Discord cuts 17% of workforce, latest tech company to downsize in 2024

The Discord app is seen on an iPhone in this photo illustration in Warsaw, Poland, on April 3, 2021. Jaap Arriens | NurPhoto | Getty Images Discord will lay off 17% of the company’s workforce, which equates to 170 employees, a spokesperson confirmed Thursday. The company, which provides a popular messaging service used by gamers, … Read more

Enphase Energy will lay off roughly 10% of workforce as part of restructuring plan

Igor Golovniov | LightRocket | Getty Images Enphase Energy will lay off 10% of its global workforce as part of a restructuring plan, the solar company disclosed in a regulatory filing on Monday. Enphase manufacturers microinverters that convert solar energy into usable electricity. The company’s stock is down 53% this year as high interest rates … Read more

Cruise cuts a quarter of its self-driving workforce, another e-scooter startup folds and a special year-end message

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the newsletter every weekend in your inbox. Subscribe for free. Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. … Read more

Google’s Gemini comes to more apps, Cruise slashes its workforce and Tesla issues a recall

Hey, folks, welcome to Week in Review (WiR), TechCrunch’s regular newsletter covering the major happenings in the tech-o-sphere — or most of them, anyway. As the world’s largest AI conference, NeurIPS, got underway in sunny New Orleans, Google shared more on Gemini, its flagship AI model family — and lots happened elsewhere. In this edition … Read more

GM’s Cruise laying off 900, or 24% of its workforce: Read the memo

General Motors’ Cruise on Thursday announced internally that it will lay off 900 employees, or 24% of its workforce, the company confirmed to CNBC. The layoffs, which primarily affected commercial operations and related corporate functions, are the latest turmoil for the robotaxi startup and come one day after Cruise dismissed nine “key leaders” for the … Read more

Spotify to lay off 17 percent of its workforce, at least 1,500 people

Spotify is set to cut around 17 percent of its workforce, which amounts to laying off at least 1,500 people, in the latest of multiple rounds from the company in 2023. Just days after Spotify’s biggest publicity push with its year-end Wrapped, founder and CEO Daniel Ek shared news of “organizational changes” with employees and … Read more

Spotify lays off 17 percent of workforce in latest round of job cuts

Spotify is laying off 17 percent of its employees in an attempt to cut costs, its CEO Daniel Ek announced to staff today. Based on its total headcount of 9,241 revealed during its last earnings release, the cuts are expected to impact over 1,500 people. In a memo sent to staff, Ek said slowing economic … Read more

Chinese Tesla rival Nio cuts 10% of workforce

Nio’s ET5 stands on display at the Central China International Auto Show on May 25, 2023, in Wuhan, China. Getty Images | Getty Images News | Getty Images Chinese electric carmaker Nio plans to cut 10% of its workforce amid “fierce competition,” CEO William Li said Friday. The job cuts will be completed by November. … Read more

Is Gen Z the freelance generation? The workforce appears to turn to self-employment

Taiyou Nomachi/DigitalVision/Getty Images There are always stark generational differences in how workers define their career goals and prepare for challenging times. For the younger generation of workers in 2023, this looks like self-employment and freelance work: 64% of Americans under 35 reportedly already freelance or plan to. According to an Unconventional Jobs Survey by Collective, … Read more