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Bay Area-based tech company announces shocking layoff of nearly a quarter of its workforce

admin April 9, 2026 0 Comments

More pain for the Bay Area tech sector as another company announces layoffs — this time a staggering 23% of the workforce. The San Mateo action-based camera maker GoPro will let nearly a quarter of its workforce around the world go by the second quarter of 2026, according to a filing with the Securities and […]

Oracle cutting thousands in latest layoff round as AI spending booms

admin March 31, 2026 0 Comments

A trader works as a screen shows the logo and trading information for Oracle on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., March 9, 2026. Brendan McDermid | Reuters Software maker Oracle has started telling employees that it’s conducting a round of layoffs, two people familiar with the […]