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Tech giants bloodbath continues: PayPal is latest to slash 2,000 jobs - about 7% of its workforce

PayPal said it will make the cuts over several weeks, with some of its organizations affected more than others. The company did not further specify.

CEO forced to apologize for likening board to MLK while announcing layoffs

The CEO of a San Francisco-based tech company has apologized after quoting Martin Luther King Jr. in a letter sent to employees last week announcing layoffs.

What s Driving the Mass Layoffs in Big Tech Right Now?

What s Driving the Mass Layoffs in Big Tech Right Now?
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Big Tech is firing employees by the thousands How worried should we be?

In the last year, more than 70,000 people globally have been laid off by Big Tech companies – and that doesn’t count the downstream effect of contractors (and other organisations) losing business as budgets tighten

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