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Top tech startup news for Monday, April 3, 2023: Acorns, Acre, Apple, Boba, GoHenry, Kaszek, and Storyblok
Nickie Louise Posted On April 3, 2023


Good evening! Below are some of the top tech startup news stories for Monday, April 3, 2023. Acorns acquires UK-based kid-focused fintech startup GoHenry to expand into Europe Acorns, a U.S.-based startup focused on savings and investing, has acquired London-based […]


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Apple to lay off staff within its corporate retail teams: Report
Nickie Louise Posted On April 3, 2023


After many months of promising no layoffs, the iPhone giant is now joining a long list of tech companies that have announced job cuts over the past year. After holding off on corporate layoff including pulling every lever to cut […]


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Branson’s Virgin Orbit to cease operations and lay off nearly entire workforce after failing to secure funding
Nickie Louise Posted On March 31, 2023


British billionaire Sir Richard Branson’s rocket company Virgin Orbit announced it will shut down its operations and terminate nearly all its employees after the company was unable to secure funding. In an all-hands meeting on Thursday afternoon, CEO Dan Hart […]


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Top tech startup news for Thursday, March 30, 2023: DataDome, Ledger, Virgin Orbit, and Unacademy
Daniel Levi Posted On March 30, 2023


Good evening! Below are some of the top tech startup news stories for Thursday, March 30, 2023. Virgin Orbit to cease operations and lay off nearly entire workforce after it fails to secure funding Virgin Orbit announced it will shut […]


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Indian EdTech startup Unacademy lays off 12% of its workforce as tech job cuts grow
Nickie Louise Posted On March 30, 2023


Indian EdTech startup Unacademy is laying off 12% of its workforce, making it the latest in a series of tech companies that have implemented staff cuts amid mounting recession fears. According to a report by Reuters, citing an internal mail […]


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Top tech startup news for Tuesday, March 28, 2023: Cerebras, FTX, Lucid, Lyft, OneWeb, and Venti
Nickie Louise Posted On March 28, 2023


Good evening! Below are some of the top tech startup news stories for Tuesday, March 28, 2023. FTX founder Bankman-Fried charged with paying $40 million bribe Disgraced FTX founder Sam Bankman-Fried (SBF) is back in the news. Today, the Department […]


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EV tech startup Lucid to lay off 1,300 employees, or about 18% of its workforce
Nickie Louise Posted On March 28, 2023


Luxury electric vehicle startup Lucid Group announced Tuesday it is laying around 1,300 employees, or about 18% of its workforce, as part of a restructuring plan and cut-cutting measures. The news comes just a month after the company’s 2023 production […]


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Job search platform Indeed to lay off 2,200 employees, or 15% of its workforce
Nickie Louise Posted On March 23, 2023


“I am heartbroken to share that I have made the difficult decision to reduce our headcount through layoffs.” US-based job search platform has joined the layoff trend announcing on Wednesday it will lay off 15% of its workforce, or about […]


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Meta to lay off 10,000 employees in second round of job cuts, just four months after it let go 11,000 employees
Nickie Louise Posted On March 14, 2023


Facebook-parent company Meta announced on Tuesday it would cut 10,000 jobs, just four months after it let go 11,000 employees, making the social giant the first Big Tech company to announce a second round of mass layoffs. In a message […]


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Meta plans to cut thousands of jobs as soon as this week, after CEO Zuckerberg said no more layoffs
Nickie Louise Posted On March 7, 2023


About two weeks ago, the Washington Post reported that Facebook’s parent company Meta Platforms was planning a fresh round of layoffs that could affect thousands of workers just a few weeks after CEO Mark Zuckerberg promised no more layoffs. Now, there […]


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Embark, a self-driving truck startup that went public in 2021, lays off 70% of its staff and mulls ‘shutting down completely’
Nickie Louise Posted On March 6, 2023


Self-driving truck company Embark announced Friday it would lay off 70% of its employees and start evaluating options, including “shutting down completely.” The job cut is expected to impact about 230 employees. The company lost nearly a third of its […]


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Tech layoffs surge past 100,000 as tech companies lay off 123,882 employees so far in 2023
Nickie Louise Posted On March 6, 2023


Tech layoffs surge past 100,000 as 454 tech companies laid off a total of 123,882 employees so far in 2023. The good news is that tech companies aren’t letting go of their employees at the scale recorded in January when 65,000 […]


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Top tech startup news for Wednesday, March 1, 2023: Amazon, Binance, Ether.fi, OpenAI, Ring, and Waymo
Nickie Louise Posted On March 1, 2023


Good evening! Below are some of the top tech startup news stories for today Wednesday, March 1, 2023. Jamie Siminoff, the founder and CEO of Amazon Ring, is stepping down from the role later this month Jamie Siminoff, the CEO […]


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Alphabet’s Waymo cuts 8% of its employees after second round of layoffs
Nickie Louise Posted On March 1, 2023


Alphabet’s Waymo has laid off another 137 employees in its second round of job cuts this year, bringing total cuts for the year to 200, or  8% of its workforce after the company reported its initial job cuts in January. […]


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Twitter lays off 10% of workforce, reducing headcount to less than 2,000
Nickie Louise Posted On February 27, 2023


Elon Musk’s Twitter has laid off another 200 people in its latest round of job cuts, the New York Times reported late on Sunday. The current layoff, which represents 10% of the current workforce, reduced headcount to less than 2,000 vs. […]


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Meta plans to lay off thousands of workers in a fresh round of job cuts
Daniel Levi Posted On February 22, 2023


Facebook parent company Meta Platforms is planning a fresh round of layoffs that could affect thousands of workers just a few weeks after CEO Mark Zuckerberg promised no more layoffs, the Washington Post reported on Wednesday. According to the report, […]


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DocuSign to cut 10% of its workforce in a second round of layoffs
Nickie Louise Posted On February 16, 2023


DocuSign, a company best known for its eSignature software, said Thursday that it would cut about 10% of its workforce in a second round of layoffs. The news comes just five months after the document signature product provider laid off […]


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Twilio to lay off 17% of its workforce in second round as tech layoffs top 100,000
Nickie Louise Posted On February 13, 2023


Twilio is laying off 17% of its workforce as tech layoffs top 100,000 in the first two months of 2023. The Cloud communications provider announced on Monday it was eliminating about 17% of its staff and closing some offices. This […]


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GitLab to cut 7% of its workforce, or about 130 workers, as tech layoffs near 100,000
Nickie Louise Posted On February 9, 2023


Massive layoffs continue to sweep across the tech industry. GitLab announced today it will lay off  7% of its employees, or about 130 positions, according to PitchBook data. Gitlab is the latest in a long list of tech companies that […]


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GoDaddy to lay off 8% of its workforce, or about 530 employees amid global economic slowdown
Nickie Louise Posted On February 8, 2023


It’s another tough day in the corporate world as GoDaddy announces layoffs affecting 530 employees, citing a decline in customer demand amidst the economic slowdown. In an email addressed to GoDaddy staff today, CEO Aman Bhutani revealed the company’s plans […]


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