Astra conducts layoffs, raises debt and shifts focus to spacecraft engines in bid to survive
Struggling space company Astra is cutting 25% of its workforce and restructuring to focus more on its spacecraft engine business.
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Layoffs
Amazon lays off some employees in its Pharmacy unit
Amazon has laid off a "small number" of employees in its Pharmacy division, the company confirmed to CNBC. Source link
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Pokemon Go maker Niantic lays off 230 employees, cancels games
Niantic, a San Francisco-based mobile games developer, announced it would lay off 230 employees as part of a reorganization. Source
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Layoffs hit Colorado space companies as funding remains tight
The layoffs came at Ursa Major, which makes rocket engines, and Orbit Fab, a startup aiming to provide refueling services
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Walt Disney’s Pixar targets ‘Lightyear’ execs among 75 job cuts
Walt Disney's Pixar Animation Studios has eliminated 75 positions including those of two executives behind the box office disappointment "Lightyear." Source
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After hitting new heights during the pandemic, PayPal has struggled in the market. Here’s what’s killing the company’s stock growth
PayPal lost all of the gains it made over the pandemic just within a year Source link
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Facebook parent company, Meta, begins new round of layoffs with tech employees
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These are the tech jobs most threatened by ChatGPT and A.I.
Workers are already worried about layoffs in tech. Now artificial intelligence chatbots like ChatGPT are amplifying those fears. Source link
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Best Buy lays off hundreds of store employees as shopping trends shift
Best Buy said Friday that it is laying off hundreds of store workers as more of its shoppers buy online
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