Focue Provides the Latest and Most Up-to-Date News, What You Focus On is What You Get.
⎯ 《 Focue • Com 》
LinkedIn becomes latest tech company to conduct layoffs
LinkedIn becomes latest tech company to conduct layoffs
LinkedIn, the business-focused social media platform owned by Microsoft, announced on Monday it would be reducing its workforce by approximately 668, becoming the latest tech company to conduct mass layoffs. “Talent changes are a difficult, but necessary and regular part of managing our business,” the company wrote in a blog post adding that the changes were a result of adapting organisational structures and streamlining decision-making. The company said the roles being cut span across engineering, product, talent and finance teams. “We are committed to providing our full support to all impacted employees during this transition and ensuring that they are treated with care and respect,” LinkedIn wrote. This round of layoffs comes just months after LinkedIn laid off 716 employees in May citing a change in their Global Business Organization. In the first half of this year, tech companies like Microsoft, Google, Meta and Amazon saw massive layoffs in part because the sector struggled to keep up with salary maintenance while revenue slowed down. In January, Microsoft announced it would be reducing its workforce by 10,000 following a report showing company growth was at its slowest in six years. Part of that included advertising revenue that performed worse than expected. Microsoft’s advertising revenue partially comes from LinkedIn which makes money from ads on the platform in addition to users who pay a premium membership subscription fee. Though LinkedIn saw revenue and website membership growth over the last year, it is slower than in previous years. In Q4 of 2023, the company’s revenue increased 5 per cent year-on-year – a drop from the previous quarter at 10 per cent. The company also laid off 716 workers in May, after growing massively during the pandemic. Around 40% of LinkedIn’s almost 20,000 workers were hired during the pandemic. The cuts affect approximately 3 per cent of the total workforce at LinkedIn. The company has an estimated 21,000 employees – around 40 per cent of those workers were hired during the pandemic, according to The San Francisco Chronicle. Read More Who is hit hardest by Big Tech job cuts? Cooks and janitors Microsoft spent two years trying to buy Activision Blizzard. For Xbox CEO, that was the easy part IRS says Microsoft may owe more than $29 billion in back taxes; Microsoft disagrees
2023-10-17 04:27
Bitcoin gives up gains after BlackRock denies ETF approval report
Bitcoin gives up gains after BlackRock denies ETF approval report
By Tom Wilson, Elizabeth Howcroft and Hannah Lang LONDON/WASHINGTON (Reuters) -Bitcoin rose suddenly on Monday, before giving up nearly all
2023-10-17 04:22
Medical imaging struggles to read dark skin. Researchers say they've found a way to make it easier
Medical imaging struggles to read dark skin. Researchers say they've found a way to make it easier
Traditional medical imaging -- used to diagnose, monitor or treat certain medical conditions -- has long struggled to get clear pictures of patients with dark skin, according to experts.
2023-10-17 04:20
Hamas' social media following has skyrocketed since its attack. America is powerless to stop it
Hamas' social media following has skyrocketed since its attack. America is powerless to stop it
Hamas is barred from most social media platforms. But its following has surged on popular messaging app Telegram since its October 7 terror attack on Israel.
2023-10-17 03:53
Adobe previews new AI and 3D editing innovations -- including an animated dress
Adobe previews new AI and 3D editing innovations -- including an animated dress
Photo-editing software maker Adobe unveiled a slew of new AI-powered tools and features last week at its annual Max event, including a dress that transforms into a wearable screen and streamlined ways to delete elements from photos.
2023-10-17 00:49
France and Germany Urged to Reach Nuclear Agreement as Clock Ticks Down
France and Germany Urged to Reach Nuclear Agreement as Clock Ticks Down
Time is running out for France and Germany to resolve their dispute over the role of nuclear power
2023-10-17 00:10
Scientists discover that people who live past 90 have key differences in their blood
Scientists discover that people who live past 90 have key differences in their blood
Centenarians have become the fastest-growing demographic group in the world, with numbers approximately doubling every 10 years since the 1970s. Many researchers have sought out the factors and contributors that determine a long and healthy life. The dissolution isn't new either, with Plato and Aristotle writing about the ageing process over 2,300 years ago. Understanding what is behind living a longer life involves unravelling the complex interplay of genetic predisposition and lifestyle factors and how they interact. In a recent study published in GeroScience, researches have unveiled common biomarkers, including levels of cholesterol and glucose, in people who live past 90. The study is one of the largest that has been conducted in this area, comparing biomarker profiles measured throughout life among those who lived to be over the age of 100 and their shorter-lived peers. Data came from 44,000 Swedes who underwent health assessments at ages 64-99. These participants were then followed through Swedish register data for up to 35 years. Of these people, 2.7 percent (1,224) lived to be 100 years old. 85 percent of these centenarians were female. The study's findings conduced that lower levels of glucose, creatinine - which is linked to kidney function and uric acid, a waste product in the body caused by the digestion of certain foods - were linked to those who made it to their 100th birthday. The findings suggest a potential link between metabolic health, nutrition, and exceptional longevity. In terms of lifestyle factors, the study didn't allow for any conclusions to be made, but the authors of the study added that it's reasonable for factors such as nutrition and alcohol intake play a role. Overall, the fact that differences in biomarkers could be observed a long time before death suggests that genes and lifestyle play a role, but of course, chance likely has an input too. Sign up to our free Indy100 weekly newsletter Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.
2023-10-16 23:53
Global smartphone market slumps to lowest Q3 level in decade - Counterpoint
Global smartphone market slumps to lowest Q3 level in decade - Counterpoint
The global smartphone market contracted by 8% to its lowest third-quarter level in a decade on subdued demand
2023-10-16 23:26
Most Wall St brokerages upbeat on Instacart on e-grocery shopping potential
Most Wall St brokerages upbeat on Instacart on e-grocery shopping potential
By Savyata Mishra Most Wall Street brokerages, including J.P.Morgan and Piper Sandler, kicked off coverage on Instacart with
2023-10-16 22:58
Micron Stock Can Rise 22% as Chip Prices Surge, Says Analyst
Micron Stock Can Rise 22% as Chip Prices Surge, Says Analyst
Citi Research analyst Christopher Danely sees shares of memory-chip maker Micron reaching $85.
2023-10-16 20:05
World’s Biggest Fusion-Energy Project Searches for Lost Memory
World’s Biggest Fusion-Energy Project Searches for Lost Memory
The executive in charge of the world’s biggest fusion-energy experiment is trying to rehire retired engineers, who possess
2023-10-16 18:55
Microsoft Is Analyst’s ‘Highest Conviction Stock.’ Businesses Seem Interested in Copilot.
Microsoft Is Analyst’s ‘Highest Conviction Stock.’ Businesses Seem Interested in Copilot.
The Copilot AI-based assistant software is scheduled to be generally available to enterprise customers on Nov. 1.
2023-10-16 18:14
«73747576»