Tag: layoffs
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Nike layoffs to affect 2% of athletic apparel giant’s workforce
Job cuts were expected to start on the apparel and shoe brand Nike on Friday, following a Thursday announcement and circulated memo. The Nike...
Instacart declares layoffs, revenue growth on same day
Maplebear Inc., the corporate that does business as Instacart, announced that its board of directors approved workforce layoffs, in line with a Feb. 9...
Tech layoffs scale to three-quarter high
In its most recent quarter, Microsoft reported $62 billion value of revenue, $27 billion value of operating income, and $21.9 billion value of net...
Meta’s AI shift and thoughts on this week’s massive layoffs
With the brand new 12 months in full swing, the mission for theCUBE Research industry analysts John Furrier (pictured, left) and Dave Vellante (right)...
Epic Games Announces Significant Layoffs
Epic Games, the creator of Fortnite, has recently laid off approximately 900 employees, constituting about 16% of its workforce. This major restructuring comes as...
