The social media company has laid off at least 200 employees, or about 10% of its workforce, the New York Times reported. The chipmaker said it would reduce costs by $3 billion in 2023. The e-commerce giant said company-wide layoffs would impact over 18,000 employees.ĬEO Pat Gelsinger told Reuters "people actions" would be part of a cost-reduction plan. The company laid off under 1,000 employees across several divisions in October, Axios reported, citing a source. tech giant said it would cut 10,000 jobs by the end of the third quarter of fiscal 2023. Music streaming service Spotify is cutting 6% of its workforce, or roughly 600 roles.Īlphabet Inc is eliminating 12,000 jobs, its chief executive said in a staff memo. The software and consulting firm said it will lay off 3,900 employees.
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