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Tesla lays off more staff in software, service teams, Electrek reports
Thehindubusinessline
·
1y ago
Medial
Electric vehicle manufacturer Tesla has reportedly carried out a new round of layoffs, targeting employees in software, service, and engineering departments. This move follows the recent disbandment of its EV charging department and the announcement of a 10% reduction in its global workforce. Tesla has not yet commented on the news. The company has been facing challenges due to dropping sales and increased competition in the market, resulting in a slower adoption of electric vehicles. The layoffs are expected to cost Tesla more than $350 million in the second quarter and have also led to the departure of several top executives.
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Zopper lays off 100 employees amid cost-cutting measures
Inshorts
·
3m ago
Medial
An insurance-focused SaaS startup, Zopper, has laid off approximately 100 employees in 2025. The latest round occurred in April, affecting around 50 members of the tech and product teams. Earlier this year, the company also dismissed 20 employees from these teams and its entire 40-person insurance staff. The layoffs are reportedly part of ongoing cost-cutting measures.
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Google lays off hundreds of employees in Android, Pixel Group: Report
Economic Times
·
3m ago
Medial
Alphabet's Google has laid off hundreds of employees in its platforms and devices unit, which focuses on Android software, Pixel phones, and the Chrome browser. The decision, reported by The Information, reflects ongoing adjustments within the tech giant. This development highlights Google's strategic shift and resizing of its workforce in the highly competitive technology sector, impacting teams involved with prominent product lines such as Android and Chrome.
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Open source Arm competitor SiFive lays off 20% of staff
Economic Times
·
1y ago
Medial
Open-source Arm competitor SiFive lays off 20% of staff. SiFive, a startup that designs and manufactures chips based on the open-source RISC-V architecture, has laid off 20% of its employees amid uncertain market conditions. The company, which has raised more than $190 million in funding, cited macroeconomic factors and market volatility as reasons for the layoffs. SiFive's RISC-V processors are used in a variety of applications, including artificial intelligence and autonomous vehicles.
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AI fraud detection software maker Inscribe.ai lays off 40% of staff
TechCrunch
·
1y ago
Medial
Inscribe, an AI-powered fraud detection software provider, has laid off approximately 40% of its staff due to missing revenue goals for over a year. The San Francisco-based startup confirmed the headcount reduction, stating that advancements in AI in the financial services industry led to a pivot in the company's product strategy. Inscribe aims to align with industry shifts and plans to launch a new product later this year. The company had previously raised $38 million in funding and expected to double its workforce in the next 12 to 18 months.
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Unacademy lays off 250 employees
Inshorts
·
1y ago
Medial
Edtech unicorn Unacademy has laid off 250 employees across several departments, media reports said. Around 100 laid-off employees were from core functions like marketing, business and product, while the rest were from sales. "As part of our ongoing efforts to streamline operations and enhance business efficiency, we have recently undergone a restructuring exercise," an Unacademy spokesperson said.
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Ola Krutim to build leaner teams, lays off 100 employees: Report
YourStory
·
11d ago
Medial
Ola Krutrim, led by Bhavish Aggarwal, laid off over 100 employees, primarily from its linguistics team, to create leaner, more agile teams. This move follows strategic realignment and a commitment to efficient capital deployment. The layoffs occurred after the launch of the Kruti AI assistant and were influenced by changing company priorities and external factors, including funding delays and reduced investor interest. Krutrim also recently acquired BharatSah’AI’yak, integrating Samagra’s AI team.
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a16z-backed fintech Synapse lays off 40% of its staff
TechCrunch
·
1y ago
Medial
Banking-as-a-service startup Synapse has laid off 86 employees, constituting around 40% of its workforce. The San Francisco-based company, which provides a platform for banks and fintech companies to develop financial services, confirmed the layoffs in an email statement. Synapse had previously announced a smaller round of layoffs in June, citing the impact of macroeconomic conditions on its clients and platforms. The company's latest layoff news follows reports suggesting that one of its major clients, Mercury, plans to move to Evolve and terminate their contract with Synapse. Synapse has previously raised around $50 million in venture capital funding.
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Car safety experts at NHTSA, which regulates Tesla, axed by DOGE
Arstechnica
·
4m ago
Medial
Job cuts at NHTSA, prompted by Elon Musk's Department of Government Efficiency, heavily impacted staff focused on self-driving technology, hindering oversight as Tesla pushes for its Full Self-Driving software. The dismissal of key personnel raises concerns over potential conflicts of interest, given Tesla's need for regulatory exemptions. The cuts could impede NHTSA's capacity to understand and regulate autonomous vehicles, affecting Tesla's plans for a driverless ride-hailing service and autonomous "cybercabs."
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Tech layoffs in January 2024: CEO fires the whole company over 2-minute call; Google, Microsoft, Amazon continue layoffs; job cuts at TikTok, Flipkart, Swiggy, and others
Startup News FYI
·
1y ago
Medial
In January 2024, several tech companies implemented job cuts. Frontdesk fired all 200 employees during a two-minute call, Google laid off hundreds of staff across various divisions, Microsoft cut 1,900 jobs, Amazon announced layoffs in Audiobooks, Prime Video, and Twitch divisions, Xerox reduced its workforce by 15%, Unity Software cut 1,800 jobs, Discord laid off 17% of its employees, eBay cut 1,000 jobs, Flipkart laid off 1,000 employees, Swiggy laid off 400 employees, Riot Games cut 11% of its staff, TikTok laid off 60 workers, and Salesforce announced 700 job cuts.
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Google lays off employees from key teams ahead of developer conference: report
Economic Times
·
1y ago
Medial
Google has reportedly laid off employees from its Flutter, Dart, and Python teams as part of its efforts to become more efficient and prepare for future opportunities. The layoffs were not company-wide, and impacted employees have the option to apply for other roles within the company. This comes after previous layoffs in Google's real estate and finance departments, and a focus shift towards building artificial intelligence capabilities. The company plans to simplify its structures and reduce bureaucracy to prioritize innovation and company goals.
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