Category Archives: layoffs

Cloud services provider DigitalOcean is laying off staff, sources say 30-50 affected

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After appointing a new CEO and CFO last summer, cloud infrastructure provider DigitalOcean is embarking on a wider reorganisation: the startup has announced a round of layoffs, with potentially between 30 and 50 people affected. DigitalOcean has confirmed the news with the following statement: “DigitalOcean recently announced a restructuring to better align its teams to its […] Continue reading Cloud services provider DigitalOcean is laying off staff, sources say 30-50 affected→

Atrium lays off lawyers, explains pivot to legal tech

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$75 million-funded legal services startup Atrium doesn’t want to be the next company to implode as the tech industry tightens its belt and businesses chase margins instead of growth via unsustainable economics. That’s why Atrium is laying off most of its   in-house lawyers. Now, Atrium will focus on its software for startups navigating fundraising, hiring, […] Continue reading Atrium lays off lawyers, explains pivot to legal tech→

Rackspace announces it has laid off 200 workers

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Rackspace, the hosted private cloud vendor, let go around 200 workers or 3 percent of its worldwide workforce of 6600 employees this week. The company says that it’s part of a recalibration where it is trying to find workers who are better suited to their current business approach. A Rackspace spokesperson told TechCrunch that it […] Continue reading Rackspace announces it has laid off 200 workers→

Akamai has laid off 400 workers or 5 percent of global workforce

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 Akamai, the Cambridge Massachusetts content delivery network and network services provider, announced they had laid off 400 people in their earnings call with analysts yesterday. On the call, Akamai CEO Tom Leighton indicated that the 400 people … Continue reading Akamai has laid off 400 workers or 5 percent of global workforce→

Developer community Stack Overflow lays off reportedly 20% of staff as it refocusses business

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 Some changes are underway at Stack Overflow, the online community where some 50 million developers and others converge to talk programming and many other things. TechCrunch has learned and confirmed that the startup has conducted a substantial number of layoffs across the company as it looks to steer the business more towards its core Q&A products and away from areas that were seeing… Read More Continue reading Developer community Stack Overflow lays off reportedly 20% of staff as it refocusses business→

Microsoft experiences the triumph and tragedy of transformation

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Satya Nadella When long-time Microsoft COO Kevin Turner left the company last year, it marked a key turning point in the Satya Nadella era. Turner’s exit enabled Nadella to start putting his own stamp on the company, and the layoffs, strategy shifts and personnel changes we’ve seen recently are a reflection of that. Read More Continue reading Microsoft experiences the triumph and tragedy of transformation→