Crozer Health, a four-hospital system based in Upland, Pennsylvania, recently announced the layoff of around 215 employees, equivalent to about 4% of its workforce. The system cited financial challenges as the reason for the layoffs, as it seeks to reduce duplication in administrative oversight and discontinue underutilized services. Crozer CEO Anthony “Tony” Esposito said in … Read more
Microsoft recently laid off its entire ethics and society team, a group dedicated to guiding AI innovation toward ethical and sustainable outcomes. The team was responsible for ensuring that Microsoft’s responsible AI principles were reflected in the design of its products that were shipped. The move has called into question the company’s commitment to ethical … Read more
This is the second round of layoffs for Meta in the past six months, with more than 11,000 employees being laid off in November 2022.
Gopuff, the rapid-delivery startup based in Philadelphia, has announced the layoff of over 100 employees in its operations department, which accounts for about 2% of its global workforce. The job cuts come as part of the company’s effort to reduce costs and return to profitability after years of expansion, according to co-founder Rafael Ilishayev. This … Read more
Morning Brew, a digital news outlet targeting millennials, is laying off 40 employees in a second round of layoffs since November 2021. CEO Austin Rief wrote in an internal note that the layoffs were part of a cost-cutting initiative to prepare the business for the next stage of growth in the volatile advertising market. Departing … Read more
Atlassian, an Australian software company, has laid off five percent of its global workforce, equivalent to around 350 employees. The company stated that it is refocusing on its cloud-based IT service management (ITSM) product, Jira Service Management. The layoffs will reportedly impact employees across all of Atlassian’s locations, including its Sydney headquarters and offices in … Read more
Airbnb, an online hospitality giant has laid off 30% of its recruiting staff, Bloomberg News reported. The cuts impacted 0.4% of Airbnb’s total workforce, which currently stands at 6,800 employees. This move comes as the company plans to increase its headcount this year. An Airbnb spokesperson stated, “We’ve become a leaner and more focused company … Read more
Embark Trucks, a self-driving truck technology company, has announced that it is laying off a significant portion of its workforce and exploring the liquidation of its self-driving truck assets. The move comes as the company faces financial challenges and struggles to secure additional funding. In a statement, the company said that it has been facing … Read more
Eat Just, a leading food technology company, has announced the launch of two new products as part of its ongoing mission to create sustainable, plant-based alternatives to conventional animal products. The company, which is best known for its plant-based egg substitute, has now expanded its product line to include a vegan mayonnaise and a vegan … Read more
Protego Trust, a cryptocurrency custody firm seeking to become a nationally chartered trust bank, has been forced to lay off most of its workforce due to financial difficulties. The company was looking to secure fresh funding, but has been unable to do so, according to a source familiar with the situation. The layoffs were first … Read more