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.
Similar Posts
Big Tech not done with layoffs as Google, Amazon announce cuts in 2024
Comment on this storyComment Add to your saved stories Save SAN FRANCISCO — The wave of layoffs that has broken over Silicon Valley in the past two years isn’t over. On Wednesday, Google confirmed it had cut hundreds of engineering and hardware workers as it sought to cut costs and refocus on artificial intelligence. The…
Nintendo is expected to launch the ‘Switch 2’ console this year. Here’s what to expect
Nintendo said domestic sales of Splatoon 3 hit a record in the first three days of the game being on sale. Splatoon 3 proved to be a hit in Japan, helping keep momentum for Nintendo’s ageing Switch console. Philip Fong | AFP | Getty Images Nintendo is likely to release a new Switch console this…
Coinbase is planning a pivotal acquisition that will allow it to launch crypto derivatives in the EU
LONDON, ENGLAND – NOVEMBER 09: In this photo illustration, a flipped version of the Coinbase logo is reflected in a mobile phone screen on November 09, 2021 in London, England. The cryptocurrency exchange platform is to release its quarterly earnings today. (Photo illustration by Leon Neal/Getty Images) Leon Neal | Getty Images News | Getty…
Ukraine war: How TikTok fakes pushed Russian lies to millions
When we reported our findings to TikTok, a spokesperson said: “We constantly and relentlessly pursue those that seek to influence our community through deceptive behaviours, and we have removed a covert influence operation originating from Russia, as part of an investigation initiated by TikTok and to which the BBC has contributed.”
Chuck E. Cheese Still Uses Floppy Disks To Make Its Rodent Mascot Dance — For Now
Of the over 600 Chuck E. Cheese locations worldwide, fewer than 50 restaurants still have the quarter-century–old “Studio C” layout of animatronics that uses these floppy disks. Other restaurants have a version of the show that uses contemporary tech, while some have no animatronics at all. (Ars Technica has a story about Chuck E. Cheese’s…
Microsoft briefly outshines Apple as world’s most valuable company
Microsoft, Google integrate AI into products Microsoft, Google integrating more AI into products 03:20 Microsoft briefly dethroned Apple as the world’s most valuable company, as its foray into generative AI continues to push up its stock price. The software giant’s stock on Thursday jumped as much as 2%, putting the firm’s market valuations at $2.903…
