Photo Credit: Jako Janse van Rensburg Sonos struggles abound as the company announces restructuring efforts, laying off around 200 employees in the second round of layoffs in six months. Sonos is still struggling to keep […]
Photo Credit: Max Zhdanov SoundHound AI, Inc. has announced it has secured $25 million in preferred equity financing to strengthen its balance sheet. The company recently laid off 40% of its workforce. The financing includes […]
Photo Credit: Brian Smale and Microsoft / CC by 4.0 Microsoft becomes the latest tech giant to lay off swathes of employees amid broader restructuring in the sector, favoring profitability over growth. Microsoft CEO Satya […]
Photo Credit: The Pancake of Heaven! / CC by 4.0 Google’s parent company Alphabet becomes the latest tech giant to downsize, cutting around 12,000 jobs as it faces “a different economic reality” post-pandemic. Alphabet Inc., […]
The company says it’s changing direction. | Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images Patreon is laying off 80 people, around 17 percent of its workforce, and closing offices in Dublin and Berlin. […]