Meta Platforms led Silicon Valley compensation with a median pay of $296,320 in 2022, even as tech layoffs mounted. Alphabet…
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Indeed Eliminates 87 Foster City Jobs in Sweeping 1,000-Worker Restructuring
Indeed will lay off roughly 1,000 workers, including 87 at its Foster City office, according to a WARN notice filed…
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Airtable slashes 237 jobs despite $11 billion valuation and cash reserves
Airtable is laying off 237 employees, its second major workforce reduction in under a year, as the San Francisco software…
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Robotaxi firm Cruise cuts 535 California jobs after pedestrian-dragging crash fallout
Cruise is cutting 900 jobs, nearly a quarter of its workforce, including 535 positions across California. The San Francisco robotaxi…
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Instacart cuts 250 jobs while announcing a $500 million stock buyback
Instacart is cutting 250 jobs, about 7% of its workforce, as it shifts focus toward advertising and strategic initiatives. The…
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Salesforce’s new AI agents could trigger widespread customer service layoffs
Salesforce debuted Agentforce at its Dreamforce conference in San Francisco, unveiling autonomous AI bots for sales, service, and marketing. The…
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Tech Layoffs Hit 33,281 in October, Worst Month Since 2003
Tech layoffs surged to 33,281 in October, a nearly sixfold jump from September’s 5,639, according to Challenger, Gray & Christmas.…
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Volkswagen weighs factory closures while 100,000 German jobs hang in balance
Volkswagen leadership is visiting German plants most at risk of closure as roughly 100,000 jobs face uncertainty. Executives argue deep…
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Upwork posts $28M profit while axing 21% of workforce
Upwork announced a 21% workforce reduction, about 160 jobs, despite a $28 million quarterly profit on $194 million in revenue.…
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T-Mobile slashes 77 Washington jobs as seven retail stores close permanently
T-Mobile is eliminating 77 positions across Washington state between Sept. 21 and Nov. 18, permanently closing seven retail stores. The…
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