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Lyft to lay off 1,072 employees, 26% of staff

Published Tue, 05 Nov 2024 05:26:02 GMT

(KRON) -- Rideshare company Lyft plans to lay off 1,072 employees, or 26 percent of its workforce, according to documents filed with the Securities and Exchange Commission Thursday by CFO Elaine Paul. The filings also said it had eliminated 250 open positions.Filings said the San Francisco-headquartered company expected to pay between $41 million and $47 million in severance packages plus more in stock-based compensation due to the job cuts.Lyft does not count its drivers as employees.This news comes about a week after reports of staffing cuts from the company's 4,000-person workforce were reported when CEO David Risher said a "significant" number of employees would lose their jobs. Lyft's last round of layoffs occurred in November 2022 when the company let go about 13 percent of its workforce. The company also laid off about 60 employees last summer.Lyft is among a slew of technology companies going through layoffs to deal with post-pandemic restructuring including Meta, ...

Dropbox laying off 500 employees as tech layoffs continue

Published Tue, 05 Nov 2024 05:26:02 GMT

SAN FRANCISCO (KRON) -- Cloud storage company Dropbox announced Thursday that it would be laying off 500 employees, or about 16% of its global workforce. A letter to employees from CEO Drew Houston cited slowing growth and the coming wave of AI as the main reasons behind the layoffs."The AI era of computing has finally arrived," Houston wrote. "We've believed for many years that AI will give us new superpowers and completely transform knowledge work." Are tinted windows legal in California? In an SEC filing, the company said the layoffs are part of a plan to "streamline the Company's team structure to support long-term growth and profitability objectives.""Dropbox intends to strategically reinvest some savings from this reduction in force into future growth initiatives, and will continue to hire for roles critical to those initiatives," the filing also states.According to Houston, the layoffs are part of a shift toward a more AI-centered business model for the company."Our next st...

San Jose has the #1 highest concentration of software developers in the US

Published Tue, 05 Nov 2024 05:26:02 GMT

The San Jose metro has the #1 highest concentration of software developers nationwide.There are 67,780 software developers in the San Jose metro, comprising 63.43 of every 1,000 jobs in the area, according to the Bureau of Labor Statistics. San Jose-area software developers earn a median $165,030 annually.Tech has long been known as a lucrative field. There were about 1.4 million software developers nationwide in 2021, earning a median annual salary of $120,730. Though the industry is currently facing a wave of layoffs, BLS predicts job growth in the field to be much faster than average, with an estimated 25% growth between 2021 and 2031, compared to only 5% for the average job. Are tinted windows legal in California? Numbers like these might make you want to hit the books and change careers—but what does a software developer actually do? It's a bit more than just writing the code that helps run the software you use every day—from your takeout app to your favorite social media sit...

Missing SF girl safely located: SFPD

Published Tue, 05 Nov 2024 05:26:02 GMT

SAN FRANCISCO (KRON) -- A 12-year-old girl is reported missing and was last seen at her middle school Wednesday afternoon has been located, the San Francisco Police Department tweeted. Jewl Rayford was last seen around 2:30 p.m. at Presidio Middle School on 30th Avenue. Union City girl reported missing, last seen Tuesday Jewl is described to be 4 feet 7 inches tall, 120 pounds with black hair with braids, brown eyes and wears braces. She was last seen wearing black tights and black and white tennis shoes.Jewl is considered "at-risk" because of the possibility of her going missing to be suspicious, according to SFPD. The reason for her disappearance is not being disclosed at this time. KRON On is streaming news live now.embed-container { position: relative; padding-bottom: 56.25%; height: 0; overflow: hidden; max-width: 100%; } .embed-container iframe, .embed-container object, .embed-container embed { position: absolute; top: 0; left: 0; width: 100%; height: 100%; }"Jewl Rayford ha...

Army Info War Division Wants Social Media Surveillance to Protect “NATO Brand”

Published Tue, 05 Nov 2024 05:26:02 GMT

The U.S. Army Cyber Command told defense contractors it planned to surveil global social media use to defend the “NATO brand,” according to a 2022 webinar recording reviewed by The Intercept.The disclosure, made a month after Russia’s invasion of Ukraine, follows years of international debate over online free expression and the influence of governmental security agencies over the web. The Army’s Cyber Command is tasked with both defending the country’s military networks as well as offensive operations, including propaganda campaigns.The remarks came during a closed-door conference call hosted by the Cyber Fusion Innovation Center, a Pentagon-sponsored nonprofit that helps with military tech procurement, and provided an informal question-and-answer session for private-sector contractors interested in selling data to Army Cyber Command, commonly referred to as ARCYBER.Though the office has many responsibilities, one of ARCYBER’s key roles is to detect and thwart foreign “influence ope...

