Top stories

mashable's picture

SpaceX is laying off 10 percent of its workforce

After a banner year of successful rocket launches for Elon Musk's private space flight company SpaceX, so far 2019 sees the company coming back down to Earth hard and fast. The company announced on Friday that it would be laying off 10 percent of
johnsullivan's picture

What Really Happens During a Layoff – a Completely Unscientific, Real-Life Example & Sourcing Strategy

The following is a little secret I discovered years ago, witnessing it as layoffs happened. I validated my theory, as best I could, by watching layoffs happen through a few recessions from within the company. Hearing the announced “target
mashable's picture

Elon Musk announces companywide Tesla layoffs in leaked email

It wasn't flamethrowers, candy, or even a tunnel.  No, today Tesla CEO Elon Musk announced a different kind of product: Pink slips. In a leaked email to staff, the self-stylized media critic told those at his electric car company that he would
johnsullivan's picture

New Ownership at CareerBuilder Means Cost-Cutting, Layoffs, and Departing Executives

It’s not 1999 anymore. There was a time when anything with a dot-com at the end of it was akin to a rocket ship blasting to a moon made of money. Job boards like were thought to have tremendous...
johnsullivan's picture

What You Need to Do If a Layoff Comes

In rapidly changing markets, layoffs are a possibility in any industry, at any time, and are bound to send shock waves through an organization. Organizations often change direction in response to market needs and pressures or will jettison one line
mashable's picture

Snap cuts 100 employees as it fights to survive

Snapchat's staff is disappearing.  Snap Inc. is laying off about 100 employees, Bloomberg first reported on Thursday, in its latest step to restructure the company after aggressive hiring over the last few years.  This round of layoffs is
johnsullivan's picture

How Recruiters Can Use Layoff Announcements to Source Candidates and Help Others

Whenever I heard about layoffs, I would think, “Hmm, I want to contact those being affected and see if I can recruit them for my open jobs.” As I did this, I learned, “Hey, a lot of the unaffected people...
hindustantimes's picture

Wipro, Infy layoffs: It is not as bad as it looks as the sector is growing

From: Hindustan Times Recommended by: Hindustan times News of retrenchment does not seem to stop pouring out of the $150 billion Indian IT sector. Their challenges are many: Automation, artificial intelligence, global gloom and