layoffs

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Pixar's Layoffs Came Days After Receiving a $26M Tax Credit
2 months ago
- Pixar received a $26.2 million California tax credit, then laid off 116 employees shortly after.
- The author wrote to Governor Newsom and state officials, arguing the tax credit program should create and retain jobs, not subsidize layoffs.
- The author calls for stronger oversight, including clawback provisions if workforce declines after receiving tax incentives.
- Pixar is not a struggling studio; its latest film 'Toy Story 5' grossed over $1 billion, and parent Disney has $94 billion in revenue.
- Pixar had already conducted layoffs in 2023 and 2024, indicating a pattern of workforce reduction despite state subsidies.
Verge interview at CES 2016
2 months ago
- The text is a note about a Verge interview with Pebble at CES 2016.
- As of 2025, it is revealed that Pebble was in disarray behind the scenes.
- The company was about to undergo layoffs and enter its final year of operation.
Monday.com lays off hundreds to focus on AI
2 months ago
- Monday.com is laying off 20% of its workforce (about 630 employees) as part of a restructuring plan.
- The company is refocusing investments around its AI Work Platform, which includes a no-code app builder, customizable AI agent, workflow automation tool, and chatbot.
- This move aligns with a broader tech industry trend where companies are cutting jobs to invest more in AI, with 78% of layoffs in 2026 attributed to AI refocusing.
- Over 122,000 tech roles have been cut so far in 2026, according to Layoffs.fyi.
- Monday.com expects to incur $45 million to $55 million in charges due to the restructuring.
Patreon laying off 20% of staff
2 months ago
- Patreon is reducing its workforce by 20%, affecting 93 teammates, in a painful decision made by the CEO.
- The company’s core business remains healthy and strong, with over 300,000 creators and steady growth in earnings and members.
- The layoff is driven by the need to adjust cost structure due to profound market changes over the past six months, not by AI replacement of humans.
- Organizational changes include flattening the structure, refocusing teams on core priorities, and increasing agility to adapt to AI-driven industry shifts.
- Departing employees receive a severance package with 16 weeks of pay, healthcare through year-end, and a $1,500 laptop stipend.
- Patreon’s strategy and roadmap remain unchanged, continuing to ship new features and improve core experiences.
Patreon Lays Off 20% of Employees as Part of 'Painful' Restructuring
2 months ago
- Patreon is laying off 20% of its employees (93 people) as part of an internal restructuring.
- Affected employees will receive at least 16 weeks of severance payments.
- CEO Jack Conte stated the core business is strong but the platform must adapt to 'profound' market changes in the creator economy.
- The restructuring includes flattening the organizational chart and refocusing on improving creator/fan experiences and audience growth.
- Conte clarified that AI is not replacing the laid-off workers, emphasizing human creativity and connection remain essential.
- This is the largest layoff since 2022, when Patreon cut 80 employees (17% of staff).
Patreon Lays Off 20 Percent of Its Workforce
2 months ago
- Patreon laid off 93 employees, 20% of its workforce, on Thursday morning, announced via email from CEO Jack Conte.
- Conte stated the business is 'healthy and strong' and the core business remains unchanged, but the company is undergoing a workforce reduction and organizational restructuring to flatten hierarchy and refocus on top priorities.
- Conte emphasized that AI is not replacing human creativity, but is transforming the tech industry and influencing how Patreon operates and organizes.
- Patreon recently partnered with Cloudflare to block AI crawlers from using creators' work to train models, as announced earlier this month.
- Laid-off employees will receive severance including 16 weeks pay, vesting through August 20, extra pay per year worked, healthcare through year-end, and a $1,500 laptop stipend.
4,500 Google Employees Sign Petition Demanding Layoff Protections
2 months ago
- Over 100 Google employees rallied at the company's Mountain View headquarters to demand job security protections.
- Union leaders delivered a petition signed by 4,500 workers to CEO Sundar Pichai and other executives, responding to widespread tech layoffs.
- Demands include guaranteed severance, elimination of performance quotas, and the option to take severance as extended paid leave.
- The union president emphasized the need for a secure work environment free from fear and job instability.
- ABC7 News has contacted Google for a response to the protest and employee demands.
Bethesda union members organise protest in response to Xbox layoffs
3 months ago
- Bethesda union members are organizing protests and strikes in response to mass layoffs by Xbox, affecting 440 developers across studios.
- Union OneBGS plans marches at multiple studio locations on July 15, asserting legal rights and protections due to unionization.
- Microsoft and Bethesda framed layoffs as a business model change, but the union demands bargaining for impacts like transfers, severance, and recall rights.

layoffs

Pixar's Layoffs Came Days After Receiving a $26M Tax Credit

Verge interview at CES 2016

Monday.com lays off hundreds to focus on AI

Patreon laying off 20% of staff

Patreon Lays Off 20% of Employees as Part of 'Painful' Restructuring

Patreon Lays Off 20 Percent of Its Workforce

4,500 Google Employees Sign Petition Demanding Layoff Protections

Bethesda union members organise protest in response to Xbox layoffs