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Posts Tagged ‘personnel’

Salesforce announces 12,000 new jobs in the next year just weeks after laying off 1,000

In a case of bizarre timing, Salesforce announced it was laying off 1,000 employees at the end of last month just a day after announcing a monster quarter with over $5 billion in revenue, putting the company on a $20 billion revenue run rate for the first time. The juxtaposition was hard to miss. Earlier ...

Human Capital: What’s next in Uber and Lyft’s court battle and a look at board diversity in Silicon Valley

Welcome back to Human Capital, where we unpack the latest in diversity, equity and inclusion, and labor issues in the tech industry. In this week’s edition, we’re looking at the latest in Uber and Lyft’s court battle to keep their drivers classified as independent contractors, Pinterest’s well-timed announcement of a Black board member, overall board ...

Mozilla lays off 250

Mozilla today announced a major restructuring of its commercial arm, the Mozilla Corporation that will see about 250 employees lose their jobs and the shuttering of the organization’s operations in Taipei, Taiwan. This move comes after the organization already laid off about 70 employees earlier this year.  The most recent numbers from 2018 put Mozilla ...

Shares of Uber, Lyft drift lower after California judge says that contract drivers are employees

Shares of Uber and Lyft dipped modestly after a California judge granted a preliminary injunction that TechCrunch reports could force the two American ride-hailing companies to reclassify drivers as employees in the state. Uber’s stock is off about 1.3% following the cessation of normal trading hours after dipping around 2% in regular trading. Lyft’s stock ...

Wendell Brooks has resigned as president of Intel Capital

When Wendell Brooks was promoted to president of Intel Capital, the investment arm of the chip giant, in 2015, he knew he had big shoes to fill. He was taking over from Arvind Sodhani, who had run the investment component for 28 years since its inception. Today, the company confirmed reports that Brooks has resigned ...

Apple’s veteran marketing chief Phil Schiller moves to smaller role inside company

After more than three decades climbing Apple’s ranks, marketing chief Phil Schiller is taking a step back at the company, being replaced by a long-time product marketing leader inside Apple. Schiller is taking on a new role as an Apple Fellow, where he will continue to lead the App Store and the company’s events, a ...

Lyft confirms 90 layoffs as it targets profitability

Shares of popular American ride-hailing giant Lyft are off 1.5% today in regular trading after The New York Times reported that the company would cut some staff. TechCrunch confirmed with the company that 90 individuals are expected to be impacted by the changes. The company’s shares dipped as far as 3% before recovering. In a ...

Coinbase poaches Google Shopping VP as CPO for cryptocommerce

“We’re trying to shift cryptocurrency from this speculative asset class to driving real-world utility,” Coinbase CEO Brian Armstrong tells me. How? Through commerce and micropayments. But now Coinbase has the who to build it. Today the startup announced it has hired away former head of Product for Indian e-commerce giant Flipkart and Google Shopping VP ...

Former Docker CEO Steve Singh joins Madrona

Madrona Venture Group announced today that is has hired former Docker CEO Steve Singh as a managing director at the firm. Singh stepped down as CEO of Docker last May and Seattle-based Madrona seems like logical landing spot. He is a long-time resident of Seattle, and has been working behind the scenes with Madrona for ...

BuzzFeed hires The Mighty’s Peter **** as its new CTO

BuzzFeed’s technical team has a new leader — incoming chief technology officer Peter ****, who’s leaving his role as CTO of healthcare community The Mighty. **** has plenty of experience in the media industry, having served as CTO at Refinery29 and at Narrativ, a startup that helps publishers make money through commerce. He told me ...