DISMISSALS

Tech layoffs in Southeast Asia rise as unprofitable startups seek to expand their leads

Tech layoffs in Southeast Asia rise as unprofitable startups seek to expand their leads

Shopee has reportedly made three rounds of layoffs this year as its parent company, Sea Limited, struggles for profitability. Lauryn Ishak | Bloomberg | Getty Images More tech startups in Southeast Asia have laid off workers this year as macro headwinds deepened losses and venture capitalists pushed startups to expand their leads. Last week, online …

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After the big resignation and the silent resignations, the era of "loud dismissals" has arrived

After the big resignation and the silent resignations, the era of “loud dismissals” has arrived

Shocking layoff news overshadows a bright labor market. Within weeks, massive layoffs, mostly in tech, including at Twitter, Meta, Amazon, Salesforce, HP, Lyft, Doordash and more, grabbed headlines. More than 50,000 tech workers lost their jobs in November, compared to 12,600 in October, according to Layoffs.fyi. To be clear, overall layoffs remain historically low. Throughout …

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Crypto lender BlockFi files for bankruptcy as FTX ripple effect spreads

Crypto lender BlockFi files for bankruptcy as FTX ripple effect spreads

Filing follows weeks after FTX collapse FTX listed as BlockFi’s #2 creditor Bitcoin down over 70% from 2021 peak Nov 28 (Reuters) – Cryptocurrency lender BlockFi has filed for Chapter 11 bankruptcy, it said on Monday, the latest crypto casualty after the exchange’s dramatic collapse FTX earlier this month. The New Jersey court filing comes …

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Fired from your technical job?  Here's what you need to do to increase your chances of getting hired

Fired from your technical job? Here’s what you need to do to increase your chances of getting hired

The tech world has been rocked by mass layoffs as giants like Meta, Twitter and Elon Musk-owned Amazon bleed jobs amid economic uncertainty. The number of IT layoffs in 2022 alone accounts for more than half of all layoffs since Covid-19, according to layoffs.fyi, a tracking website. ‚ÄúTech companies of all shapes and sizes are …

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Elon Musk launches Twitter poll on whether to bring Trump back

Elon Musk launches Twitter poll on whether to bring Trump back

Nov 18 (Reuters) – Elon Musk launched a Twitter poll on Friday evening asking his followers to vote on whether to restore former U.S. President Donald Trump’s account on the platform, with initial results showing around 60 % of votes yes. “Vox Populi, Vox Dei,” Musk tweeted, a Latin phrase that roughly translates to “the …

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