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Tag: Layoffs

As Teacher Layoffs Loom, Research Evidence Mounts that Seniority Protections Hurt Kids in Poverty

June 10, 2024 No Comments Education , ,

Economists haven’t been able to conclusively prove that student achievement suffered more under LIFO layoffs than other ways of reducing the teacher workforce. But the evidence points in that direction for children in poverty and for Black and Hispanic students, according to two research briefs by separate groups of scholars that reviewed dozens of studies. [...]read moreAs Teacher Layoffs Loom, Research Evidence Mounts that Seniority Protections Hurt Kids in Poverty

Nike layoffs reach its European headquarters in the Netherlands

June 8, 2024 No Comments Business , , ,

By Bloomberg Published Jun 5, 2024 Nike Inc. has cut staff in its European headquarters as part of a multiyear cost-cutting plan at the world’s largest sportswear company, according to people familiar with the matter. Nike The Nike campus in the Netherlands — located in the city of Hilversum, just outside of Amsterdam, and known [...]read moreNike layoffs reach its European headquarters in the Netherlands

Tesla’s Supercharger layoffs couldn’t have come at a worse time

May 4, 2024 No Comments Technology , ,

Bounced emails. Stalled projects. Delayed adapters. These are the immediate effects of Tesla CEO Elon Musk’s “absolutely hard core” approach to cost cutting, which has resulted in at least 500 layoffs from the company’s Supercharger business, including the division’s top executive, Rebecca Tinucci. The timing couldn’t have been worse. Tesla was on the verge of making its [...]read moreTesla’s Supercharger layoffs couldn’t have come at a worse time

A comprehensive list of 2024 tech layoffs

May 4, 2024 No Comments Technology , , ,

The tech layoff wave is still going strong in 2024. Following significant workforce reductions in 2022 and 2023, this year has already seen 60,000 job cuts across 254 companies, according to independent layoffs tracker Layoffs.fyi. Companies like Tesla, Amazon, Google, TikTok, Snap and Microsoft have conducted sizable layoffs in the first months of 2024. Smaller-sized [...]read moreA comprehensive list of 2024 tech layoffs

Tesla layoffs, new safety mandates, and a bumper crop of V12s! | Autoblog Podcast #830

May 4, 2024 No Comments Auto , , ,

In this episode of the Autoblog Podcast, Editor-in-Chief Greg Migliore is joined by Associate Editor Byron Hurd for a gasoline-powered installment. They lead off by diving into the Tesla layoff news from this week before leaving electrification behind for a bit to talk about not one, but two production V12 unveilings. This isn’t a drill, folks; [...]read moreTesla layoffs, new safety mandates, and a bumper crop of V12s! | Autoblog Podcast #830

Peloton announces 400 layoffs, 15% of the workforce, as CEO Barry McCarthy departs

May 2, 2024 No Comments Technology , ,

Peloton, the exercise equipment maker and creator of online fitness classes, has announced that it’s laying off 15 percent of its workforce — 400 people — as CEO, president, and board director Barry McCarthy steps down after two years in the role. McCarthy was previously CFO at Spotify and Netflix, and was coerced out of [...]read morePeloton announces 400 layoffs, 15% of the workforce, as CEO Barry McCarthy departs

Horizon Call Of The Mountain Dev Hit With More Layoffs, Director Departs

May 2, 2024 No Comments Gaming , , ,

The developer of Horizon Call of the Mountain, Firesprite Studios, has laid of the game’s director, Alex Barnes. It’s unclear how many other developers aside from him were impacted by Firesprite’s latest redundancies. Barnes announced his departure on Twitter yesterday, saying that he had been let go from Firesprite after nearly seven years of working [...]read moreHorizon Call Of The Mountain Dev Hit With More Layoffs, Director Departs

Take-Two Reportedly Shutting Down Two Studios As Part Of Latest Layoffs – Report

May 2, 2024 3 Comments Gaming , , , ,

Take-Two Interactive is reportedly shutting down two of its studios: Roll7 and Intercept Games. The former is known for Rollerdrome and OlliOlli while the latter was working on Kerbal Space Program 2. According to Bloomberg, Take-Two will be offering severance agreements to the developers at Roll7. Additionally, since Intercept Games is based in Seattle, Washington, [...]read moreTake-Two Reportedly Shutting Down Two Studios As Part Of Latest Layoffs – Report

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May 2, 2024 No Comments Technology , , ,

The tech-wide reckoning that began in 2022 and ran throughout into 2023 has continued into this year. And while 2024’s losses are not at that scale, they’re still significant, driven by big names like Pixar, Google, Microsoft, Mozilla and TikTok. It remains to be seen if this year’s layoff trends follow last year’s, in which layoffs [...]read more–

A Tesla supplier says Elon Musk’s Supercharger layoffs were ‘a sharp kick in the pants’

May 2, 2024 No Comments Auto , , ,

Tesla has around 12,000 Supercharger stalls installed across the US.PATRICK T. FALLON/Getty Images Tesla is reportedly gutting its EV charging team, laying off around 500 employees. The news sent shockwaves through the industry, with one supplier calling it a “kick in the pants.” Tesla dominates EV charging in the US, with many of its rivals [...]read moreA Tesla supplier says Elon Musk’s Supercharger layoffs were ‘a sharp kick in the pants’