Amazon Conducts Fresh Layoffs, Affecting 100+ Employees from its Gaming Division
This affected workers from its gaming divisions, including Prime Gaming, Game Growth, and Amazon Game Studios in San Diego.
Source: techtimes.com
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Intel Cuts Pay Across Company To Preserve Costs
Intel is taking a less drastic approach to curb the effects of the tech industry downturn. Days after the chipmaker released disappointing fourth-quarter results that caused the company shares to decline, Intel executives will see pay reductions.
Source: itechpost.com
Roku Cuts 200 US Employees Due To Challenged Economy
Roku is laying off 200 employees due to economic decline, following other big tech companies. Following the mass layoffs of staff by companies in Silicon Valley, Roku has announced that it is cutting its employees by 200, affecting around 7% of its workforce.
Source: itechpost.com
Amazon Freezes Corporate Hiring Through the Rest of 2022
Amazon will not be hiring new employees until 2023. Amazon is taking a break from corporate hiring for through the remainder of 2022 in its retail businesses due to a rough economic forecast.
Source: itechpost.com
Tesla's Cyberquad ATV for Kids Gets Recalled Over Safety Concerns; Customers Get Refund
Tesla's Cyberquad for kids isn't as safe as the company thought it is. Tesla's All-Terrian Vehicle (ATV) for kids is deemed unsafe to ride and use.
Source: itechpost.com