workforce

Virgin Orbit Holdings to Cut Workforce by 85%
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Virgin Orbit fails to secure funding, will cease operations and lay off nearly entire workforce
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Virgin Orbit CEO Dan Hart gave employees an update in an all-hands meeting on Thursday, according to audio obtained by CNBC.

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Electronic Arts lays off 6% of workforce in cost-cutting push
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EV Startup Lucid Cuts 18% of Workforce, Including Some Executives
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Exxon workforce down by 1,000 people in 2022, third year of declines
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DocuSign to lay off 10% of its workforce, or about 700 employees
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E-signature software company DocuSign on Thursday announced plans to cut around 10% of its workforce.

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Roomba maker iRobot to lay off about 7% of its workforce
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The cuts come on top of a separate round of layoffs iRobot announced last year.

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Zoom to lay off 1,300 employees, or about 15% of its workforce
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Zoom on Tuesday announced plans to cut about 1,300 workers, or 15% of its workforce, according to a blog post shared to the company’s website.

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Lam Research to trim 7% of workforce, increase R&D spending as memory-chip crunch hits outlook
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Tax season starts with boosted IRS workforce, new technology as agency begins to deploy $80 billion in funding
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Tax season kicked off for individual filers on Monday with a bigger IRS customer service team and enhanced technology, according to Treasury officials.

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Silvergate Capital posts $1 billion net loss and will ‘substantively reduce’ its workforce, but stock gains
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'Green' offices in London are over 25% more expensive. But a modern workforce now expects it
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A sustainable office is at the top of many companies’ wish lists in light of net-zero targets, but price, scarcity and style can be barriers to relocating.

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Crypto.com lays off 20% of workforce after FTX collapse blunted ambitious growth
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Crypto.com cut head count by 20%, another blow to an industry and company that grew explosively in the crypto boom but was unable to weather FTX’s collapse.

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LendingClub cuts 14% workforce to pare costs
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Coinbase to slash 20% of workforce in second major round of job cuts
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CEO Brian Armstrong pointed to more pressure on the crypto sector thanks to “unscrupulous actors in the industry.”

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Crypto lender Genesis Trading lays off 30% of workforce
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Barry Silbert’s Genesis Trading reduced headcount by 30%, or 60 jobs, as the crypto lender fends off a potential bankruptcy filing after the collapse of FTX.

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Micron to Cut 10% of Workforce as Demand for Computer Chips Slumps
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Carvana cuts 8% of workforce on slowing used-car demand
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Exclusive-Apple supplier Foxconn plans to quadruple workforce at India plant-sources
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How the Twitter layoffs will impact the Bay Area tech workforce
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Twitter to lay off 25% of workforce in first round of job cuts – Washington Post
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