@dhuyvetter@mastodon.socialI am so glad I am no longer working in the tech industry. It was kinda fun in the "princes of labor" era, but with all the layoffs and mow the AI race to the bottom I can’t imagine it being a good environment.
Big Tech joins the race to build the world's heaviest airplane
by @…
@Techmeme@techhub.socialFinancial stress from AI infrastructure spending, overhiring, and recession fears, rather than AI adoption, is likely driving layoffs in the tech sector (Fast Company)
https://www.fastcompany.com/91435192/chatgpt-llm-openai-jobs-amazon
@seeingwithsound@mas.to[OT] Companies are blaming #AI for layoffs. The real reason... https://medium.com/@mattlar.jari/companies-are-blaming-ai-for-layoffs-the-real-rea…
@cdarwin@c.imEmployers slashed more than 150,000 jobs in October,
the largest wave of layoffs in more than 20 years,
a report from Challenger, Gray & Christmas said Nov. 6.
From tech to Hollywood, retailers and utilities,
U.S. companies are intensifying job cuts and workforce reductions that began in 2024,
as they focus on cost savings and leaner operations amid a challenging economic environment.
Firms have pointed to a myriad of causes for their layoffs,
fr…
@Techmeme@techhub.socialSeveral Indian tech workers say they are buckling under deadline pressure and worry about layoffs, with many fearing conditions will worsen with the rise of AI (Parth Mn/Rest of World)
https://restofworld.org/2026/india-tech-workers-crisis-suicide/
@servelan@newsie.socialAnother Major Tech Company Just Announced Thousands of Layoffs
https://gizmodo.com/another-major-tech-company-just-announced-thousands-of-layoffs-2000685222
@Mediagazer@mstdn.socialLayoffs hit Vimeo for the second time since September 2025, when it laid off 10% of its workforce; Bending Spoons acquired Vimeo for around $1.38B in November (Business Insider)
https://www.businessinsider.com/vimeo-laying-off-staff-after-bi…
@cdarwin@c.imThe Italian tech holding company Bending Spoons, has developed a reputation for buying tech companies past their peak and aggressively cutting costs.
The firm acquired Evernote in 2022, followed by Meetup and WeTransfer in 2024, and AOL and Eventbrite in 2025.
Layoffs followed many of those deals. In September 2024, just months after being acquired by Bending Spoons, WeTransfer laid off 75% of its staff.
Just months after Bending Spoons bought Vimeo for $1.38 billion last ye…
@jdrm@social.linux.pizzaQué tiempos cuando todo el mundo decía que el Metaverso era lo mejor del mundo y había venido para quedarse ¿eh? https://www.theverge.com/tech/863209/meta-has-discontinued-its-metaverse-for-work-too
@hikingdude@mastodon.socialI'm just so glad that I didn't decide to rely on vimeo for hosting my videos. I got aware of peertube just at the right time.
Besides that I really wonder how bending spoons manages to continue service when firing the staff. On the other hand, maybe the systems are just well developed and thus quite robust.
@shriramk@mastodon.socialAlmost like they're chopped off the metaverse at the knees…
So visionary that they renamed and redirected the company after the wrong technology trend.
@Techmeme@techhub.socialMozilla appoints Anthony Enzor-DeMeo as its CEO amid a challenging period for Mozilla's for-profit arm with layoffs, restructuring, and its Google dependence (David Pierce/The Verge)
https://www.theverge.com/tech/845216/mozilla-ceo-anthony-enzor-demeo
@Techmeme@techhub.socialLayoffs hit Vimeo for the second time since September 2025, when it laid off 10% of its workforce; Bending Spoons acquired Vimeo for around $1.38B in November (Business Insider)
https://www.businessinsider.com/vimeo-laying-off-staff-after-bi…
@Techmeme@techhub.socialMeta will discontinue Workrooms, its VR space for workers, on February 16; Quest headsets and Horizon services will not be sold to businesses as of February 20 (Sean Hollister/The Verge)
https://www.theverge.com/tech/863209/meta-has-discontinued-its-meta…
