Marketwatch First Take Meta Cuts More Jobs in Latest Tech Layoffs
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Layoffs in 2024: A List of Companies Cutting Jobs This Year
The layoffs are expected to be smaller and more targeted than those in 2023.The Wall Street Journal - Business -
Citi’s Jane Fraser tells employees to ‘believe’ while suggesting more job cuts
Fraser said that in the coming weeks, “this final phase of changes will affect the largest number of colleagues at any point during the reorganization.”MarketWatch - Business -
Ericsson will cut 1,200 jobs in Sweden
Ericsson announced on Monday that it will lay off about 1,200 employees in Sweden as the telecommunications company faces slowed demand for its 5G equipment.CNBC - Business -
Walgreens to cut costs by $1 billion this year, with layoffs and store updates
Walgreens’ stock seesawed around the flatline Thursday, after the drugstore chain swung to a large quarterly net loss and trimmed its full-year outlook, but also reported the biggest beat for quarterly adjusted profit in at least five years.MarketWatch - Business -
Bank of England policymaker says markets pricing in too many rate cuts; Co-op Bank to cut 400 jobs – business live
Catherine Mann says market pricing is helping the central bank do its work in bringing borrowing rates down. The pound has risen since her comments, up 0.2% to $1.2661.. Bank of England policymaker Catherine Mann said financial markets are pricing ...The Guardian - World -
GameStop Confirms More Layoffs, Share Price Tumbles After Sales Slide
GameStop has published its latest earnings briefing, and as part of it, the video game retailer said it was cutting an unspecified number of jobs, according to Reuters.. These layoffs could be part of the previously announced plan to close a ...GameSpot - Tech -
GDC 2024: The state of the gaming industry, from layoffs to the metaverse and more
VB LAB INSIGHTS: Presented by Xsolla Live on the show floor of GDC 2024, GamesBeat lead writer Dean Takahashi took the temperature of the game industry in a conversation with Xsolla’s president David Stelzer and Chris Hewish, chief strategy ...VentureBeat - Tech -
Meta, Google, Apple face EU probes over new tech regulations
The European Union launched investigations into Meta, Google and Apple to review if the three U.S.-based tech giants’ recently announced measures comply with the EU’s new tech regulations, the European Commission announced Monday. The ...The Hill - Politics -
The EU Targets Apple, Meta, and Alphabet for Investigations Under New Tech Law
The probes are the first to take place under Europe’s landmark Digital Markets Act—and add to Apple’s mounting antitrust woes.Wired - Tech - European Union -
Hot AI Job Market Means Meta Is Offering Jobs Without Interviews, Zuck Emailing Candidates Himself
If you have the latest in-demand tech skill set, Meta likes you. Really, really, likes you.Inc. - Business -
Canada Goose to cut 17% of its corporate workforce, following string of retail layoffs
Canada Goose said Tuesday that it will cut about 17% of its corporate workforce as consumers continue to pull back on discretionary spending.CNBC - Business -
Kenny Brooks leaves Virginia Tech for Kentucky job in stunning end of era
Within a couple of weeks, Virginia Tech's Final Four hopes dropped because of Elizabeth Kitley's injury and Brooks exited for the SEC.Yahoo Sports - Sports -
Scientists working on AI tech to match dogs to jobs and owners
Researchers in London are developing an AI tool to sort dogs into 5 categories, in a bid to match pooches with their perfect owners.CBS News - World -
Big Tech's Latest Obsession Is Finding Enough Energy
The AI boom is fueling an insatiable appetite for electricity, which is creating risks to the grid and the transition to cleaner energy sources.The Wall Street Journal - Tech -
The Risk and Reward of Taking the Unsexiest Job at a Sex Company
Adult-entertainment companies need white-collar professionals, but pivoting to a “normal”job later can be a challenge when your résumé is risqué.The Wall Street Journal - World -
California Restaurants Cut Jobs as Fast-Food Wages Set to Rise
Chains lay off workers and shave hours ahead of a state minimum-wage increase; California fast food workers will earn $20 an hour starting in April.The Wall Street Journal - World - California -
Ericsson to Cut 1,200 Jobs in Sweden Due to Lower Volumes
The Swedish telecommunications-equipment company said it expects a challenging mobile networks market in 2024, with further volume contraction as customers remain cautious.The Wall Street Journal - World -
Ericsson to Cut 1,200 Jobs in Sweden Due to Lower Volumes
The Swedish telecommunications-equipment company said it expects a challenging mobile networks market in 2024, with further volume contraction as customers remain cautious.The Wall Street Journal - Business -
California Restaurants Cut Jobs as Fast-Food Wages Set to Rise
Chains lay off workers and shave hours ahead of a state minimum-wage increase; California fast food workers will earn $20 an hour starting in April.The Wall Street Journal - Business - California -
Vodafone Germany cutting 2,000 jobs as part of savings programme
Yahoo News - World -
They Chose to Take a Pay Cut---and Say They're Happier
Switching to a job with a lower salary often means trimming your expenses, but it can come with a raise in free time and work-life balance.The Wall Street Journal - World -
E.U. Takes Aim at Alphabet, Apple and Meta in Wide-Ranging Investigations
The inquiries signal the bloc’s intention to tightly enforce sweeping new competition rules that took effect this month.The New York Times - Business - Apple -
EU launches probe into Meta, Apple and Alphabet under sweeping new tech law
The EU's probes into Apple, Alphabet and Meta are under the Digital Markets Act and focuses on the practices carried out by these tech giants on their services.CNBC - Business - European Union -
EU investigates Apple, Meta and Google owner Alphabet under new tech law
Technology groups face hefty fines if they are found guilty of breaching Digital Markets Act. Business live – latest updatesApple, Google’s parent company and Meta are being investigated by the EU for potential breaches of the bloc’s new laws ...The Guardian - World - Google -
E.U. launches probes into Meta, Apple and Alphabet under sweeping new tech law
The European Union on Monday began investigations into Apple, Alphabet and Meta, in its first probe under the sweeping new Digital Markets Act tech legislation.NBC News - Top stories - Apple -
AI Will Take 10 Percent of Jobs. What About the Other 90 Percent?
