Carta Inc., a financial software company valued at $7.4 billion in August 2021, told employees on Wednesday it would cut about 10% of its workforce. The layoffs TechCrunch previously reported…
Tag: tech
Vancouver-based tech firm announces another round of layoffs
Vancouver tech company Thinkific has announced massive layoffs, letting go of 76 employees. Last March, the company laid off 100 employees after a “critical overhaul” of its organizational structure. This…
Tech layoffs slay 20% of popular startup’s workforce
Scale AI CEO Alexandr Wang wrote in a blog post to employees: “If you are affected, we will contact you immediately via your personal email with details and offer you…
Thinkific announces mass layoffs as Vancouver tech firm aims for break-even
Thinkific Labs Inc. THNC-T announced its second mass layoff last year as the Toronto Stock Exchange-listed software company pledged to achieve operating profitability by the end of 2023. The Vancouver-based…
Israel tech layoffs to continue in 2023
In April 2022, when interest rates started rising in the US and Israel and inflation reared its head around the world, tech companies denied there was anything wrong with…
The appeal of tech jobs is fading after industry layoffs
Illustrated by Ray Cook/Axios For the first time in decades, gigs at tech companies are no longer top dream destinations for local job seekers, according to a longtime Pacific Northwest…
Tech industry reversal intensifies with new rounds of layoffs
Dana Mattioli | Updated Jan 8, 2023 05:30 AM EST Companies that grew rapidly during the pandemic are now cutting spending and headcount. The reassessment of the tech industry is…
Tech layoffs have made competition for jobs fierce, some workers say
Comments on this story comment nevertheless Tiara Richardson read a news story warning of impending layoffs at Big Tech, but wanted a job as a content designer at Meta would…
Hiring still outpaces tech layoffs, but cuts leave scars
The tech industry continues to cut jobs, but hiring still outpaces layoffs. Affected workers will be in demand, especially from other industries that need their skills. However, workers who…