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Stripe announces layoffs
“Bloomberg reported that Stripe will cut 14% of its entire workforce, about 1000 jobs.”
Category Employment
Job cuts
“Amazon com reduced its workforce by nearly 100,000 people in the June quarter, the company disclosed Thursday as part of its latest earnings report. That is a reduction of about 6%, by far the company’s largest cut in a single…
Job openings
“New Job Openings Drop in 47 States, Nationally Down 17 Percent” — MishTalk
Economic slow down
“Alphabet CEO Sundar Pichai told employees on Tuesday that the company plans to slow down hiring and consolidate investments through 2023.” “Facebook parent Meta has cancelled a contract with custodial workers at its Silicon Valley headquarters, resulting in hundreds of…
The Great Resignation
“Citing Labor Department and other data, Barclays said the decline in labor force participation is being fed almost exclusively by married people living with a spouse who left the labor force in the late summer of 2020 and did not…