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Spotify to cut 17% of workforce, CEO says

(NEW YORK) -- Spotify plans to cut about 17% of its staff, CEO Daniel Ek said Monday."To be blunt, many smart, talented and hard-working people will be departing us," Ek said in a note to staff posted on the company's website.The layoffs at the... Read More.

Roku to slash 200 jobs, amounting to 6% of workforce

(NEW YORK) -- Roku plans to lay off another 200 workers, or 6% of its workforce, the video-streaming company said in a government filing on Thursday, just months after a prior round of layoffs in the fall that slashed 200 jobs.The company's revenue surged... Read More.

Google to cut 12,000 jobs from global workforce

(NEW YORK) -- Alphabet Inc., the parent company of Google, said Friday that it will cut about 12,000 jobs from its global workforce, affecting approximately 6% of the company's employees."I have some difficult news to share," Google's CEO Sundar Pichai wrote in an email... Read More.