The AI layoff wave is becoming a powder keg
Something strange is happening in tech right now. Companies are posting record profits and revenue while laying off tens of thousands of people, citing AI as the official explanation. So…
What ClickUp’s mass layoff tells us about the future of work
AI’s biggest champions have argued for some time that the technology will usher in an era of unprecedented productivity gains, richly rewarding workers who harness it while displacing those who…
Fintech Bench conducts layoff while others still work month-to-month
Bench, the accounting and tax startup that was bought in a fire sale last December, has conducted a round of significant layoffs, it confirmed to TechCrunch. Bench didn’t specify how…
Josh Emmett to be tested by unbeaten Lerone Murphy in return from layoff
April is chock full of top-tier featherweight action and it begins this weekend with Josh Emmett vs. Lerone Murphy serving as a Fight Night main event at the UFC Apex…
Jets’ Nikolaj Ehlers back on track after injury layoff
Ehlers’ goal and two assists were pivotal in Winnipeg’s 4-2 doubling of the visiting Ottawa Senators on Saturday in front of an announced 14,734 at Canada Life Centre. The highest-scoring…
Brave lays off 27 employees
Web browser and search startup Brave has laid off 27 employees across the different departments, TechCrunch has learned. The company confirmed the layoffs but didn’t give more details about the…
Cisco employees face a month of silence ahead of second layoff in 2024
After tech giant Cisco announced plans for its second round of layoffs this year, employees tell TechCrunch that they will not know if they are affected for close to a…
Sonos CEO Patrick Spence confirms 100-person layoff
Sonos has laid off 100 employees, 14 months after reducing its 1,800 headcount by 7%. The home audio company confirmed the news with TechCrunch, following an initial report by The…
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…
General Catalyst-backed Jasper Health lays off staff
Jasper Health, a cancer care platform startup, laid off a substantial part of its workforce, TechCrunch has learned. Engineering and product design were among the departments impacted by the cuts,…