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RE: LeoThread 2024-11-04 21:34

in LeoFinance11 hours ago

Brilliant
Told The Verge it has laid off most of its staff and is no longer selling its smart home controllers and light switches as it looks for a buyer.

Enovix
Laid off roughly 170 workers, impacting a third of its total headcount, in an effort to cut back on annual operating costs.

Microsoft
Closed Arkane Austin, Tango Gameworks, and more game studios as part of cuts at Bethesda. It’s currently unclear how many employees will be impacted.

Cue Health
Is eliminating 230 employees, about 49% of its workforce, in a cost cutting measure laid out in documents filed with the U.S. SEC.

Luminar
Is slashing its workforce by 20%. The cuts will affect around 140 employees, and the company is also cutting ties with “the majority” of its contract workers.