Gizmodo : Economy, Business

Adobe has promised there will be no more layoffs in 2023 as the company opens its fourth office, based in San Jose, California.

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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.

Gizmodo : Economy

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

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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.

Gizmodo

As layoffs continue to plague the tech sector, even the titans of the industry aren’t safe.

Gizmodo : Economy, Business

Considering the steady stream of layoffs coursing through the tech industry, it’s understandable that some CEOs want to take extra care when informing employees that their company will also be cutting jobs. However, calling layoffs “refinements” and quoting Martin Luther King Jr. is not the way to go.

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SoundHound, a voice AI company that laid off 40% of its employees earlier this month, announced Tuesday that it had successfully raised $25 million in equity investment. That funding brings good news for the laid off staff, three of whom previously said what measly severance they were offered—just two weeks, no health…