layoff

Google miscalculated the number of stocks laid-off employees were told they would receive as part of a severance package last month. The company laid off 12,000 employees, marking the largest round of layoffs since Google’s inception.

Silicon Valley layoffs have become commonplace in the last several months as one after another announced they were letting staff go.

PagerDuty CEO Jennifer Tejada, the author of the worst tech layoff email in recent months, wants you to know that she’s sorry. She refused to use the word “layoffs” and quoted Martin Luther King Jr., perhaps not right thing to do when laying off 7% of your employees.

Layoffs are ravaging the tech industry due to the wildly abstract threat posed by “the economy,” but Intel is taking a different approach.