Spotify to cut 17% of staff in cost-cutting measure
Spotify, a digital music service, could be seeking to boost its profitability with the move.
Read the memo Google CFO Ruth Porat sent to staff about new cost-cutting, including paring back worker perks
Google recently announced it would cut 12,000 jobs earlier this year as part of its cost-cutting measures. CFO Ruth Porat…
I’m a Stanford professor who’s studied organizational behavior for decades. The widespread layoffs in tech are more because of copycat behavior than necessary cost-cutting.
Stanford professor Jeffrey Pfeffer says copycat behavior is a key factor in the mass layoffs sweeping tech, finance, and other…
Mark Zuckerberg’s net worth spikes a record $12.5 billion as Meta’s cost-cutting plans send shares soaring
Gains in Meta's share prices are boosting Mark Zuckerberg's net worth this year so far. Kevin Dietsch/Getty Images Mark Zuckerberg's…
Google is on the tech cost-cutting bandwagon. Its CFO just flagged more cuts could come.
Google parent Alphabet warns that more cuts are coming in its four-quarter earnings report. Leonardo Munoz/VIEWpress Google warned that more…