Filing: Intel is laying off 5,000+ employees across California, Oregon, Texas, and Arizona; California cuts affect 1,935, more than double the initial estimates
new report says retreating operation could become a liability to the state Clare A. Fonstein / Silicon Valley Business Journal : Intel to lay off over 1,000 employees in California, with deepest cuts ...
Employee letter: PayPal plans to lay off around 2,500 employees, or about 9% of its workforce, and will cut back on open roles
The following message was shared with PayPal employees today by President & CEO Alex Chriss: Michael Grothaus / Fast Company : Tech layoffs 2024: Grim January ends with job cuts at PayPal, Block, iRob...
a16z raises new $2B fund and says the firm's 150 employees are being registered as financial advisers, so they can go deeper on riskier bets, like buying crypto
and more company is coming Lauren Feiner / CNBC : One of Silicon Valley's most famous venture capital firms says it will no longer be a venture capital firm Nikhilesh De / CoinDesk : A16z Moves to Pla...
Jeff and MacKenzie Bezos announce they are divorcing after 25 years of marriage; MacKenzie worked at Amazon from the beginning
How Podcasts Are Filling a Real Need Kif Leswing / Business Insider : Amazon CEO Jeff Bezos and his wife, MacKenzie, announce they are divorcing Levi Pulkkinen / The Guardian : MacKenzie Bezos: divorc...
Andy Rubin's Essential confirms layoffs; sources say it's almost a third of its workforce, primarily from the startup's hardware and sales divisions
Some More Skepticism About Blockchains, Bitcoins, and What Not Cromwell Schubarth / Silicon Valley Business Journal : $100M later, Andy Rubin's cutting staff and looking for what's Essential Habeeb On...
Apple VP of diversity and inclusion Denise Young Smith is leaving; Christie Smith, who spent 17 years as a principal at Deloitte, will be taking over
not long after making controversial remarks about white men Silicon Valley Business Journal : Apple diversity chief who made ‘white, blue-eyed blonde men’ comment is leaving Luke Dormehl / Cult of Mac...
Steve Jurvetson is leaving Draper Fisher Jurvetson in wake of an investigation into sexual harassment, is “on leave of absence” from boards of Tesla and SpaceX
Explaining What Just Happened at Uber Ari Levy / CNBC : Jurvetson is on leave from Tesla and SpaceX boards after sexual harassment claims Cyrus Farivar / Ars Technica : Tesla, SpaceX board member take...
Tony Fadell, co-founder and ex-CEO of Nest, launches Future Shape, an investment and advisory firm for startups in agriculture, robotics, transportation, more
From Paris Don Reisinger / Fortune : Here's What iPod and Nest Creator Tony Fadell Says About Apple and Google Yoni Heisler / BGR : Tony Fadell is back with a new VC firm - and he already has beef wit...
The tech industry should treat sexual harrassment of founders by VCs much like HR departments treat workplace abuses
I have been reading the slow but meaningful fall … Reed Albergotti / The Information : Venture Capitalists, Tech Leaders Back ‘Decency Pledge’ Matthew Lynley / TechCrunch : Binary Capital reportedly d...
Uber's crisis was a failure of oversight and shows founders should be constrained by lieutenants, mentors, and a forceful board of directors
Lost Today, hoping to be Found! Cromwell Schubarth / Silicon Valley Business Journal : Even after forcing Travis Kalanick out as Uber CEO, investors sing his praises Mike Isaac / New York Times : Trav...