Salesforce decided to make less than 1,000 employees redundant earlier this week after it saw a decline in custom from small and medium-sized businesses, predominantly in North America and Europe.
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Mark Zuckerberg has told executives in a meeting on Tuesday that layoffs will begin on Wednesday morning. Thousands of jobs are expected to go. Four months of salary will be paid as severance.
The ride-hailing firm, Lyft, has announced it's cutting 13% of jobs. It said it needs to become leaner as a recession looms and insurance costs rise. The cuts will affect more than 650 people.
Calm is the latest technology company to announce that it's laying off some of its employees. The firm decided to cut 20% of jobs after it saw a 30% decline in app downloads over the last year.
A new report by Oxford Economics states that 20 million manufacturing jobs will be wiped out by 2030 worldwide. New jobs to fill those are likely to be created but could involve retraining.
In a statement, Elon Musk, CEO of Tesla, announced that the firm would be laying off around 3,000 workers, or 7% of its workforce. Help for those being sacked wasn't detailed by Musk.
The Bank of England's chief economist has warned that the UK faces having swathes of technologically unemployed people and stated that they will need to upskill in order to stay employable.
Facebook has announced that a job hunting tool, that it launched in the U.S. and Canada last year, will arrive in 40 countries soon. The tool lets potential employees get connected to businesses.
Employment isn't always easy to find, but Facebook is trying to change that. The giant social network has partnered with numerous entities to bring the hunt to the News Feed.
Google announced plans to downsize Motorola Mobility's workforce on Sunday, with the intention of cutting down the workforce by 4,000 employees.