Andreeva, 15, wins again at Madrid Open; Gauff advances

Published Tue, 05 Nov 2024 05:26:02 GMT

After another impressive victory at the Madrid Open, Mirra Andreeva patiently took photos with some fans who looked young enough to be her classmates in high school.Moments earlier, the 15-year-old Russian had been raising her arms by the net to celebrate her win over a top-20 opponent.Andreeva, a day after defeating 2021 U.S. Open finalist Leylah Fernandez for her first tour-level win, beat 14th-ranked Beatriz Haddad Maia 7-6 (6), 6-3 to advance to the third round on Thursday.“Yes, I’m a bit surprised but also everyone was telling me they are playing the same level as you, they are just more consistent,” Andreeva said. “Their mental level is different but the game-level is almost the same.”With her win over Fernandez, Andreeva became the third-youngest player to win a main-draw match at a WTA 1000 tournament, behind Coco Gauff and CiCi Bellis, and only the second 15-year-old to defeat a top-50 opponent at a WTA 1000 tournament.With her victory on Thursday, Andreeva beca...

Israeli army kills alleged Palestinian attacker in West Bank

Published Tue, 05 Nov 2024 05:26:02 GMT

RAMALLAH, West Bank (AP) — Israeli security forces shot and killed a suspected Palestinian assailant in the West Bank on Thursday, the Israeli military and Palestinian health officials said, stirring tensions in the occupied territory at a time of unusually high violence. The Israeli military said it received reports that a Palestinian had tried to carry out a car-ramming attack near the large West Bank settlement of Ariel. Israeli soldiers opened fire at the suspected assailant after they realized he was wielding a knife, the military added. The Palestinian Health Ministry identified the man killed as 39-year-old Ahmed Taha from the northern Palestinian village of Salfit. No other casualties were reported. Videos captured from the scene of the crash show Taha’s car stranded beside a damaged minivan. An Israeli police officer approaches the driver’s seat, the car door left ajar. A moment later, Taha apparently lunges at the officer. A nearby solider unleashes a torrent o...

No tires tus cupones de Bed Bath & Beyond, hay otra cadena de tiendas que los acepta

Published Tue, 05 Nov 2024 05:26:02 GMT

Si todavía tienes cupones de descuento de Bed Bath & Beyond que no has usado, todavía puedes utilizarlos en otra tienda antes de que expiren. The Container Store anunció el miércoles que está ofreciendo 20% de descuento en cada producto hasta el 31 de mayo “para clientes que traigan los cupones azules de la competencia” a cualquier de sus tiendas. La empresa detrás de la cadena Bed Bath & Beyond se declaró en bancarrota el domingo 23 de abril y anunció que cerraría todas sus tiendas; luego dijo que sus cupones de descuento no serían aceptados en las tiendas después del miércoles 26 de abril. The Container Store puso un emoji con un guiño de ojo al anunciar en su cuenta de Twitter que aceptarían los cupones azules. Con sede en Texas, The Container Store reportó ventas de $252.2 millones en el último cuarto, una baja de 5.6% comparado al mismo cuarto el año pasado. Bed Bath & Beyond no puede mantenerse a flote y se declara en bancarrota ...

Documents show rock-throwing suspect said they were 'blood brothers' after spree

Published Tue, 05 Nov 2024 05:26:02 GMT

JEFFERSON COUNTY, Colo. (KDVR) -- We are learning more about what led to the arrest of three high school seniors suspected of a rock-throwing crime spree that killed a 20-year-old woman.FOX31 received the arrest documents from the Jefferson County court on Thursday morning. Father of rock-throwing suspect also arrested during investigation Timeline of investigationThe documents outlined what led to the arrest of Joseph Koenig, Nicholas 'Mitch' Karol-Chik and Zachary Kwak.According to the documents, investigators located a camera near one of the incidents that showed three vehicles. One of the vehicles was driven by a victim and another was driven by a witness. The only other vehicle on the road was tracked between multiple cameras and moving at a high speed, the affidavit showed. Investigators said they sent photos of the taillights to an employee with Chevrolet. The vehicle was identified as a 2014-2016 Chevy Silverado pickup. Rock-throwing suspect ‘had stupid ideas,’ says teen...

Former Miami Heat basketball player Dwayne Wade cites anti-trans legislation in Florida as reason for leaving state

Published Tue, 05 Nov 2024 05:26:02 GMT

Dwyane Wade revealed his reason for a major move in a new interview with Rachel Nichols.The 41-year-old opened up about LGBTQ laws in Florida.,and said they’re a big reason why he and his family left the state.“What do you have to say to some of those state legislators who maybe have your jersey in their closets, who brought their kids to your games to cheer for you,” Nichols said.“So that’s one of the reasons why I don’t live in the state,” Wade said. A lot of people don’t know that. I have to make decisions for my family. Not just personal, individual decisions. Obviously the taxes are great, having Wade County is great, but my family would not be accepted or feel comfortable there.”Wade’s daughter, 15-year-old Zaya Wade came out as transgender in 2020.Earlier in April, the Florida Senate passed a bill banning gender affirming care for anyone under the age of 18.