Etsy: Online marketplace lays off 11% of staff to cut costs
CEO Josh Silverman tells staff the cuts are needed as sales have been “essentially flat” for two years.
CEO Josh Silverman tells staff the cuts are needed as sales have been “essentially flat” for two years.
Amazon continues to trim its headcount after a year of mass layoffs. Beginning at the end of 2022 and continuing through 2023, Amazon initiated the largest layoffs in its history, cutting more than 27,000 jobs across almost every area of the company. Team, We’ve taken significant steps towards our long-term vision of making Prime Video…
Aerial view of Tesla vehicles waiting to be loaded on board a roll-on-roll-off cargo vessel at Nangang port on September 6, 2023 in Shanghai, China. Vcg | Visual China Group | Getty Images Tesla is recalling more than 1.6 million cars in China to fix problems with Autopilot features and locks, state regulators announced Friday….
Police in San Francisco arrested a suspect on Thursday morning over last week’s stabbing death of Cash App creator and fintech pioneer Bob Lee, authorities said. San Francisco Police Chief Bill Scott told reporters at an afternoon news conference that Nima Momeni, 38, was arrested at his home in Emeryville, a suburb between Oakland and…
Hackers were able to gain access because some customers reused old passwords, biotech company 23andMe said.
Apple appeals ban on U.S. sale of its newest versions of Apple Watch – CBS News Watch CBS News Apple is appealing a ban on the U.S. sales of its newest models of Apple Watches, the Series 9 and Ultra 2, amid an ongoing patent dispute. Medical device maker Masimo claims Apple’s blood oxygen technology…
The Biden administration needs to take stronger action to stem China’s growing dominance in making older-generation microchips that are essential across several U.S. industries, according to the bipartisan leaders of a House of Representatives panel. The lawmakers’ call for new efforts, including potential tariffs, is intended to counteract an overreliance on China for less-advanced chips,…