TikTok cuts about 60 jobs as January layoffs continue across tech

TikTok Music has launched on Wednesday in Australia, Singapore and Mexico to a small group of users. Jaap Arriens | Nurphoto | Getty Images TikTok has cut about 60 jobs, CNBC confirmed, the latest tech company to downsize at the start of 2024. A company spokesperson said all of those who were laid off “may … Read more

Amazon layoffs hit its Buy with Prime unit

A worker delivers Amazon packages in San Francisco on Oct. 5, 2022. Bloomberg | Bloomberg | Getty Images Amazon is laying off some employees in its Buy with Prime unit, the company confirmed, as it continues to look for ways to trim costs. The cuts affect fewer than 5% of staff in the Buy with … Read more

Company to cut 15% of workforce

Signage is displayed outside the Xerox headquarters in Norwalk, Connecticut. Michael Nagle | Bloomberg | Getty Images Xerox on Wednesday announced it will cut 15% of its workforce as part of a plan to implement a new organizational structure and operating model. Xerox, which offers digital printing and document management technologies, had about 20,500 employees … Read more