staff
- Technology
Memo: Salesforce plans to lay off around 10% of its staff and close some offices, expecting to incur $1.4B to $2.1B in charges for the restructuring (Nivedita Balu/Reuters)
Nivedita Balu / Reuters: Memo: Salesforce plans to lay off around 10% of its staff and close some offices, expecting…
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Sources: crypto payments startup Wyre told its staff it's shutting down; Bolt planned to acquire Wyre for ~$1.5B, but the deal was canceled in September 2022 (Axios)
Axios: Sources: crypto payments startup Wyre told its staff it’s shutting down; Bolt planned to acquire Wyre for ~$1.5B, but…
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Memo: Shopify cancels all recurring meetings with over two people "in perpetuity" and encourages staff to decline invitations, leave big group chats, and more (Matthew Boyle/Bloomberg)
Matthew Boyle / Bloomberg: Memo: Shopify cancels all recurring meetings with over two people “in perpetuity” and encourages staff to…
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Sources detail Elon Musk's Twitter cost-cutting measures, including closing a data center, reducing training for new staff, and canceling janitorial services (New York Times)
New York Times: Sources detail Elon Musk’s Twitter cost-cutting measures, including closing a data center, reducing training for new staff,…
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Sources: TikTok's efforts to cut ties with Beijing-based ByteDance have stumbled over hiring and retaining talent, as some key staff remain based in China (Raffaele Huang/Wall Street Journal)
Raffaele Huang / Wall Street Journal: Sources: TikTok’s efforts to cut ties with Beijing-based ByteDance have stumbled over hiring and…
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