Technology

Latest Technology Layoffs News & Data

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Latest Technology Layoffs Data & News

January 2024

Company:  Google

Headquarters: Mountain View, California, United States

Number of People: 1000

Google has confirmed laying off over 1,000 employees in its hardware, voice-assistance, and engineering teams as part of cost-cutting measures, according to the Alphabet Workers Union.

January 2024

Company:  Apple

Headquarters: Undefined, New Zealand

Number of People: 121

Apple is consolidating its AI team on one campus in Austin, Texas. The current 121-person team at San Diego, California, has been asked to either relocate, find a new role in the company, or prepare to get laid off

January 2024

Company: Unity Software

Headquarters: San Francisco, California, United States

Number of People:  1800

San Francisco-based Unity Software is laying off 1,800 employees, or approximately 25% of employees, the tech giant revealed in a filing with the Securities and Exchange Commission.

January 2024

Company: Discord

Headquarters:  San Francisco, California, United States 

Number of People: 17% of Workforce

Discord cuts 17% of the workforce or 170 employees., joining the growing list of tech companies downsizing to start 2024.

 January 2024

Company:  Cloud Software Group

Headquarters: Palo Alto, California, United States

Number of People:  12% of Workforce

Cloud Software Group, the parent of cloud vendor Citrix, has laid off about 12 percent of its workforce as part of streamlining the company – with some of those laid-off employees expected to get hired by partners.

How can you benefit from the Tech Layoff Data?

Investment & Trading:

Make informed decisions about buying, selling, or avoiding technology stocks based on the implications of job cuts for such companies’ profitability and market position.     

Revenue Forecasting:

Layoffs typically result in changes in decision-making and budgets. Power your revenue forecasting models with the latest layoff data about your technology customers and prospects to predict revenue from them.

Identify Churn Risks:

Layoffs in the technology sector are signals for downgrades and decreased usage and consumption of products and services. Identify customers’ churn signals proactively.

Market Research & Intelligence:

Use the latest layoff data in tech companies to identify employment trends in the sector for market research and market intelligence activities.

Employment Trends:

By tracking layoffs over time in the tech sector, companies can identify trends in the labor market. This information can be used to predict future layoffs and develop strategies to mitigate their impact. 

Hiring/ Recruitment:

Hire highly skilled talent from technology companies that announced layoffs. This targeted approach can be especially effective for companies with unique hiring needs.

Why Subscribe to Intellizence Technology Layoff Dataset?

AI-Powered Platform:

The Intellizence company intelligence platform is powered by cutting-edge Natural Language Processing and Machine Learning technologies that curate layoff data from multiple external sources. Every record is human-audited for data integrity.

Delivered in Near Real-time:

Intellizence monitors thousands of sources in real-time for any latest layoff announcements from various unstructured external sources and delivers layoff data in a structured format.

Comprehensive Coverage:

Intellizence curates the data from news, press wires, and WARN notices to ensure comprehensive coverage. The intellizence layoff dataset covers data from Technology and all other emerging and established industries.

Multiple Delivery Channels

The layoff news is delivered through multiple channels – Web Platform, Email Alerts, Slack, CRM, and ChatGPT Plugin. We offer API to power your applications and models with real-time layoff news and data. 

One-Stop Data Provider for Company Signals

In addition to Layoff News & Data, Intellizence offers curated news on 80+ company signals and structured datasets – Startup Funding, Mergers & Acquisitions, Business Expansion, Major Hiring, CXO Appointments & Changes, and Data & Security Breaches.

More about Tech Layoffs Dataset:

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