Multiple teams at Meta were hit by layoffs on Wednesday, the company confirmed in a statement to TechCrunch, noting these changes were made to reallocate resources within the company. The layoffs appear to have hit employees working on Threads, recruiting, legal operations, and design, among other teams, according to social media posts announcing the layoffs […]
Security compliance unicorn Drata lays off 9% of its workforce
Drata, a security compliance automation platform that helps companies adhere to frameworks such as SOC 2 and GDPR, has laid off 9% of its workforce, amounting to 40 people. Founded in 2020, Drata integrates with dozens of clouds, SaaS apps, developer tools, security systems, and more, helping businesses collate the necessary evidence to prove that their data privacy and security […]
Northvolt lays off 1,600 workers, but it’s not the end for Europe’s battery champion
When is raising $ 14 billion not enough? When you’re a battery startup. Northvolt, Europe’s attempt at building a competitor to Asia’s battery manufacturing powerhouses, announced on Monday that it had halted work on a factory expansion and laid off 1,600 employees, or about 20% of the workforce. The company was planning to expand its […]
Alarming stat lays bare Man United's Premier League goal struggles
Manchester United’s mixed start to the Premier League season continued with a weekend Premier League 0-0 tie at Crystal Palace. Erik ten Hag’s side stormed to a 7-0 midweek Carabao Cup win over Barnsley, but their issues in the top-flight remain clear, after just two wins from the opening five games of the campaign. The […]
Chipmaker Qualcomm lays off hundreds of workers in San Diego
Qualcomm, which makes chips for smartphones, said it will lay off 226 workers in San Diego later this year, according to a California WARN notice published this week. The layoffs, which were first reported by The San Diego Union-Tribune, will take effect the week of November 12. The layoffs affect employees at 16 facilities across […]