Snap slashes 10% of its workforce

Tech Insider
Snapchat logo and dollar signs in front of a blue background
Snapchat's parent company Snap is laying off another 10% of its workers.

Snapchat, Tyler Le/Insider

Nobody's quitting their job anymore. That's a bad sign for workers.

Tech Insider : Economy, Economy
unemployment line
Applicants a job fair in Atlantic City.

AP

Read the memo Okta's CEO just sent employees announcing layoffs

Tech Insider
Okta logo displayed on a phone with bright lights in the background
Okta is laying off 7% of its workforce.

SOPA Images/ Getty

Why don't many executives take pay cuts to avoid layoffs? An ex-Microsoft HR VP explains.

Tech Insider
Google CEO Sundar Pichai (left) and Microsoft CEO Satya Nadella (right)
Google CEO Sundar Pichai (left) and Microsoft CEO Satya Nadella (right).

Getty Images

Working for Google used to be 'sexy and exciting,' with a strong sense of security. Now, not so much.

Tech Insider
Google laid off hundreds of staff.
Layoffs may be the new normal for Google staff.

SOPA Images

PayPal lays off 2,500 workers one week after CEO announces 'new chapter'

Tech Insider
The PayPal logo on a sign at its headquarters.
PayPal announced a fresh round of layoffs on Tuesday, cutting about 2,500 jobs.

Justin Sullivan/Getty Images

Google will spend $700 million on severance this quarter

Tech Insider
CEO of Alphabet and Google Sundar Pichai in Warsaw, Poland on March 29, 2022
In January 2023, Google laid off roughly 12,000 employees, or about 6% of its workforce.

Mateusz Wlodarczyk/Getty Images

Elon Musk reportedly prefers to hire people who've never been laid off

Tech Insider
Elon Musk prefers job candidates who have 'never been laid off no matter the reason' X recruiter says.
Elon Musk has conducted his fair share of layoffs.

LEON NEAL

UPS is cutting 12,000 jobs as CEO cites soft demand and high labor costs following historic contract deal

Tech Insider
Carol B. Tome on a yellow and brown collage
The job cuts will reportedly save UPS $1 billion in 2024.

UPS, Kevin Dietsch/Getty, Tyler Le/BI

Remote employees are more likely to be laid off than in-office peers — but they quit more, too

Tech Insider
A businessman sits at his office desk, his forehead held in his hands, his elbows propped up on the desk before him, circa 1945. An ashtray and paperwork on the desk.
Remote workers are 35% more likely to be laid off than their in-office peers, The Wall Street Journal reported.

Archive Photos/Hulton Archive/Getty Images

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