The company emphasised that this decision was made after extensive deliberation, aiming to ensure the stability and support of its developers and ongoing projects
Read MoreThis funding more than doubled Cohere's valuation to $5.5 billion compared to last year
Read MoreThis marks another wave of layoffs at the company, which parted ways with 2,700 employees in 2023
Read MoreA leader from the now-disbanded team expressed strong criticism of the decision in an email sent to thousands of Microsoft employees, arguing that the team's work is now considered non-essential
Read MoreOut of these, over 1,000 employees being let go were not meeting the company's heightened performance expectations
Read MoreThe job cuts, which account for about a quarter of Dyson's UK workforce, are part of a broader strategy to streamline its global operations
Read MoreEarlier in 2024, the company cut 2,000 jobs in its gaming division
Read MoreAn unnamed employee of the company told the publication, “I started crying at the meeting. I told them that I was willing to work even at a lower salary and designation.”
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