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layoffs

A recession may still be in the forecast. How you can prepare

by Adrian Jhonsan
A recession may still be in the forecast. How you can prepare

Shoppers along the Magnificent Mile shopping district in Chicago on Aug. 15, 2023. Jamie Kelter Davis | Bloomberg | Getty Images A recession has been in the forecast for much …

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Categories World

Fortnite: Fortnite maker Epic Games is laying off 830 employees

by Ev Richard
Fortnite: Fortnite maker Epic Games is laying off 830 employees

Epic Games, the maker of Fortnite, has announced that it is laying off 16% of its workforce, which would impact around 870 employees, in an effort to stabilise financials.“For a …

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Categories Technology

Epic Games is eliminating 16% of its workforce and selling Bandcamp

by Adrian Jhonsan
Epic Games is eliminating 16% of its workforce and selling Bandcamp

Epic Games CEO Tim Sweeney speaks onstage during Samsung Unpacked New York City at the Barclays Center in Brooklyn, New York, on Aug. 9, 2018. Mike Coppola | Getty Images …

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Categories World

Job Cuts: Google is cutting more jobs, here’s what VP told employees in video meeting

by Ev Richard
Job Cuts: Google is cutting more jobs, here’s what VP told employees in video meeting

Google is reportedly cutting hundreds of jobs at its global recruiting organisation. The latest round of job cuts at the company are part of a broader pullback in hiring over …

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Categories Technology

‘Companies are daring employees to quit’

by Adrian Jhonsan
‘Companies are daring employees to quit’

The return-to-office debate sees no end in sight as companies grapple with mandates and the employee backlash that follows.   While a whopping 90% of companies plan to implement return-to-office policies …

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Categories World

Flexport CEO Ryan Petersen rescinds hiring offers, cuts office space

by Ev Richard
Flexport CEO Ryan Petersen rescinds hiring offers, cuts office space

Ryan Petersen, chief executive officer of Flexport, participates in a panel discussion during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Wednesday, May 4, 2022. Bloomberg | …

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Categories Technology

Roku to lay off 10% of workforce, stock jumps

by Adrian Jhonsan
Roku to lay off 10% of workforce, stock jumps

Roku products arranged in Hastings-On-Hudson, New York, July 25, 2023. Tiffany Hagler-Geard | Bloomberg | Getty Images Roku said it will lay off 10% of its workforce, or about 360 …

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Categories World

Recession indicator may be ‘broken odometer’ for economy, says expert

by Adrian Jhonsan
Recession indicator may be ‘broken odometer’ for economy, says expert

Westend61 | Westend61 | Getty Images Experts have been pointing to a coming downturn for the U.S. economy. The question was when. Now, however, some firms and experts are walking …

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Categories World

How to get a flexible work schedule amid a return to office push

by Adrian Jhonsan
How to get a flexible work schedule amid a return to office push

Morsa Images | Digitalvision | Getty Images Most workers are hoping that flexible Covid-era work policies will stay in place. A new survey from Bankrate found 89% of full-time workers, …

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Categories World

T-Mobile laying off 5,000 employees

by Ev Richard
T-Mobile laying off 5,000 employees

T-Mobile plans to lay off close to 5,000 employees, about 7 percent of its workforce, by the end of September, the company’s president and CEO said in an email to …

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Categories Technology
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