After laying off over 1,000 workers across divisions last week and cutting 100 jobs at YouTube, Google CEO Sundar Pichai sent a memo to its staff warning more […]
YouTube to eliminate 100 employees as layoffs at Google continue
Yet another series of layoffs has hit Google, this time at its video-sharing platform, YouTube. The company will eliminate 100 employees, a spokesperson confirmed to TechCrunch. Last week, […]
Instagram cuts 60 jobs, eliminating a layer of management at the company
Instagram has cut 60 technical program manager positions, eliminating a layer of management at the company, according to a new report from The Information. The impacted employees have […]
Google cuts hundreds of jobs in its voice assistance, hardware teams as Fitbit founders leave
Google laid off hundreds of employees across multiple divisions including engineering and services late Wednesday. The affected divisions include voice-activated Google Assistant as part of the knowledge and […]
Duolingo cut 10% of its contractor workforce as the company embraces AI
Duolingo is the latest company to cite AI as a reason for job cuts. The company confirmed it cut around 10% of its contractor workforce at the end […]
Duolingo turns to AI to generate content, cuts 10 percent of its contractors
Educational app company Duolingo has let go of 10 percent of its contractors, using generative AI to do their work instead.
2023 showed cybersecurity isn’t immune from brutal layoffs
Despite a rise in cyberattacks and breaches, the cybersecurity industry is by no means exempt from the uncertainty inspired by the current economy. 2023 will likely be remembered […]
Fintech’s wild ride in 2023
Welcome back to The Interchange, where we take a look at the hottest fintech news of the previous week. If you want to receive The Interchange directly in your […]
Spotify cuts 17% jobs amid rising capital costs
Spotify is eliminating about 17% jobs, its third round of layoffs this year, as the music streaming looks to become “both productive and efficient.” In a note to […]