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Stack Overflow lays off 10% employees, CEO takes full ownership - Vimarsana News

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.

LinkedIn layoffs: Company plans to cut jobs from these departments, phase out China app - Vimarsana News

LinkedIn layoffs: Company plans to cut jobs from these departments, phase out China app

LinkedIn, a social media platform geared towards business professionals, announced on Monday that it will be eliminating 716 positions.

Shopify layoffs: Company plans to cut 2,000 jobs, know impacted employees severance package - Vimarsana News

Shopify layoffs: Company plans to cut 2,000 jobs, know impacted employees severance package

Shopify also announced that the American multinational corporation Flexport will buy Shopify Logistics.

Tech layoffs: Cognizant may fire 3,500 employees months after CEO's shocking exit - Vimarsana News

Tech layoffs: Cognizant may fire 3,500 employees months after CEO's shocking exit

Apart from slashing its staff, Cognizant will also be vacating 11 million square feet of office space.

Amazon Rakes in Massive Profits in First Quarter, Months After Cutting 27,000 Jobs - Vimarsana News

Amazon Rakes in Massive Profits in First Quarter, Months After Cutting 27,000 Jobs

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.

Source: ibtimes.sg