News & Analysis as of

Layoffs Technology Sector

Fisher Phillips

How the Trump 2.0 Immigration Policy Will Impact Tech Employers

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The breakneck speed with which the new Trump administration has implemented changes to the nation’s immigration policy and various federal government agencies has certainly caused confusion for many employers. No industry has...more

McDonnell Boehnen Hulbert & Berghoff LLP

AI News Roundup – Mass layoffs of federal workers impact NIST and AI Safety Institute, Google unveils AI “co-scientist” system,...

To help you stay on top of the latest news, our AI practice group has compiled a roundup of the developments we are following....more

Littler

Governor Hochul Seeks to Expand New York WARN Notice Requirements to Include AI Disclosures

Littler on

New York WARN Act notices are getting longer (again). In her State of the State address earlier this month, Governor Kathy Hochul announced that she will direct the New York Department of Labor (NYDOL) to amend the New York...more

Fisher Phillips

Tech Employers Should Consider These 5 Key Issues Before Conducting Reductions in Force

Fisher Phillips on

Despite notable workforce reductions in 2022 and 2023, layoffs in the tech industry are still prevalent as 2024 wraps up. The layoffs range from large employers to smaller-sized startups that are focused on profitability and...more

Nextpoint, Inc.

Legal Tech Layoffs… Are they Really Inevitable?

Nextpoint, Inc. on

Recent legal tech layoffs are part of a larger trend of cutbacks in the tech industry. What will the consequences be? We can look at the volatile history of tech for clues. With the looming possibility of a recession,...more

Woodruff Sawyer

Data Theft After Layoffs: Preventive Steps & the Insurance Response

Woodruff Sawyer on

Many prominent tech companies have recently conducted mass layoffs—some as a response to the slowing economy, and others to correct for pandemic hiring sprees. Whatever the reason, one of the risks that arise when laying off...more

Cozen O'Connor

Cozen Cities: February 10, 2023

Cozen O'Connor on

CHICAGO — Proposed Ordinance Offers Course Correction for False Claims Against Gig Workers- Rideshare and delivery drivers in Chicago are calling for an ordinance that guarantees their right to appeal before being...more

Foley & Lardner LLP

Foley Automotive Update - February 2023

Foley & Lardner LLP on

This update helps automotive suppliers inform their legal and operational decisions to help address challenges and opportunities. Key Developments - The National Automobile Dealers Association estimates U.S. new...more

Foley & Lardner LLP

The Year of the Down Round and the Year of the Rabbit

Foley & Lardner LLP on

As we ring in the lunar new year around the world, it is the year of the “rabbit” or of the “cat” depending on your version of the zodiac calendar. In Silicon Valley, it is going to be the year of the down round....more

Fisher Phillips

Immigration Update: Processing Delays and Tech Layoffs Add Complications for Employers

Fisher Phillips on

Employers know that U.S. immigration laws are complex, and the Department of Labor’s (DOL’s) long processing delays – coupled with recent layoffs in the tech industry – have further complicated matters by adding new fact...more

Robins Kaplan LLP

Your Daily Dose of Financial News

Robins Kaplan LLP on

British and EU negotiators have reached a draft Brexit deal that PM May now needs to sell to her “deeply divided” cabinet. Not that her challenges would end there, mind you, as any deal would then face a skeptical Parliament...more

Robins Kaplan LLP

Your Daily Dose of Financial News

Robins Kaplan LLP on

On the Hill yesterday, Fed Chair Yellen acknowledged that the recent election would likely mean changes for the economy, but she said it was “too soon” to predict the nature of that economic impact at this time (though that...more

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