Jack Dorsey just halved the size of Block’s employee base — and he says your company is next

Jack Dorsey has long been an open admirer of Elon Musk. Now, it seems, he may have been taking notes.

eBay to lay off 800 staff

The latest round of layoffs marks eBay’s third workforce reduction in the past three years.

TechCrunch Mobility: Waymo makes its defense

Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation.

Lucid Motors slashes 12% of its workforce as it seeks profitability

The layoffs affect hundreds of full-time workers in the US, according to an internal memo obtained by TechCrunch.

The Washington Post is retreating from Silicon Valley when it matters most

The Bezos-owned newspaper gutted its San Francisco bureau and coverage of tech — including journalists reporting on Amazon and Blue Origin

Amazon says it is laying off 16,000 employees

This is Amazon’s second layoff after the company cut 14,000 corporate jobs in October.

Pinterest to lay off 15% of staff to redirect resources to AI

Pinterest says it’s “reallocating resources to AI-focused roles and teams that drive AI adoption and execution” and “prioritizing AI‑powered products and capabilities.”

Vimeo starts layoffs after acquisition by Bending Spoons

Vimeo is in the process of laying off some of its global staff after being acquired last year by Bending Spoons for $1.38B.

Meta to reportedly lay off 10% of Reality Labs staff

Meta is laying off 10% of staff in its Reality Labs division, which is core to developing the company’s VR and metaverse products.

Meta’s VR gaming push is shrinking, and you’ll feel it

Meta’s VR gaming push is shrinking, and you’ll feel it. Reality Labs layoffs and the closure of the studios behind Resident Evil 4 and Deadpool point to fewer big exclusives for Quest owners.
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