Netflix cuts around 300 jobs after losing subscribers

Netflix is cutting around 300 jobs today as part of a second round of layoffs. The company previously laid off around 150 employees and dozens of contractors in May. The layoffs impact “many different teams” and mostly workers in the US, though international roles are being cut as well, Netflix spokesperson Bao Nguyen said in … Read more

India’s CityMall cuts 191 jobs following $75 million fundraise in late March – TechCrunch

Social commerce CityMall, which unveiled a $75 million financing round in late March, is cutting 191 jobs, the latest Indian startup to eliminate roles as it looks to better navigate the sharp reversal in the markets. The Gurugaon-headquartered startup, which has raised over $110 million and counts General Catalyst, Norwest Venture Partners and Jungle Ventures … Read more

Microsoft to Begin Disclosing Pay for All Jobs

Microsoft will start publicly listing the pay ranges for all jobs advertised at the tech giant in the United States, the company said Thursday. “Today we’re announcing another best practice with our commitment to publicly disclose salary ranges in all of our internal and external job postings across the US, beginning no later than January … Read more

Sarah Guo joins the wave of women leaving venture jobs to launch their own funds – TechCrunch

Sarah Guo is the latest woman to depart their position at a venture capital firm with plans to launch one of their own. On Tuesday, Guo announced on Twitter and LinkedIn that she is stepping down from her position as a general partner at enterprise-focused Greylock Partners to continue investing in startups as she works … Read more

Landed founder is connecting blue-collar workers to better jobs while helping employers decrease turnover – TechCrunch

Welcome back to Found where we tell you the stories behind the startups. This week we talk to Landed founder and CEO Vivian Wang who is on a mission to connect blue-collar workers with high-quality job opportunities. Landed handles the hiring process from recruiting to vetting to setting up interviews and facilitating a feedback loop … Read more

Elon Musk Wants To Cut 10% of Tesla Jobs, Report Says

Tesla boss Elon Musk told executives on Thursday that the company must cut its workforce by 10% and pause hiring globally, according to Reuters. Musk apparently cited a “super bad feeling” about the economy as his reasoning. The electric carmaker had 99,290 employees worldwide at the end of 2021. It’s also no stranger to job … Read more

Ford to invest $3.7B in U.S. factories, add 6,200 union jobs in push to build more EVs – TechCrunch

Ford said Thursday it will invest $3.7 billion and add more than 6,200 new union manufacturing jobs in Michigan, Ohio and Missouri as part of the automaker’s plan to sell 2 million EVs a year globally by the end of 2026. The new investment will be targeted hiring union workers at factories in Michigan, Ohio … Read more

Hottest cybersecurity jobs | TechRepublic

Getty Images/iStockphoto Think you know what the hottest cybersecurity jobs are right now? Well, think again! With the rise in cyberattacks in 2021, many business organizations around the world are now beefing up their security team to respond to incidents of cyberattacks. As a result, there has been a 350% increase in global cybersecurity job … Read more