Lidar company Luminar reached a deal with Yorkville Advisors Global and another unnamed investor that could…
Tag: layoffs
Westpac to cut over 1,500 jobs in its biggest layoffs in a decade – AFR
Westpac to cut over 1,500 jobs in its biggest layoffs in a decade – AFR#Westpac #cut…
Luminar kicks off another round of layoffs amid CEO’s sudden resignation
Luminar, the lidar company founded by recently replaced CEO Austin Russell, is going through another restructuring,…
TechCrunch Week in Review: Coinbase gets hacked
Welcome back to Week in Review! We’ve got tons of news for you this week, including…
Programmers bore the brunt of Microsoft’s layoffs in its home state as AI writes up to 30% of its code
Coders were hit hardest among Microsoft’s 2,000-person layoff in its home state of Washington, Bloomberg reports.…
Match to lay off 13% of staff
Dating app giant Match Group is laying off 13% of its staff as part of a…
CrowdStrike says it will lay off 500 workers
Cybersecurity giant CrowdStrike said on Wednesday that it would lay off 5% of its global workforce,…
Layoffs hit General Fusion as the fusion power startup runs short on cash
General Fusion laid off at least 25% of its employees last week, just days after hitting…
Fintech Bench conducts layoff while others still work month-to-month
Bench, the accounting and tax startup that was bought in a fire sale last December, has…
US job openings fall in March; layoffs decline
US job openings fall in March; layoffs decline#job #openings #fall #March #layoffs #decline
Intel reportedly plans to lay off over 21,000 employees
Intel is set to cut over 21,000 people, or roughly 20% of its workforce, with an…
US appeals court allows layoffs, but not dismantling of consumer watchdog
US appeals court allows layoffs, but not dismantling of consumer watchdog#appeals #court #layoffs #dismantling #consumer #watchdog
GM cuts 500 jobs because of weak demand for BrightDrop electric vans
General Motors is laying off 500 workers at a factory in Canada because of weak demand…
Nio said to initiate new round of layoffs in European operations
Nio said to initiate new round of layoffs in European operations#Nio #initiate #layoffs #European #operations