#Epic Games is #layingoff over 1,000 #employees due to a decline in #Fortnite engagement and revenue. The company is also shutting down several Fortnite modes and has faced financial challenges, including a $1 billion loss after being removed from the #iOS #appstore. https://www.forbes.com/sites/paultassi/2026/03/24/fortnite-financial-loss-leads-to-over-1000-layoffs-at-epic/?eicker.news #tech #media #news
‘Fortnite’ Financial Loss Leads To Over 1,000 Layoffs At Epic

Epic Games will lay off over 1,000 employees as of today and gave a frank explanation as to why: the decline of Fortnite.

Forbes

“Software giant #Atlassian has announced it is #LayingOff about 10% of its #workforce, or roughly 1,600 positions, and replacing its chief technology officer as it restructures to invest further in #ArtificialIntelligence.

More than 900 affected positions were involved in #SoftwareResearch and development, a spokesperson said. Most of Atlassian’s #employees work in #SoftwareEngineering and #design, accounting for over 50% of its 13,813 full-time workforce in June 2025.

About 640 affected employees are in #NorthAmerica, 480 in #Australia and 250 in #india with the remainder spread across #Japan, the #Philippines, #Europe, the #MiddleEast and #Africa, according to the spokesperson.”

A reminder this company was created in #java by a bunch of “Blub programmers” 🤪😣🤣

#WhiteCollar / #ZeroHourWork / #Entrepreneurs / #Straya / #AI / #SaaS / #software <https://theguardian.com/technology/2026/mar/12/atlassian-layoffs-software-technology-ai-push-mike-cannon-brookes-asx>

‘Devastating blow’: Atlassian lays off 1,600 workers ahead of AI push

Layoffs to affect 10% of workforce amid Australian company’s restructuring plan to push into artificial intelligence and enterprise sales

The Guardian
Atlassian lays off 10% of its global workforce and attributes the cut to the 'AI era'

Atlassian said on Wednesday that it's cutting about 1,600 jobs as the company restructures to focus on enterprise growth and the 'AI era.'

Business Insider

@technology-thenewsdesk @thenewsdesk because #capitalism incentivizes it!

  • #LayingOff people used to be deemed bad as in 'company doesn't have enough revenue/profit/customers to not have #paychecks bounce', but everytime such #JobCuts get rewarded with a spike in #SharePrice and not penalized with a loss in share price, it gets normalized!
Verizon is laying off over 13,000 workers

Verizon job cuts affect around 13% of its total workforce

TechRadar
Meta Reportedly Laying Off Hundreds From Its AI Team

Surely, this time, they'll finally get it right.

Gizmodo
#Microsoft is #layingoff approximately 9,000 #employees, affecting less than 4% of its global workforce: This is part of a larger trend of layoffs in the #softwareindustry, with companies like Autodesk, Chegg, and CrowdStrike also reducing their headcount. https://www.cnbc.com/2025/07/02/microsoft-laying-off-about-9000-employees-in-latest-round-of-cuts.html?eicker.news #tech #media #news
Microsoft laying off about 9,000 employees in latest round of cuts

Microsoft surpassed expectations on revenue and profit but is slimming down across ranks, organizations and geographies.

CNBC
Meta is laying off employees at WhatsApp, Instagram, and more

This new round of job cuts follows the company’s massive layoffs in 2022 and 2023. Employees working on WhatsApp, Instagram, Reality Labs, and more are impacted.

The Verge
TikTok is laying off dozens of workers as the tech industry continues to shed jobs in the new year

TikTok is laying off dozens of workers in its advertising and sales unit, becoming the latest tech company to trim roles in the new year.

Tech Xplore