Posts tagged "layoffs"

In the last 24 hours more Microsoft staff were laid off while it announced another AI product. We headed to its Redmond campus to find out more.

Australian tech company Atlassian has announced a cut to 500 of its staff, which equates to about 5% of its global head count.

Defunct instant grocery delivery service Voly is coming back as an online farmers market thanks to support from Our Cow.

Milkrun has announced layoffs affecting one in five staff, as the last independent player in Australia's instant grocery delivery scene adapts to a rough economic environment for cash-intensive firms.

The growing tide of tech layoffs provides a new opportunity for stable companies to acquire top-tier talent, but businesses should maintain "discipline" around their hiring decisions, SafetyCulture founder Luke Anear says.

Despite the many unfortunate cases of layoffs and closures, it turns out there is still cash around in the tech investment scene.

We're only a month away from the final quarter of 2022 — a year that could be remembered for its worldwide tech layoffs.

Few industries will come out of the pandemic unscathed, and its important to understand best practices when discussing redundancies with your team.

Digital menu and restaurant ordering startup Mr Yum will lay off nearly one in five workers, becoming the latest Australian firm to slash its headcount as market expectations dim.

Last week we saw the backlash for a post from CEO Braden Wallake where he posted a raw Linkedin statement around layoffs, and then included a selfie — a selfie where he was crying.

Hardship continues for Australia's largest home-builder Metricon, which is set to reduce its 2500-strong headcount as the sector is buffeted by economic headwinds.

InDebted has doubled its valuation to $200 million through its latest capital raise, but this wasn't enough to stop it from shedding 17% of its staff.