Tag: Layoffs
Meta lays off employees across multiple teams
Multiple teams at Meta were hit by layoffs on Wednesday, the company confirmed in a statement to TechCrunch, noting these changes were made...
ByteDance lays off hundreds of TikTok employees in shift to AI content moderation
ByteDance’s TikTok is laying off hundreds of employees, mainly in Malaysia, according to Reuters. The cuts come as the social network is increasingly...
Kaspersky says it’s closing down its UK office and laying off dozens
Russian cybersecurity giant Kaspersky is shutting down its office in the United Kingdom and laying off its staff, just three months after the...
VC firm NFX laid off 4 employees and plans to hire more investors
Venture capital firm NFX laid off four employees in September as the firm looks to “rebalance” its resources from its software and product...
Security compliance unicorn Drata lays off 9% of its workforce
Drata, a security compliance automation platform that helps companies adhere to frameworks such as SOC 2 and GDPR, has laid off 9% of its workforce, amounting...
Northvolt lays off 1,600 workers, but it’s not the end for Europe’s battery champion
When is raising $14 billion not enough? When you’re a battery startup.
Northvolt, Europe’s attempt at building a competitor to Asia’s battery manufacturing powerhouses,...