![]() ![]() In early June, Spotify Technology SA (SPOT) announced plans to lay off approximately 200 people, or 2% of the company's workforce. MarketWatch reached out to Oracle with a request for comment. (ORCL) laid off hundreds of employees, cut back open positions and rescinded job offers at its health unit. In June, Insider reported that Oracle Corp. Related: Robinhood is laying off around 7% of staff, WSJ reports "In some cases, this may mean teams make changes based on volume, workload, org design and more." "We're ensuring operational excellence in how we work together on an ongoing basis," a Robinhood spokesperson told MarketWatch. (HOOD) would be laying off around 7% of its full-time staff, or about 150 people. "We will continue to prioritize and invest in strategic growth areas for our future and in support of our customers and partners."Įarlier this year, the Wall Street Journal reported that stock-trading app Robinhood Markets Inc. "Organizational and workforce adjustments are a necessary and regular part of managing our business," a Microsoft spokesperson said in an emailed statement in July. The layoffs were in addition to the 10,000 job cuts the company announced earlier this year. However, 276 workers in the Seattle area will lose their jobs, according to a filing with Washington state's Employment Security Department. The cuts targeted an unknown number of employees in customer service, support and sales, according to GeekWire. (MSFT) also returned to the layoffs spotlight in July. Related: Roku plans to lay off 10% of staff, boosts revenue outlook According to its most recent annual filing, Roku had about 3,600 employees as of the end of 2022. (ROKU) also announced plans to lay off 10% of its staff. In early September, streaming company Roku Inc. The layoffs were revealed in a filing with California's Employment Development Department earlier in September. (CSCO) said it will lay off 350 employees in Silicon Valley in October, in its latest round of job cuts. About two-thirds of the layoffs were in teams outside of core development, the company said, in a statement released Thursday. 28 it would be laying off 16% of its workforce, or 830 employees. "Fortnite" parent company Epic Games Inc. Here's a look at the list of big names across a number of sectors that have been cutting back their workforces. More than 238,000 global technology-sector employees have been laid off since the start of 2023, according to data compiled by the website Layoffs.fyi. More than 238,000 global technology-sector employees have been laid off since the beginning of 2023Įpic Games is the latest tech company in the layoffs spotlight, joining names like Cisco, Roku, Microsoft, Robinhood, LinkedIn, Spotify, Meta, Amazon, Dropbox, Electronic Arts, Palantir Technologies, Twilio, Zoom, eBay, Okta, Splunk, PayPal, IBM, SAP, Spotify, Alphabet, Intel, Coinbase and Salesforce. ![]()
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