SILICON VALLEY LAYOFFS

Tech sector layoffs in the US and Silicon Valley are leaving foreign workers on H-1B visas in a difficult position. If they can't find new jobs in time, they may have to return to their home countries. Here are some tips for navigating the 60-day gr...

Amazon and Google have reportedly paused green card applications due to increased difficulty in the process, as reported by TOI. According to Business Insider, both companies stopped accepting PERM applications in 2023 and may not resume them soon. ...

Cisco announces workforce reduction, affecting 5% of global employees or over 4,000 jobs. Layoffs in Silicon Valley may increase as industry shifts towards artificial intelligence. Tech layoffs in late 2022 and early 2023 were significant. Cisco rep...

The reductions are not companywide and Zoom will continue to add people in 2024 in areas such as artificial intelligence, sales and engineering, said the person, who asked not to be identified discussing internal company strategy.

Last year, tech giants like Meta, Amazon, Google, and Microsoft laid off employees and saw their stock prices rise. This year, they are making smaller, targeted job cuts while focusing on key products like AI. Smaller tech startups are also slashing...

Google conducted another round of layoffs Wednesday, telling its recruiters that by the end of the day hundreds of them would be losing their jobs, three people with knowledge of the layoffs said.

Singularity could arrive in several ways. One possibility is that people would add a computer's processing power to their own innate intelligence, becoming supercharged versions of themselves. Or maybe computers would grow so complex that they could...

Artificial intelligence is roiling tech, business and politics like nothing in recent memory. Listen to the extravagant claims and wild assertions issuing from Silicon Valley, and it seems the long-promised virtual paradise is finally at hand.

CEO Frank Holding said the move would only affect "select" corporate Silicon Valley Bank positions, adding that neither employees in customer-facing jobs, nor members of a team based in India, would be impacted.

The US investment and financial services giant said in a recent earnings report that its profit dropped 20 percent in the first three months of this year amid a slowdown in mergers and acquisition advising. The global financial institution at the en...

ET spoke to employees across several startups that are now facing the heat of a funding winter and pressure from investors to rein in costs. They have seen colleagues being shown the door; some have left on their own or are on the verge of a burnout...

Reports suggest the city is struggling amid ongoing tech and coronavirus-related issues, including empty offices resulting in budget shortfalls from declining tax revenue, reduced or bankrupted mass transit, and social safety-net erosion. A report i...

The startup accelerator’s president Garry Tan informed that the shutting down of Y Combinator’s Continuity Fund would lead to laying off of 17 employees whose roles will no longer be needed.

Centralised banking was to blame, crypto advocates said. Their vision of an alternate financial system, unmoored from big banks and other gatekeepers, was better.

Tech and biotech companies have filed plans that cut at least 19,500 jobs in the Bay Area, "with no indication that the job losses have begun to abate".

Big Tech companies such as Amazon, Alphabet, Microsoft and Meta are laying off workers. But that is not true of the broader tech economy.

With an abundance of job openings after the Silicon Valley layoffs, the companies are offering remote work arrangements and opening new offices in major cities like Austin and Chicago, a potentially attractive draw for workers who don't want to move...

The U.S. West Coast has always been the main destination for ambitious software engineers looking to work in the best-paid, most elite corner of their profession, but the mass redundancies have created a pool of jobseekers that Germany is eager to t...

In announcing the layoffs to employees, executives struck notably apologetic tones, expressing regrets about overzealous expansion and rapid hiring. They pointed to economic factors, made worse by inflation and rising interest rates. But they are al...