Intel, once the world's most valuable chipmaker, announced plans last month to lay off 15,000 employees, cut capital expenditures, and suspend its dividend from the fourth quarter.
An Amazon engineer in Germany said his colleagues are "very shocked and worried," calling the move "a betrayal." The new RTO policy could also be used as a tool to carry out silent layoffs, they mused.
Four days after celebrating their annual "Wrapped" campaign with an exclusive party in November, Spotify cut 1,500 jobs, including employees who worked on the campaign.