Amazon CEO Andy Jassy says the 14,000-person layoffs were due to “culture” and “removing layers” from its internal structure, not really AI or financial factors
And It's Not Because of AI or Cost Cutting Surbhi Jain / Benzinga : Andy Jassy Is Turning Amazon Into The 'World's Largest Startup' — One Layer At A Time Eugene Kim / Business Insider : Amazon's CEO s...
CareerBuilder + Monster, which once dominated online recruitment, files for Chapter 11 and agrees to sell its job board to JobGet and sell its other businesses
Two of the most prominent legacy job application sites file for Chapter 11 bankruptcy. Jordan Valinsky / CNN : Monster and CareerBuilder, once popular with job seekers, file for bankruptcy Margot Amou...
Kamala Harris, who began her career in the Bay Area and was involved in Biden's pro-tech actions like the CHIPS Act, sees a surge of support from tech donors
New York CNN — — With Vice President Kamala Harris the front runner to receive the Democratic Party's nomination for president …
Baidu's PR chief Qu Jing reportedly left the company after criticism over her Douyin videos demanding that workers must be available 24 hours a day
Nectar Gan / CNN :
Source: at an OpenAI all-hands meeting, Ilya Sutskever defended Sam Altman's ouster as necessary to protect OpenAI's mission of making AI beneficial to humanity
and the fallout Brian Fung / CNN : OpenAI: Why Sam Altman was fired and what's next after the shocking shakeup Patrick Cooley / The Messenger : Sam Altman's Supporters Pressure OpenAI Board to Bring H...
Epic Games lays off 16% of its workforce, or ~830 employees, divests from music storefront Bandcamp, and intends to spin off “kid-tech” company SuperAwesome
Earlier today Tim Sweeney sent the following email to Epic employees: Tim Sweezy / HotHardware : Epic Games Confirms Massive Layoffs After Fortnite And Metaverse Spending Spree Jamie Crawley / CoinDes...
Former Twitter Africa staff, laid off after accepting a May 2023 offer of three months' severance, say they have not been paid or even heard from Twitter since
Larry Madowo / CNN :
A profile of Joseph Tsai, the Taiwan-born, US-educated Alibaba co-founder, its next chairman, a longtime Jack Ma ally, and now a prominent blockchain proponent
Here's who they are Jane Zhang / Fortune : In a surprise shakeup, Alibaba names Eddie Wu as its CEO, replacing Daniel Zhang, effective September 10; Zhang will remain CEO of Alibaba Cloud Florence Muc...
Andy Jassy says Amazon plans to lay off an additional 9,000 employees, mostly in AWS, PXT, Advertising, and Twitch, after cutting 18,000+ jobs in January 2023
Today I shared with Twitch employees that we've … Annie Palmer / CNBC : Amazon's post-Bezos experiment hasn't gone exactly as planned Bloomberg : Amazon to Cut 9,000 More Jobs, Deepening Biggest Pullb...
SEC proxy filing: Apple cuts Tim Cook's 2023 target compensation by 40%+ to $49M, citing investor guidance and a request from Cook, who was paid $99.4M in 2022
at his own request Anna Cooban / WRAL TechWire : Apple CEO Tim Cook takes a pay cut for 2023 Eddie Makuch / GameSpot : How Much Does Apple's CEO Make? Anna Cooban / CNN : Tim Cook agrees to a massive ...