A mystery has been brewing in a small ranching town on Hawaii's Big Island. Word has it that Salesforce CEO Marc Benioff bought the land, stirring worries about what he plans to do with it.
In a memo addressed to staff, CEO Daniel Ek said it was necessary for the company to "rightsize" after hiring too many people during 2020 and 2021. Roughly 1,500 workers are likely to be let go.
After Wisconsin mom Annie McGrath's teenage son died in a YouTube blackout challenge, she confronted shareholders at an annual meeting of its parent company.
Amazon began layoffs, reportedly affecting as many as 10,000 employees. That follows job cuts at Meta, Twitter, and Stripe, with CEOs citing economic uncertainty and a slowdown in online ad buying.