Nexar, the AI computer vision company known for its crowd-sourced visual data, has undergone its third round of layoffs, resulting in the departure of 17 employees, equivalent to 14% of its workforce. This series of layoffs follows earlier staff reductions, with 25 employees leaving in November 2021 and another 12 in July 2023, amounting to … Read more
The Memphis Zoo has laid off employees as part of a reorganization in its Education department. The zoo has not disclosed the number of employees affected or provided details about the lay-offs. The changes are said to reduce the part-time component of the Exhibit Guide program and reorganize the Animal Interpretive Team to enhance efficiency … Read more
Expedia Group, based in Seattle, has informed an unspecified number of employees within its technology organization that their positions will be eliminated. This move is part of Expedia Group’s ongoing efforts to restructure its workforce and align its operations for future growth. The impacted employees belong to Expedia Group’s Traveler Products team, a component of … Read more
T-Mobile has unveiled its plan to trim its workforce by eliminating 401 positions in Bellevue, as disclosed in a filing with the Washington State Employment Security Department. This action is a facet of T-Mobile’s broader job reduction strategy announced last week, which aims to reduce its employee count by nearly 7% or 5,000 jobs. The … Read more
Zeplin, a software startup based in San Francisco, has carried out a workforce reduction by laying off approximately 35% of its employees, which amounts to 37 staff members, as confirmed by a former employee. Established in 2014, Zeplin provides a collaborative tool tailored for designers, engineers, and product managers. The company’s tool facilitates seamless collaboration … Read more
Seattle-based cloud automation and migration startup, SkyKick, has recently executed a workforce reduction that resulted in the layoff of 140 employees, with 98 of them located within the United States. SkyKick focuses on serving Information Technology Services Providers (ITSPs) engaged in assisting small and medium-sized businesses in managing their cloud infrastructure. This includes activities like … Read more
T-Mobile, a prominent player in the telecommunications industry, has undertaken a significant workforce reduction, affecting approximately 5,000 employees reported by Bloomberg. This move comes as the company seeks to balance its efforts to enhance coverage and offer competitive pricing to customers. While T-Mobile has been striving to outpace its carrier competitors, Verizon and AT&T, in … Read more
Prominent crypto media company CoinDesk has revealed significant changes, including a layoff of 45% of its editorial staff, as its parent company Digital Currency Group (DCG) explores a potential sale and seeks to bring on strategic investors. The layoffs, affecting primarily CoinDesk’s media team, were announced in an internal memo from CoinDesk CEO Kevin Worth. … Read more
Austin-based real estate development firm StoryBuilt is grappling with significant financial difficulties, resulting in the layoff of 137 employees and the appointment of an independent trustee to address its financial crisis. The recent layoffs follow a series of leadership changes and an earlier decision to furlough a substantial portion of its workforce. Once boasting a … Read more
Galera Therapeutics, a biotechnology company, has undertaken a significant restructuring effort after the U.S. Food and Drug Administration (FDA) rejected its avasopasem manganese treatment for radiotherapy-induced severe oral mucositis in patients with head and neck cancer. The rejection led to an 83% drop in Galera’s shares in after-hours trading. The FDA’s Complete Response Letter cited … Read more