MakerBot, the 3D printing company based off Brooklyn just kicked off 20 percent of it’s staffs as a part of restructuring the company after it become a subsidiary of 3D printing giant Stratasys in 2013. 20 percent of its staff would equate to roughly 100 employees. The new CEO Jonathan Jaglom signed the order for the cut down. “It’s about ... Read More »
IBM Layoffs – IBM has slowly and silently started laying off its employees worldwide according to a report. IBM said back in April it has plans to shrink its work force and spend $1 billion on severance and other costs to get there. But Laurence Balter, an analyst at Oracle Investment Research says that this would add up to somewhere ... Read More »
MySpace, the ex-social networking site has been taking the fall ever since the launch of Facebook. It did nothing to rebound and looks like its going through a very tough time now. MySpace just fired almost 50% of its employees worldwide! Struggling entertainment site MySpace said Tuesday that it is cutting nearly half of its staff worldwide, or about 500 ... Read More »
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