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4 May 2026
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Tag: California News

  • Technology

Snap, the Owner of Snapchat, Is Laying off About 10% of Its Global Workforce

newsblows.com2 years ago2 years ago03 mins

[ad_1] The owner of Snapchat is cutting approximately 10% of its worldwide workforce, or about 530 employees, the latest tech company to announce layoffs. Snap Inc. said in a regulatory filing that it currently estimates $55 million to $75 million in charges, mostly for severance and related costs. It expects the majority of the costs…

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  • Technology

Online Retailer EBay Is Cutting 1,000 Jobs. It’s the Latest Tech Company to Reduce Its Workforce

newsblows.com2 years ago2 years ago04 mins

[ad_1] LONDON (AP) — Online retailer eBay Inc. will cut about 1,000 jobs, or an estimated 9% of its full-time workforce, saying its number of employees and costs have exceeded how much the business is growing in a slowing economy. It marks the latest layoffs in the tech industry. CEO Jamie Iannone said in a…

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Recent Posts

  • Israel’s military vows response to Iranian attack
  • Venezuela closes embassy in Ecuador to protest raid on Mexican embassy in Quito
  • Sen. Tom Cotton doubles down on comments urging people to ‘forcibly remove’ protesters blocking traffic
  • Mexican state of Sonora closest to Arizona, bans most abortions, creating regional void
  • Arab states helped to defend Israel from Iran. Their resolve may be tested.

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Recent Posts

  • Israel’s military vows response to Iranian attack
  • Venezuela closes embassy in Ecuador to protest raid on Mexican embassy in Quito
  • Sen. Tom Cotton doubles down on comments urging people to ‘forcibly remove’ protesters blocking traffic
  • Mexican state of Sonora closest to Arizona, bans most abortions, creating regional void
  • Arab states helped to defend Israel from Iran. Their resolve may be tested.

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