Stack Overflow lays off 10% employees, CEO takes full ownership
The company said it is supporting the employees through the transition with severance packages, extensions of healthcare benefits, and outplacement services.
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The company said it is supporting the employees through the transition with severance packages, extensions of healthcare benefits, and outplacement services.
LinkedIn, a social media platform geared towards business professionals, announced on Monday that it will be eliminating 716 positions.
Shopify also announced that the American multinational corporation Flexport will buy Shopify Logistics.
Apart from slashing its staff, Cognizant will also be vacating 11 million square feet of office space.
Amazon's strong numbers and positive outlook for the next quarter came after the company cut more than 27,000 employees in the last several months in one of the biggest job culls in the industry.