Intel to lay off 15,000 employees
Intel announced it would layoff more than 15% of its staff, or 15,000 employees, in a memo to employees on Thursday. The massive headcount is part of a large plan…
Intel to layoff over 19,000 employees as CPU strategy shifts
Intel said Thursday that the company will lay off about 15 percent of its workforce, layoffs that were forced upon it by unused manufacturing capacity and charges associated with the…
Bungie employees say they were caught off-guard by 17% staff reduction
Bungie, the gaming company that created sci-fi hits such as Halo, Destiny, and Marathon, laid off 220 employees on Wednesday, roughly a 17% reduction to its workforce, the company announced…
Bethesda Game Studios employees form a ‘wall-to-wall’ union
Employees at Bethesda Game Studios — the Microsoft-owned game developer that produces the Elder Scrolls and Fallout franchises — are joining the Communication Workers of America. Quality assurance testers at…
Microsoft faces UK antitrust probe after hiring Inflection AI founders and employees
Microsoft is facing a full regulatory probe in the U.K. after the tech giant hired the core team behind Inflection AI, a U.S.-based OpenAI rival Microsoft had previously invested in.…
Kaspersky to shut down US operations, lay off employees after US government ban
Russian cybersecurity giant Kaspersky will lay off dozens of staff and leave the U.S. market following a U.S. government order in June banning the sale of the company’s software, citing…
‘Lawyer-in-the-loop’ startup Wordsmith wants to bring AI paralegals to all employees
Wordsmith, a fledgling Scottish legal tech startup, has somehow managed to attract the backing of two well-known venture capital firms. The startup targets in-house legal teams and law firms with…
Elon Musk and SpaceX sued by 8 former employees, alleging sexual harassment and retaliation
A group of engineers has filed a lawsuit against SpaceX and its founder, Elon Musk, accusing the company of illegal termination following their complaints about alleged sexual harassment and discrimination.…
Rippling bans former employees who work at competitors like Deel and Workday from its tender offer stock sale
Investor demand has been so strong for shares of hot HR startup Rippling – over $2 billion worth of term sheets, it says – that it is allowing former employees…
Diddy-Dirty Money Singer Says Failed Bad Boy Artists Are Disgruntled Employees
Diddy got blasted by dozens of ex-associates and colleagues in a bombshell report — but he’s still got at least one person in his camp … one of the singers…