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RE: LeoThread 2024-11-04 21:34

in LeoFinance11 hours ago

Inuitive
Is cutting 20% of its workforce, affecting around 80 employees. Inuitive CEO Shlomo Gadot is also stepping down from the company.

Formlabs
Has laid off a “small number” of employees, the company exclusively confirmed to TechCrunch. The 3D printing firm says the cuts occurred over the past two years and impact 40 employees out of its less than 750-person staff.

Sonos
CEO Patrick Spence confirmed with TechCrunch the company cut 100 employees in a new layoff round, impacting 6% of Sonos’ workforce. Sonos previously reduced its headcount by 7% in 2023.

Cisco
Will reportedly eliminate thousands of jobs in another round of layoffs this year. The company previously laid off more than 4,000 employees in February 2024.