Category: layoffs

Business HTC layoffs Smartphones Tech

HTC lays off nearly a quarter of its entire workforce

sudshr47 July 2, 2018

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Smartphone maker HTC is laying off 22 percent of its entire workforce. 

The company has seen a string of terrible quarterly results as the business has been battling poor sales and undergoing reorganization efforts in an attempt to return to profitability.

According to Reuters, around 1,500 workers from HTC’s Taiwan manufacturing division will lose their jobs. These layoffs are in addition to to earlier layoffs at the company’s U.S. offices as part of part of a restructuring that combined its smartphone and VR divisions. Also, earlier this year, separate from the layoffs, HTC sold its smartphone design team to Google for $1.1 billion. The smartphone manufacturer employed 6,450 people as of June. Read more…

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Automotive Elon Musk layoffs Personnel Tesla Transportation

Tesla lays off roughly nine percent of workforce

sudshr47 June 12, 2018

Tesla has laid off about nine percent of its employees, Electrek first reported. This is part of the reorganization Musk talked about in May on the company’s quarterly earnings call. The layoffs reportedly started on Monday and will be made official at some point today. Tesla, which also operates SolarCity, is only laying off salaried employees. […]

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Food layoffs munchery on-demand

Munchery shuts down operations in LA, New York and Seattle

sudshr47 May 12, 2018

Munchery, the on-demand food delivery startup, has shut down its operations in Los Angeles, New York and Seattle, the company announced on its blog today. That means the teams from those cities are also being let go. “We recognize the impact this will have on the members of our team in those regions,” Munchery CEO […]

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Gaming layoffs Personnel Twitch

Twitch lays off some employees as part of ‘team adjustments’

sudshr47 March 30, 2018

Twitch, the Amazon-owned live-streaming platform for gaming, laid off “several” people yesterday, Polygon first reported. It’s not clear how many people were let go, but according to Polygon, probably no more than 30 people. Twitch has since confirmed the layoffs to TechCrunch. “Coming off the record-setting numbers shared in our 2017 Retrospective, Twitch is continuing […]

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bike share layoffs PACE Personnel Transportation zagster

Layoffs at bike-share startup Zagster following $15 million raise

sudshr47 March 21, 2018

Zagster, the bike-share startup that raised a $15 million round last month, has laid off some employees, TechCrunch has learned. Zagster has since confirmed the layoffs, but has yet to comment on the number of those affected. “Coming off the heels of our recent financing, we’ve re-structured to accelerate expansion of Pace, with a heavier […]

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Apps finance instagram layoffs Mobile Snap TC

Snap is reportedly laying off around 100 employees

sudshr47 March 7, 2018

 Snap is laying off around 100 employees that are part of its engineering staff, according to multiple reports from CNBC and Cheddar. The company expects to lay off as much as 100 people in the engineering department, according to those reports. It’s another sign of potentially re-aligning efforts as it looks to remake itself into something that’s differentiated from products… Read More

View More Snap is reportedly laying off around 100 employees
Akamai CDN cloud Enterprise layoffs Personnel TC

Akamai has laid off 400 workers or 5 percent of global workforce

sudshr47 February 7, 2018

 Akamai, the Cambridge Massachusetts content delivery network and network services provider, announced they had laid off 400 people in their earnings call with analysts yesterday. On the call, Akamai CEO Tom Leighton indicated that the 400 people represented 5 percent of the the company’s 8000 worldwide workforce. “As part of our effort to improve operational efficiency, we… Read More

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layoffs Media Music Streaming Pandora Personnel TC

Pandora is laying off about 5 percent of workforce

sudshr47 January 31, 2018

 Streaming music service Pandora is laying off about five percent of its employee base and taking “other cost-saving measures” in an attempt to save about $45 million annually. According to Pandora’s 8-K filing, employees were notified today of the plan and the company expects the staff reduction to be complete by the end of Q1 2018. Read More

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bluetooth gps device tracking Gadgets layoffs Personnel TC trackr

TrackR lays off staff, sources say 42 in total, in ongoing market contraction

sudshr47 January 30, 2018

 It’s crunch time for TrackR, that startup that lets you use an app to find items like keys, wallets and bags that have been tagged with its small Bluetooth-based tracking devices. TechCrunch has learned and confirmed that the company has laid off a substantial proportion of its staff, as it seeks to sharpen its focus amid a wider market contraction for item-tracking businesses. The… Read More

View More TrackR lays off staff, sources say 42 in total, in ongoing market contraction