SparklyWalrus
SparklyWalrus

Zoom layoff 1300

Zoom layoffs 1300 or 15% employees on tuesday.

30mo ago
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FluffyNugget
FluffyNugget
Plivo30mo

Copied:

Highlights from TownHall CEO taking 98% pay cut Execs taking 20% pay cut

Severance: Up to 16 weeks’ salary and healthcare coverage

• Payment of your earned FY’23 annual bonus based on company performance

• RSU and stock option vesting for 6 months for US employees and through August

GroovyBoba
GroovyBoba

That's a pretty nice severance tbh.

SleepyNugget
SleepyNugget
Amazon30mo

Sometimes you wonder what a company that’s pure software with just one product was doing with 8K+ employees

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Curated from across
Layoffs
by CosmicTacoGrapevine

2024 Master Layoffs Tracker - Indian + Global

tl;dr

  1. Across the year, more than 149,000 employees in tech were laid off from January through November 2024 alone, with August 2024 seeing the highest single-month total exceeding 26,000 job cuts.
  2. Major global tech giants (...
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