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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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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Broadcom CEO Scraps Remote Work After $69 Billion VMware Takeover
Broadcom has confirmed 1,267 layoffs at VMware’s Palo Alto operations, with terminations set for January 26, 2024, following its $69…
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Chegg slashes 441 jobs as ChatGPT decimates its homework empire
Chegg is laying off 441 employees, nearly 25% of its workforce, as the education technology company struggles against free AI…
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EA Cuts 600 Jobs Despite $1 Billion Profit
Electronic Arts is cutting roughly 5% of its workforce, impacting at least 600 employees, CEO Andrew Wilson announced Wednesday. The…
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Gilead slashes 104 Bay Area jobs, axing six vice presidents
Gilead Sciences is eliminating 104 positions at its Foster City headquarters, including five vice presidents and a senior vice president,…
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SunPower’s collapse threatens 290 California jobs as solar pioneer nears bankruptcy
A solar industry pioneer is on the verge of bankruptcy, putting 290 California workers at risk. SunPower's financial unraveling signals…
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Lucid Slashes Entire Arizona Production Shift and COO Role After $15.6 Billion Deficit
Lucid just eliminated an entire production shift and dissolved its COO position following staggering financial losses in the billions. The…
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Smartphone Slump Forces Qualcomm to Ax 1,250 Workers Including Senior Executives
Qualcomm is shedding 1,250 jobs, and this time the cuts are climbing all the way into the executive ranks. The…
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Biotech Firm Once Valued at $3 Billion Slashes 30% of Workforce to Stay Afloat
A biotech unicorn is eliminating nearly a third of its staff just to keep the lights on. The layoffs signal…
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