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Peloton, Calm and LinkedIn Add to Growing List of Tech Layoffs.

Authors :
Paris, Martine
Source :
Bloomberg.com; 8/15/2022, p1-1, 1p
Publication Year :
2022

Abstract

TechCrunch reported that the company laid off another 7% on July 18 and said a leaked plan showed it was seeking to cut a total of 15%, bringing it from 950 employees to 800 employees. Keywords: 0115249DGR; 1410917D; AAPL; AMZN; COIN; CRM; CVNA; GOOGL; HOOD; LYFT; META; MSFT; PTON; RDFN; RIVN; SHOP@CN; SPOT; U; VMEO; W; AUTOMOTIVE; BUSINESS; CONS; CONSD; COS; CPR; DIGITALCUR; FIN; INDUSTRIES; INTERNET; NORTHAM; SOF; TEC; TECSVC; TMT; US; WORLD EN 0115249DGR 1410917D AAPL AMZN COIN CRM CVNA GOOGL HOOD LYFT META MSFT PTON RDFN RIVN SHOP@CN SPOT U VMEO W AUTOMOTIVE BUSINESS CONS CONSD COS CPR DIGITALCUR FIN INDUSTRIES INTERNET NORTHAM SOF TEC TECSVC TMT US WORLD After years of bulking up, the industry is bracing for recession. Shopify Inc., an e-commerce platform, is laying off 1,000 employees, 10% of its workforce, CEO Tobi Lutke said in a letter to employees on July 26. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
158535156