Daniel Ek said Spotify underestimated the impact of laying off 1,500 people in December."It took us some time to find our footing," Ek told investors in an earnings call.The streaming…
Several teams across Google's finance and real estate units have been affected, according to two current employees, who said staff had been informed of the cuts this week. One said…
Tesla is the latest major company to lay off employees.The company is eliminating "more than 10%" of staff globally, according to an internal memo sent by Elon Musk on Sunday,…
Amazon is laying off hundreds of employees in its cloud division, emails obtained by BI show. These cuts follow Amazon's elimination of about 160 advertising roles last week.This downsizing comes after…