Julia Love / Bloomberg:
Research: the US tech industry shed 9,587 jobs in October, the highest since November 2020; in 2022, 104K+ startup workers have lost jobs, up from 81K in 2020 — Job cuts in the technology industry are accelerating, nearing levels seen in the early stages of the Covid-19 pandemic …
Julia Love / Bloomberg:
In NLRB complaints, the Alphabet Workers Union claims some contract workers were fired for supporting a union and faced retaliation after pushing for benefits — Contract workers at Google’s data centers allege that they were fired for supporting a union and faced retaliation after pushing …
Bloomberg:
Sources: Intel is planning major job cuts, likely in the thousands, as early as this month; some divisions, including sales and marketing, could see ~20% cuts — Intel Corp. is planning a major reduction in headcount, likely numbering in the thousands, to cut costs and cope …
Bloomberg:
Sources: SoftBank begins laying off Vision Fund employees, with cuts expected to impact over 100 people, or 20%+ of its staff, following massive losses — SoftBank Group Corp. has started laying off employees at its loss-making Vision Fund, with cuts expected to exceed 20% of its staff, according to people familiar with the matter.
Adi Robertson / The Verge:
California Governor Gavin Newsom signs AB 587 into law, requiring social networks to share moderation rules, despite concerns it may violate the First Amendment — California Governor Gavin Newsom has signed a law aimed at making web platforms monitor hate speech, extremism, harassment, and other objectionable behaviors.
Ina Fried / Axios:
Microsoft announced layoffs across multiple divisions on October 17; source: less than 1,000 jobs were cut across various levels, teams, and parts of the world — Microsoft announced layoffs across multiple divisions on Monday, Axios has confirmed. — Why it matters: The move …
Julia Shapero / The Hill:
Bari Weiss releases “Twitter Files Part Two”, sharing images of accounts that Twitter allegedly put on “blacklists” and screenshots of internal Slack messages — Former New York Times columnist Bari Weiss released the second installment of the “Twitter Files” …
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