BIG TECHS' LAYOFFS
20 IT COMPANIES MAKING BIG JOB CUTS
Published By Livemint
| 01 Dec, 2022
The e-commerce titan plans to cut about 10,000 jobs
Amazon
Apple has paused hiring for many jobs outside of R and D
Apple
Chime Financial Inc. is cutting 12% of its staff
Chime
Cisco Systems is planning to lay off about 5% of employees
Cisco
Dapper Labs has laid off 22% of its staff
Dapper Labs
Digital Currency Group saw 10 employees exit the company
Digital Currency Group
DoorDash Inc. is cutting about 1,250 jobs
DoorDash
Galaxy Digital is considering eliminating 20% of its workforce
Galaxy Digital
HP Inc. will cut as many as 6,000 jobs over the next three years
HP
Intel Corp. is cutting jobs and slowing spending on new plants
Intel
Lyft Inc. is eliminating 13% of staff
Lyft
The Facebook parent is cutting 11,000 jobs
Meta
Opendoor Technologies Inc. is laying off about 550 employees
Opendoor
Peloton Interactive Inc. laid off 500 employees globally
Peloton
Qualcomm Inc. has frozen hiring citing fall in demand for phones
Qualcomm
The company has cut hundreds of workers from sales teams
Salesforce
Seagate Technology Holdings Plc. is paring about 3,000 jobs
Seagate
Payments company Stripe Inc. is cutting more than 1,000 jobs
Stripe
Elon Musk eliminated about 3,700 jobs by email
Twitter
Upstart Holdings Inc. had cut 140 hourly employees
Upstart