. Here's How You Can Start to Calm Their Fear

Your employees are concerned about layoffs, but you can communicate and lead in a way that eases their anxiety.

Layoffs Hit HBO Max: Casey Bloys Reshapes Leadership Structure

An estimated 70 staffers have been let go as Sarah Aubrey adds international but loses comedy oversight.

HBO Cuts About 70 Staffers as Parent Looks to Trim Costs

The layoffs, which amount to about 14% of the company’s workforce, are mostly at its HBO Max streaming service.

PA worker with cancer wrongfully fired over COVID risk, says EEOC

A Pennsylvania company must pay $184,000 after firing an employee who had cancer. "Employers have an obligation to make personnel decisions without regard to employees’ medical history," the...

HBO/HBO Max Layoffs Hit Max Reality, Acquisitions, Casting & Int’l; Amy Gravitt & Sarah Aubrey Get New Duties In Reorg

The dreaded post-merger Warner Bros Discovery layoffs have reached the programming operation overseen by HBO and HBO Max Chief Content Officer Casey Bloys. Overall, 14% of staff — about 70 pe…

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