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Posts Tagged ‘layoffs’

Uber lays off 400 as cost-cutting efforts ramp up

Uber is laying off about 25% of its 1,200-person strong marketing department in an effort to slash costs and make operations more efficient following its public debut and first quarter losses of $1 billion. The layoffs were first reported by The New York Times. About 400 people in Uber’s marketing department were laid off across ...

HQ Trivia lays off ~20% as it preps subscriptions

HQ Trivia is struggling after a mutiny failed to oust its CEO. Downloads per month are down 92% versus last June according to Sensor Tower. And now four sources confirm that HQ laid off staff members this week. One said about 20% of staff was let go, and another said six to seven employees were ...

Maker Faire halts operations and lays off all staff

Financial troubles have forced Maker Media, the company behind crafting publication MAKE: magazine as well as the science and art festival Maker Faire, to lay off its entire staff of 22 and pause all operations. TechCrunch was tipped off to Maker Media’s unfortunate situation which was then confirmed by the company’s founder and CEO Dale ...

Udacity restructures operations, lays off 20 percent of its workforce

Udacity, the $1 billion online education startup, has laid off about 20 percent of its workforce and is restructuring its operations as the company’s co-founder Sebastian Thrun seeks to bring costs in line with revenue without curbing growth, TechCrunch has learned. The objective is to do more than simply keep the company afloat, Thrun told ...

Lyft lays off up to 50 in bikes and scooters as it gears up for another wave of launches

As Lyft continues to prepare for its IPO, the on-demand transportation startup is trimming staff to cut costs ahead of another wave of expansion. TechCrunch has learned and confirmed that Lyft has laid off around 50 staff in its bike and scooter division, mainly people who had joined the company when it acquired the electric ...

Rackspace announces it has laid off 200 workers

Rackspace, the hosted private cloud vendor, let go around 200 workers or 3 percent of its worldwide workforce of 6600 employees this week. The company says that it’s part of a recalibration where it is trying to find workers who are better suited to their current business approach. A Rackspace spokesperson told TechCrunch that it ...

How to deal with getting fired

Brilliant culture critic Rob Walker, author of the forthcoming book The Art of Noticing, just launched a new column at Lifehacker about "navigating the modern workplace," a continuation in some ways of his long-running New York Times column "The Workologist." Naturally, Rob's first column in the new series is about getting fired:

...What I’m suggesting ...

LittleBits lays off employees as it shifts focus toward education

New York City open-source maker startup LittleBits began to lay off staff last month, TechCrunch has learned. The loss of jobs comes as the company looks to shift more focus toward the K-12 market. Education-specific offerings have been lucrative for the company in its eight-year existence, but recent products have found the company embracing licensed ...

Vice Media will lay off 10 percent of its staff

Vice Media plans to cut 250 jobs — about 10 percent of its total workforce. The Hollywood Reporter broke the news. When contacted by TechCrunch, a Vice spokesperson confirmed the story but declined to comment further. This comes after a brutal couple of weeks in the media business, as companies began the year with major ...