Articles by tag: layoffs

Spotify Will Cut About 6% of Jobs in Latest Tech Layoffs

Spotify
(Bloomberg) -- Spotify Technology SA is planning to cut about 6% of its employees, joining a slew of technology companies from Amazon.com Inc. to Meta Platforms Inc. in announcing job cuts to Read more

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Healthcare Cyberattacks
Healthcare Cyberattacks Grew in 2022
February 3, 2023

Concerning data from cybersecurity firm Check Point indicates an increase in cyberattacks on healthcare organizations by 74% in 2022 from the previous year. Healthcare is currently the third most attacked global industry (1,463 attacks per week) behind government/military (1,661 attacks per week) and education/research (2,314 attacks per week.) And in the United States, Healthcare […]

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CES 2023 crowd attendance
Top Trends at CES 2023 from Bosch, John Deere, and More
February 3, 2023

Top notch technology and top notch attendance secured CES 2023 its gold medal; to put it simply, this year’s CES was a huge success. The world’s largest and most prominent consumer electronics and technology exhibition, CES served its usual role as a testing ground for ground-breaking innovations across multiple verticals. From 5G to Web3, and […]

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ACA health plans
Insurance Companies Should Weight the Growth Potential With Risks When Considering Offering ACA Plans
February 3, 2023

The 2023 open enrollment for ACA health plans saw a 13% increase over 2022. Melanie Musson, an insurance expert with USInsuranceAgents.com, says, “Insurance providers have an opportunity to enter or expand in this growing market, but they should practice caution.” The 2023 Open Enrollment Period (OEP) for Affordable Care Act (ACA) Marketplace health insurance plans […]

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Spotify Will Cut About 6% of Jobs in Latest Tech Layoffs
January 26, 2023

(Bloomberg) — Spotify Technology SA is planning to cut about 6% of its employees, joining a slew of technology companies from Amazon.com Inc. to Meta Platforms Inc. in announcing job cuts to lower costs. The move was announced in a filing Monday morning, confirming reports from over the weekend that there would be job cuts. […]

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Google’s Pichai Tells Staff Cuts Avoided ‘Much Worse’ Issues
January 23, 2023

(Bloomberg) — Google’s chief executive officer told employees on Monday that job cuts were made in a bid to act decisively as the company’s growth slowed. In an internal meeting, Sundar Pichai, who is CEO of Google parent Alphabet Inc., said he had consulted with the company’s founders and board in making the decision for […]

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Technology Jobs: The 2023 Outlook
January 9, 2023

Ben: Hey everyone. Thanks so much for tuning in today. I am your host, Ben Thomas. Today we’re going to take a deep dive into what the technology job market looks like for 2023. If you were to ask somebody on the street what their opinion of the job market in technology for 2023 […]

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Big-Tech Layoffs: Recession or Mismanagement?
November 18, 2022

“The recession is coming; the recession is coming! ” – Paul Revere, 2022 As whispers of a pending recession become louder and louder, it stands to reason these major layoffs in big-tech are a preemptive measure to keep companies afloat. So far, we’ve seen companies like Twitter, Amazon, Meta and more laying off, in […]

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Should Mortgage Lenders Be Laying Off Their Pros in This Housing Market?
November 9, 2022

The never-ending wave of rising interest rates, and therefore pricier debt and consumer demand destruction, is turning buyers away from new home sales. Mortgage lenders are now laying off their pros in droves, hoping to weather the quagmire of a weak market. Is this short-term hemorrhage the right move? Origin Bank Sr. Mortgage Loan […]

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The Impact of Tech Layoffs on Remote and Overseas Workforces
June 30, 2022

As businesses search for profitability in the face of a potential recession, many tech companies have made the difficult decision to layoff significant portions of their staff. But what, if any, impact does this trend have on the remote and overseas workforce? We asked Lach de Crespigny, Co-Founder of Revelo, to break down this impact and […]

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Thanksgiving Sees Drop in Jobless Claims, But Layoffs Continue
December 11, 2020

There’s more behind the latest dip in jobless claims than meets the eye. Three factors contribute to the reported numbers: Thanksgiving, seasonal hiring, and inconsistent state reporting. Over the Thanksgiving holiday, those that recently lost their jobs likely held off filing for unemployment until the following week. Seasonal holiday jobs are also inflating the hiring […]

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