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RE: LeoThread 2024-11-04 21:34

in LeoFinance11 hours ago

Sony
Is laying off 900 employees from its PlayStation unit, affecting 8% of the division’s workforce. Insomniac Games, Naughty Dog, Guerrilla and Firesprite studios will also be impacted.

Expedia
Will reportedly cut 1,500 roles in 2024, primarily in its Product & Technology division, accounting for more than 8% of the company’s workforce.

Finder
Eliminated roughly 60 employees, or 17% of its workforce. It’s the financial startup’s third major layoff round in the past 12 months.

Rivian
Is laying off 10% of its salaried workforce in a bid to cut costs in an increasingly tough market for EVs.

Meati Foods
Will lay off 13% of its workforce as it works to “build a financially sustainable business,” CEO Phil Graves told TechCrunch exclusively.

Cisco
Announced it will eliminate 5% of its employees, impacting more than 4,000 people.