John M. Chase/iStock Unreleased via Getty Images Salesforce (NYSE:CRM), a customer relationship management company, reduced its workforce by about 300 positions over the past month, according to a report by Bloomberg. The software firm is reducing roles as it spends more on product innovation, according to people familiar with theContinue Reading
mesut zengin/iStock via Getty Images SolarEdge Technologies (NASDAQ:SEDG) -7.1% pre-market Monday after saying it plans to lay off 400 employees, including 200 in Israel, as it seeks to restore profitability; the company has said its workforce totaled 5,633 employees as of December 31. In a letter to employees, SolarEdge (SEDG)Continue Reading
wildpixel/iStock via Getty Images The rise of artificial intelligence has become a recurring theme behind recent layoffs in the tech industry. Job reductions in the sector surpassed 100,000 year to date, reaching 106,630 as of July 12, according to the tracker Layoffs.fyi. The most recent mass layoff in the techContinue Reading
AndreyPopov/iStock via Getty Images Job losses across the tech sector have nearly reached 100,000 year to date, according to the tracker Layoffs.fyi. While the rate of layoffs in the global tech sector is not as rampant as it was last year, it is outpacing layoff rates from 2022. More thanContinue Reading
