Spotify Announces Its Third Round of Layoffs in 2023

The renowned music streaming giant Spotify, has announced a new substantial reduction in its workforce. The company has declared that it will cut its total workforce by nearly 17% – a reduction that translates to approximately 1,500 of its 9,000 employees. This

Sam Altman Returns as CEO at Open AI

OpenAI has reinstated Sam Altman as its Chief Executive Officer. This decision comes just a week after Altman was dismissed by the board of directors. The reinstatement is part of a broader restructuring that includes the formation of a new board of

Continental Announces Major Job Cuts in Automotive Division

German car parts manufacturer Continental has announced a significant reduction in its workforce as part of a comprehensive plan to bolster financial efficiency. The company aims to cut jobs worldwide in its automotive division, aligning with a strategy to save approximately 400

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