23andMe announced on Monday it would cut 40% of its workforce, representing more than 200 employees, as part of a restructuring at the company. The genetic testing company is also discontinuing its therapeutics business and winding down its clinical trials; it expects these changes to save $35 million annually. “We are taking these difficult but […]
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This is the second layoff at Mozilla this year, the first affecting dozens of staff on the side of the organization that builds the popular Firefox browser.
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The CEO of AI search company Perplexity, Aravind Srinivas, has offered to cross picket lines and provide services to mitigate the effect of a strike by New York Times tech workers. The NYT Tech Guild announced its strike Monday, after setting November 4 as its deadline months earlier. The workers represented provide software support and […]
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The CEO of AI search company Perplexity, Aravind Srinivas, has offered to cross a virtual picket line and provide services during a strike by New York Times tech workers. The NYT Tech Guild announced its strike Monday, having said for months that this was the deadline. “But the company has decided that our members aren’t […]
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Dropbox is letting go 20% of its workforce as the cloud company undergoes what CEO Drew Houston calls a “transitional period.” In a letter to staff, Houston said that the reduction in headcount would impact 528 people. “As CEO, I take full responsibility for this decision and the circumstances that led to it, and I’m […]
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Rental car startup Kyte, which bills itself as the “best alternative to Hertz,” is pulling out of almost all of its major markets in the United States and has cut its workforce roughly in half in a bid to survive after exploring a sale earlier this year. The company is shrinking its operations to focus […]
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