Elon Musk is a tech entrepreneur and CEO of Tesla and SpaceX who has been making waves in the industry for his innovative solutions, ambitious goals, and of course, his prolific and highly publicized use of Twitter. Since his rise to fame, Elon Musk has been increasingly aware of his presence on social media, and… Continue reading Elon Musk’s Twitter (now X): Everything you need to know, from layoffs to verification
Category: layoffs
rocket retirement
In an unprecedented move, both Planet and Astra, two leading private space exploration companies, have announced layoffs and a retirement for their flagship rocket, Max Q. It marks a major setback for the highly competitive space exploration industry. The layoffs of 393 Planet and Astra employees came after purported financial losses from the unsuccessful launch… Continue reading rocket retirement
rocket retirement
It has been a tumultuous week for aerospace startup Planet and its subsidiary Astra. In a double setback for the companies, they have announced both the ending of a major rocket project and a substantial round of layoffs. The project in question is the Max Q rocket, a two-stage booster that was intended to launch… Continue reading rocket retirement
Elon Musk’s Twitter: Everything you need to know, from layoffs to verification
Elon Musk’s Twitter presence can have an immense impact on his reputation as a business magnate, inventor, and investor. While he has been known for his famous tweets about his own companies, he has also been known for stirring up controversy with his opinionated tweets on hot topics. From announcing lay-offs at Tesla to challenging… Continue reading Elon Musk’s Twitter: Everything you need to know, from layoffs to verification
Redfin is laying off more workers as housing downturn persists
As the housing market continues to be greatly impacted by the coronavirus pandemic, one of the nation’s largest real estate technology firms, Redfin, is dealing with the fallout. The Seattle-based technology firm, which is best known for its real estate search capabilities and other services offered to clients, has recently announced additional layoffs as the… Continue reading Redfin is laying off more workers as housing downturn persists
Apple has reportedly started a small number of corporate layoffs
Apple Inc., renowned creator and distributor of consumer electronics, has reportedly initiated a small number of corporate layoffs, according to a report released by the Wall Street Journal. The layoffs come as part of a broader restructuring of Apple’s operations following a period of significant investment and diversification into the wide range of products and… Continue reading Apple has reportedly started a small number of corporate layoffs
Disney reportedly eliminates metaverse division in first round of layoffs
Disney, the world’s leading entertainment company, recently announced the elimination of its newly created metaverse division and a round of layoffs in its corporate structure as part of its wider re-organization. The metaverse division had been created eighteen months ago with the goal of exploring the possibilities of using augmented, virtual, and mixed reality technology… Continue reading Disney reportedly eliminates metaverse division in first round of layoffs
Daily Crunch: In SEC filing, Accenture reveals plans to dismiss 19,000 workers over the next 18 months
Accenture, a global professional services company, filed with the U.S. Securities and Exchange Commission (SEC) to disclose plans to downsize its workforce by nearly 20,000 people over the next 18 months. This was revealed in a recent SEC filing, which was released on February 14th and comes at a time when the company is simultaneously… Continue reading Daily Crunch: In SEC filing, Accenture reveals plans to dismiss 19,000 workers over the next 18 months
Roofstock valued
Roofstock, the Oakland, California-based company that provides technology for real estate investing and management, announced its second round of layoffs on May 13th. In the last year, the company had achieved a billion-dollar valuation, but now faces considerable challenges as the coronavirus pandemic continues to upset markets and economies worldwide. As part of its second… Continue reading Roofstock valued
Amazon layoffs will shut down camera review site DPReview.com after 25 years [Updated]
Just last month, Amazon announced the devastating news that it would be shutting down the well-known camera review website DPReview.com after 25 years of operations. This affects the livelihood of countless camera enthusiasts, photographers, and hobbyists around the world. DPReview is a website dedicated to digital photography and digital imaging. Launched in December of 1998,… Continue reading Amazon layoffs will shut down camera review site DPReview.com after 25 years [Updated]