Another round of layoffs hits Amazon employees in Canada
Roles have been terminated in Amazon’s PXT and cloud divisions.
Roles have been terminated in Amazon’s PXT and cloud divisions.
SVB’s collapse kicked off a month that included new layoffs, bankruptcies, and AI disruptions.
Aouameur’s strategic focus will be on profitability and positive cash flow.
The filing follows four attempts to raise bridge financing and multiple rounds of layoffs.
Amid downturn, e-commerce slowdown, Rewind targets breakeven.
Latest cuts come after Symend laid off 13 percent of staff late last year.
“The rising costs of holding inventory…has made this specific business model no longer viable.”
FreshBooks’ second round of layoffs since December sees third C-suite exec depart in past year.
Worldwide cuts will impact AWS, PXT, advertising, and Twitch teams.
Remote employees are not currently entitled to same advance notice as office workers.
Meta plans to shed 10,000 employees, scale back hiring in second major round of layoffs since November.
Interim president says cuts come despite best efforts to limit economic impact.
Move marks Sonder’s second round of significant cuts since going public last year.
The move marks Dapper Labs’ second round of layoffs since November as it contends with declining NFT sales.
CEO claims cut doesn’t extend runway, but will support growth efforts.