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DeepNewz, mobile.
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Intuit and SolarEdge Technologies are among the tech companies announcing layoffs. Intuit is laying off 1,800 workers, about 10% of its staff, citing AI advancements. SolarEdge Technologies is cutting 400 jobs to improve profitability. Salesforce also cut about 300 roles as part of cost control efforts.
🚨 🗞️ SolarEdge Technologies said it would layoff 400 employees on Monday, in addition to a reduction in discretionary spending. We're unpacking these details and more in our tech company layoff tracker! https://t.co/AJYyJ303e0 #solaredge #salesforce #intuit #techlayoffs
Mountain View-based Intuit has announced that it will cut 1,800 jobs as it pivots toward AI. The company behind TurboTax and QuickBooks also seeks to hire 1,800 new people in engineering, product, and customer-facing roles. REPORT: https://t.co/DYWooY72D9 https://t.co/3kWS8eq9gM
Salesforce implemented more layoffs, cutting approximately 300 positions, following an earlier reduction of around 700 jobs at the beginning of the year. https://t.co/mYklZWkqyl