lay offs
Fisker is laying off 15% of staff and says it needs more cash ahead of a ‘difficult year’
Electric vehicle startup Fisker is planning to lay off 15% of its workforce and says it likely does not have enough cash on hand to survive the next 12 months.…
Developer community site Stack Overflow has laid off 28% of its staff, the Prosus-owned company announced Monday. In a blog post, Stack Overflow’s CEO, Prashanth Chandrasekar indicated that the company…
Music streaming platform SoundCloud has laid off 8% of its staff according to multiple reports. The fresh round of job cuts comes after the company laid off 20% of its…
In a filing this week, connected speaker maker Sonos noted plans to cut 12% of its workforce, in addition to closing some of its smaller offices and its garish showroom…
VMware is acquiring network security firm Lastline, TechCrunch has learned. Since its launch in 2012, Lastline raised about $52.2 million, according to Crunchbase. Investors include Thomvest Ventures, which led the…
Rhapsody International today announced that it would be taking a “significant”, yet undisclosed, investment from Columbus Nova Technology Partners and Rhapsody president Jon Irwin will step down. Moreover, the company…
AOL CEO Tim Armstrong held another conference call for Patch employees today, and after what was likely the worst week to be working at the hyper-local news venture following the…
Layoffs at Waterloo-based smartphone industry pioneer BlackBerry cut deep last year, with around 5,000 employees being let go. Those cuts continue into 2013 as BlackBerry undergoes what CEO Thorsten Heins…
In line with RIM’s planned “cost optimization program,” the company is moving a number of executives into positions of greater power and will lay off 2,000 of its estimated 19,000…
Put two and two together people, and get WTF. Dell is laying off 700 of its 4,500 employees by June 2010 and now, for some odd reason, the Dell website…
Populist outrage in 3…2…1. IBM is laying off 5,000 U.S. employees and “building its work force in India and other locations,” according to the WSJ. Foreign workers now make up…
So the rumors were correct. Apple laid off 50 folks in enterprise sales. The rumors that it was a major lay-off were untrue and anything larger than about 50 would…
Rumors are coming out of Apple that corporate sales folks will be laid off today. Considering there are very few corporate offerings in the Apple portfolio, it’s not surprising they’re…
Today is a sad day for gadget lovers. Japanese toy maker Tomy is pulling the plug on the North American market. The company behind the i-Sobot, the Dustbot, the digi…
The poor bastard who got a tattoo of the motivational “Blue Monster” has been laid off. Blue Monster Man, Dan Woodman, writes: Working at Microsoft has been the greatest experience…
Palm is laying off an undetermined number of its 1,050 workers this week in an effort to stem the effects of the economy and Palm’s decreasing smartphone market share. While…