KCAL-FM 96.7, a Redlands classic rock station, eliminated its entire on-air DJ roster on Aug. 1, shifting to an all-music…
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BitGo Cuts Nearly 15% of Workforce Days After Posting 112% Revenue Surge
BitGo will cut nearly 15% of its workforce, CEO Mike Belshe announced Thursday, citing a shift toward automation and AI-powered…
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Xbox Cuts 3,200 Jobs as Staff Describe Two-Minute Firing Calls
Xbox laid off 3,200 staff on July 6 after chief executive Asha Sharma announced a division reset, cutting 1,600 roles…
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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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Failed pancreatic cancer trials trigger 75 percent staff purge at FibroGen
FibroGen is cutting 127 jobs at its San Francisco headquarters, roughly 75 percent of its U.S. workforce, after two late-stage…
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$16B Okta slashes 180 jobs despite posting its first-ever profits
Okta just recorded its first profitable year in company history, yet it is still cutting 180 employees from its workforce…
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Visa axes six VPs and over 300 staff just before a $2.4 billion AI acquisition
Visa just laid off 300 employees, including six VPs, right as it prepares to drop $2.4 billion on an artificial…
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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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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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$1.2B Biotech Giant Slashes 40% of Workforce as Cash Dwindles
A single biotech firm once valued north of a billion dollars is cutting nearly half its staff in a scramble…
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