Blue Origin CEO says he's trimming middle managers after rapid hiring led to 'more bureaucracy.' Read the memo.
Blue Origin CEO David Limp told employees in an email that there was "less focus" at the rocket company than it needs to ...
Andy Jassy Just Delivered Fantastic News for Amazon Investors
Amazon (NASDAQ: AMZN) just reported a blowout quarter, but its stock fell after the results came out. Although the quarter itself was spectacular, management's guidance was underwhelming; the lower ...
Tech companies laying off staff are still hiring — especially in AI
As layoffs continue to sweep across tech companies, firms continue to hire. Some even plan to grow their head count this year ...
Layoffs start at Meta, what Facebook founder Mark Zuckerberg told employees about ‘4000 job cuts’
Meta is notifying employees of a 5% workforce reduction, affecting around 4,000 jobs worldwide. Meanwhile, the company plans ...
Zomato’s 'new' name, Infosys layoffs, Sam Altman in India, Google loses $200 billion and other top tech news of the week
This week in tech witnessed notable events including SEBI's Rs 50 crore fine on Asmita Patel, Infosys laying off campus ...