Tag results for: tech layoffs

90% of laid-off H1-B visa holders were able to find new work against all odds. Here’s what the data tells us about America’s complicated...

The drumbeat of layoffs that have pummeled the tech sector since the start of the year sent tens of thousands of H1-B Visa holders on a race against...

Mass layoffs are terrible for shareholders, a study finds

Do mass layoffs reflect poor management? That’s up for debate. But a new analysis suggests the practice harms shareholder returns, and companies should instead consider tactics like a...

Top analyst says ‘the lion’s share of tech layoffs are now in the rearview mirror’ on the heels of Apple CEO Tim Cook’s declaration

When Apple CEO Tim Cook talks, everyone else listens. “We believe the lion’s share of tech layoffs are now in the rearview mirror with Cook’s words echoing throughout...

Meta employees are reportedly bracing for more layoffs amid delays to finalized budgets: ‘It’s still a mess’

Facebook parent Meta conducted its biggest-ever layoffs last November, shedding about 11,000 workers. But more jobs, it appears, are about to be axed. CEO Mark Zuckerberg noted in a...

Zombies, fire sales, and scrappiness: Here’s what venture capitalists can expect in their ‘year of the dragon’

After a record-shattering 2021, the past six months have been bumpy for the venture capital industry. From FOMO-driven check-writing, we’ve entered a parallel universe of investor caution, steep...

Layoffs etiquette: Microsoft and others are showing us what not to do when eliminating jobs 

There’s no good way to eliminate thousands of jobs. But as the recent layoffs in tech and banking have shown, there are better and worse ways to go...

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