Do the valuable jobs that AI chatbots do poorly.Inc. - Business -
Ericsson will cut around 1,200 jobs in Sweden as the telecom-equipment company adjusts to a lower-volume environment.
Ericsson will cut around 1,200 jobs in Sweden as the telecom-equipment company adjusts to a lower-volume environment.The Wall Street Journal - World -
AI ‘apocalypse’ could take away almost 8m jobs in UK, says report
Women, younger workers and lower paid are at most risk from artificial intelligence, says IPPR thinktank. Almost 8 million UK jobs could be lost to artificial intelligence in a “jobs apocalypse”, according to a report warning that women, younger ...The Guardian - World - Artificial Intelligence -
Want to Know if AI Will Take Your Job? I Tried Using It to Replace Myself
The “Cognitive Revolution” will automate tasks done by hundreds of millions of workers. The best way to understand which of us will go first is direct experience with AI.The Wall Street Journal - Tech -
Salary Surge: In-Person Jobs Are Paying Almost 40 Percent More Than Last Year
New data shows that salaries for in-person roles are growing as employers try to compete with hybrid and remote offerings.Inc. - Business -
San Francisco’s performing arts scene takes on our love-hate relationship with tech
Recent productions of ‘Mere Mortals’ and ‘Big Data’ reflect the unease we feel with emerging technologyMarketWatch - Business -
Thailand Takes First Step to Legalize Casinos to Aid Economy
Yahoo News - World -
46 Years Ago, Steve Jobs's Nervousness Before His First TV Interview Proves Even Geniuses Have to Start Somewhere
Just as Steve Jobs wasn't always Steve Jobs, you aren't the person you will someday become.Inc. - Business -
Gambia lawmakers refer a repeal of the ban on female genital cutting to more committee discussions
Lawmakers in Gambia have referred a repeal of the 2015 ban on female genital cutting for further committee discussionsABC News - Health -
Troubled EV maker Fisker to cut some car prices by more than 30% to boost demand
Fisker Inc.’s stock got a slight reprieve Thursday after the troubled electric-vehicle maker announced large price cuts in an attempt to boost demand for its cars.MarketWatch - Business -
Blockbuster M&A deals more than double in first quarter
Dealmaking drought left behind as first-quarter transaction values rise 30% with European market standing outFinancial Times - Business -
Black Crowes release new music for the first time in more than a decade
“Happiness Bastards” is the first new studio album in 15 years for the Black Crowes, made up of brothers Chris and Rich Robinson. The duo, who broke up in 2015, got back together in 2020 to celebrate the 30th anniversary of their debut album.CBS News - Entertainment -
First-Time Home Buyers in the U.S. Need to Earn More for Starter Homes
Home buyers must earn $75,849 annually to afford the typical U.S. starter home as of February, up 8.2%, or $5,767, from a year earlier, Redfin says.The Wall Street Journal - World -
Xbox's Phil Spencer Reflects On Recent Mass Layoffs
Microsoft Gaming CEO Phil Spencer has defended and explained Microsoft's recent decision to lay off 1,900 people from the Xbox division. He told Polygon that Xbox is a business, and like many other businesses, Spencer's job is to make profits. ...GameSpot - Tech -
The Latest | Israel must open more land crossings for Gaza aid, UN court says
In a legally binding order, the top United Nations court says Israel must open more land crossings into Gaza for food, water, fuel and other suppliesABC News - World - Israel