Collaborate Disseminate
SecurityWeek examines how a layoff-induced influx of experienced professionals into the job seeker market is affecting or might affect, the skills gap and recruitment in cybersecurity.
The post The Effect of Cybersecurity Layoffs on Cybersecurity Recruitment appeared first on SecurityWeek.
Continue reading The Effect of Cybersecurity Layoffs on Cybersecurity Recruitment
The tech giant is the latest to make workforce cuts on the heels of similar announcements in recent months by Amazon, Meta, Cisco, Salesforce and Twitter.
The post Microsoft will lay off 10,000 employees appeared first on TechRepublic.
Continue reading Microsoft will lay off 10,000 employees
With the latest downturn in the tech industry, analysts urge for rightsizing rather than laying off IT staff.
The post Fix tech staffing with rightsizing, not layoffs appeared first on TechRepublic.
Continue reading Fix tech staffing with rightsizing, not layoffs
As IBM makes a broad shift in strategy, Bloomberg reported this morning that the company would be cutting around 10,000 jobs in Europe. This comes on the heels of last month’s announcement that the organization will be spinning out its infrastructure services business next year. While IBM wouldn’t confirm the layoffs, a spokesperson suggested there […] Continue reading As IBM shifts to hybrid cloud, reports have them laying off 10,000 in EU
In a case of bizarre timing, Salesforce announced it was laying off 1000 employees at the end of last month just a day after announcing a monster quarter with over $5 billion in revenue, putting the company on a $20 billion revenue run rate for the first time. The juxtaposition was hard to miss. Earlier […] Continue reading Salesforce announces 12,000 new jobs in the next year just weeks after laying off 1000
In what felt like strange timing, Salesforce has confirmed a report in yesterday’s Wall Street Journal that it was laying off around 1000 people or approximately 1.9% of the company’s 54,000 strong workforce. This news came in spite of the company reporting a monster quarter on Tuesday in which it passed $5 billion in quarterly […] Continue reading Salesforce confirms it’s laying off around 1000 people in spite of monster quarter
IBM confirmed reports from over night that it is conducting layoffs, but wouldn’t provide details related to location, departments or number of employees involved. The company framed it in terms of replacing people with more needed skills as it tries to regroup under new CEO Arvind Krishna. “IBM’s work in a highly competitive marketplace requires […] Continue reading IBM confirms layoffs are happening, but won’t provide details
Another startup has turned to downsizing and fund raising to help weather the uncertainty around the economy amid the global coronavirus health pandemic. People.ai, a predictive sales startup backed by Andreessen Horowitz, Iconic, Lightspeed and other investors and last year valued at around $500 million, has laid off around 30 people, working out to about […] Continue reading Sales startup People.ai lays off 18% of staff, raises debt round amid COVID-19 uncertainty
The coronavirus demand crunch has taken another bite: Palo Alto-based corporate travel-focused unicorn, TripActions, reportedly laid off hundreds of staff yesterday. Per this post on Blind — written by someone with a verified TripActions email address — the company fired 350 people. Business Insider reported the same figure yesterday. While the Wall Street Journal said […] Continue reading TripActions reportedly lays off hundreds amid COVID-19 travel freeze
Fearing weak fundraising options in the wake of the WeWork implosion, late stage startups are tightening their belts. The latest is another Softbank-funded company, joining Zume Pizza (80% of staff laid off), Wag (80%+), Fair (40%), Getaround (25%), Rappi (6%), and Oyo (5%) that have all cut staff to slow their burn rate and reduce […] Continue reading Layoffs hit another Softbank co as $3.2B Flexport cuts 50