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The online marketplace will lay off about 1,000 full-time employees, part of efforts to boost performance at a time of rising competition and softer consumer spending. The online marketplace will lay off about 1,000 full-time employees, part of efforts to boost performance at a time of rising competition and softer consumer spending. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink…

The latest tech giant impacted by the economy is eBay, which announced earlier today that it is reducing its workforce by around 1,000 roles. That apparently equates to roughly 9 percent of the company's full-time employees. US employees are asked to work from home on January 24, and those affected will be notified "shortly." Unlike Discord and Riot Games, though, eBay's post stopped short at sharing severance or benefit details. The company also plans to scale back the number of contractors over the coming months.eBay's…

Credit: Unsplash/CC0 Public Domain Dr. David Drewery is the associate director of the Work-Learn Institute—a research, education and consulting unit at the University of Waterloo that advances work-integrated learning programs for employers and higher education institutions. His current research investigates how employers can connect with Gen Z's work…

Earlier today, Riot Games announced that it is eliminating 530 roles globally, which make up about 11 percent of its workforce. The company publicly delivered this devastating news in two separate posts — one for players, and another for "Rioters," with the latter detailing severance package and some other benefits to treat the dismissed employees "with respect and grace."Additionally, Riot Games shared that it is sunsetting its publishing label, Riot Forge, which has worked on six titles — including Bandle Tale: A League…

Two video game companies CI Games and Behaviour Interactive have laid off several employees due to the tough market conditions, the media reported.According to the company, Poland-based CI Games has laid off nearly 10% of its workforce across the entire company, while Canada-based Behaviour Interactive reduced about three% of its workforce, GamesIndustry.biz reported.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIndian School of BusinessISB Product ManagementVisitIndian School of…

BMW will soon welcome a new robot into its workforce at one of its plants. The robot in question is Figure 1, a robot designed and created by Figure to learn jobs and complete them. The robot has seen some great success learning how to do little jobs, like making coffee, and it will soon start working alongside BMW’s workforce to build automotive vehicles (via New Atlas).Figure unveiled the first of its humanoid robots back in October, garnering quite a bit of intrigue with what it planned to do from there on.…

Thunderful Group, a company group that includes the developer behind SteamWorld Build, and publishers of a huge number of indie games, has announced a restructuring that will see around 20% off its staff laid off.2023 was a terrible year for layoffs in the games industry, and less than a month in, 2024 is already following a similar trend, with major layoffs at both Discord and Twitch in the last week. Just the latest company to announce impending layoffs, Thunderful Group is a Swedish company whose…

CEO of Citigroup Jane Fraser testifies during a hearing before the House Committee on Financial Services at Rayburn House Office Building on Capitol Hill on September 21, 2022 in Washington, DC.Alex Wong | Getty ImagesCitigroup said it was cutting 10% of its workforce in a bid to help boost the embattled bank's results and stock price.About 20,000 employees will be let go over the "medium term," New York-based Citigroup said Friday in a slideshow tied to fourth-quarter earnings. While it wasn't immediately clear how long…

Amazon-owned online audiobook and podcast service Audible is laying off about 5% of its workforce, marking the third round of job cuts at the ecommerce giant's businesses this week as the technology industry continues to shed roles in the new year. In a memo sent to employees Thursday, Audible CEO Bob Carrigan said the company is in good shape, but faces an "increasingly challenging landscape." "We did not take this route without considerable thought," Carrigan said. "But getting leaner and more efficient is the way we…

Emma Nelson | Star Tribune (TNS) For most of her career, Felicia Krick worked from the office every day, sometimes logging 80 hours a week as a public accountant. Then the pandemic hit, the world shut down, and she caught a glimpse of a different life. “Remote work, for me, really became a saving grace where I could continue to go after my career goals, but I could also be a little bit more present with my family,” the 36-year-old mother of four said. “And so just the rumblings of, ‘Hey, we’re going back to the office,…