eplt tech blog
#Airbnb revenue dropped over 50% and cut 25% staff (1900 employees). Still keeping nearly 6000? protocol.com/airbnb-layoffs…
@Reuters For those who just read headlines, that’s nearly 30,000 jobs to cut.
#Alphabet will be much leaner and meaner, all the moonshot projects can’t hide behind #Google’s growth easily now. http://www.theverge.com/2016/8/25/12652734/google-fiber-access-alphabet-layoffs-wireless-internet
Big #layoffs at tech giants: #Microsoft 18k, #HP 33k, #Intel 12k now #Cisco 14k. Don’t think #FAANG can create enough jobs. More startups?
#Cisco to cut 14000 staff, about 20% and shift towards software. http://www.reuters.com/article/us-cisco-systems-layoffs-idUSKCN10S05D
#Intel cutting 12,000 jobs, about 11% of its current workforce. When will they buy #ARM, #MediaTek or #Qualcomm? http://www.bloomberg.com/news/articles/2016-04-19/intel-cuts-12-000-jobs-forecast-misses-as-pc-blight-takes-toll
#Pebble laying off 40 people, 25% of their team. Somehow it reminds me of Palm Treo killed quickly by #iPhone and #Android.