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Viral Layoff List Links AI To Mass US Job Cuts After Jack Dorsey Post
A viral post by Milk Road linked widespread US layoffs to the rise of artificial intelligence after comments by Jack Dorsey about cuts at Block Inc, but company statements suggest restructuring and economic pressures are also major factors.
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Booming Profits, Rising Joblessness: The AI Warning From New Research
A forward-looking 2028 memo by Citrini Research warns that rapid AI adoption could boost profits and GDP while driving mass layoffs.
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Oracle Reportedly Considering 30,000 Job Cuts to Fund AI Data Centre Expansion
Oracle is reportedly considering cutting between 20,000 and 30,000 jobs to fund its artificial intelligence (AI) data centre buildout. As per the report, several US banks have backed out of funding the company’s ambitious plans to build AI data centres after raising questions about the company’s ability to handle such a large-scale project.
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600 Paramount Skydance Employees Quit After CEO Enforces Strict Return-To-Office Rule
Around 600 Paramount Skydance employees have resigned after new CEO David Ellison enforced a strict five-day return-to-office policy following the companys $8 billion merger.
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Indian Woman On H-1B Visa Laid Off by Meta, Receives Job Offers Online
Based in Seattle, the woman joined Meta as a research scientist earlier this year, but was laid off after just nine months.
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Amazon Is Reportedly Planning to Replace Half a Million Workers With Robots and Automation
Amazon is reportedly planning to replace human workers with AI-powered robots to cut costs and boost efficiency. Internal documents suggest the company could avoid hiring around 6,00,000 US workers by 2033 through warehouse automation. To soften backlash, executives are reportedly advised to use terms like “advanced technology” or “cobots” ...
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Nearly 4,000 People In US Lost Their Jobs In May Because Of AI: Report
Around 4,000 people who were laid off in May this year lost their jobs because of Artificial Intelligence (AI), a monthly report from Challenger, Gray & Christmas has revealed.
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US Tech Company Dropbox Slashes 16% Of Workforce Amid "Slowing Cloud Growth"
Cloud storage provider Dropbox Inc said on Thursday it would reduce its global workforce by 16% to cut costs amid slowing cloud growth, and instead hire new talent to build its AI offerings.
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Viral Layoff List Links AI To Mass US Job Cuts After Jack Dorsey Post
A viral post by Milk Road linked widespread US layoffs to the rise of artificial intelligence after comments by Jack Dorsey about cuts at Block Inc, but company statements suggest restructuring and economic pressures are also major factors.
-
Booming Profits, Rising Joblessness: The AI Warning From New Research
A forward-looking 2028 memo by Citrini Research warns that rapid AI adoption could boost profits and GDP while driving mass layoffs.
-
Oracle Reportedly Considering 30,000 Job Cuts to Fund AI Data Centre Expansion
Oracle is reportedly considering cutting between 20,000 and 30,000 jobs to fund its artificial intelligence (AI) data centre buildout. As per the report, several US banks have backed out of funding the company’s ambitious plans to build AI data centres after raising questions about the company’s ability to handle such a large-scale project.
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600 Paramount Skydance Employees Quit After CEO Enforces Strict Return-To-Office Rule
Around 600 Paramount Skydance employees have resigned after new CEO David Ellison enforced a strict five-day return-to-office policy following the companys $8 billion merger.
-
Indian Woman On H-1B Visa Laid Off by Meta, Receives Job Offers Online
Based in Seattle, the woman joined Meta as a research scientist earlier this year, but was laid off after just nine months.
-
Amazon Is Reportedly Planning to Replace Half a Million Workers With Robots and Automation
Amazon is reportedly planning to replace human workers with AI-powered robots to cut costs and boost efficiency. Internal documents suggest the company could avoid hiring around 6,00,000 US workers by 2033 through warehouse automation. To soften backlash, executives are reportedly advised to use terms like “advanced technology” or “cobots” ...
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Nearly 4,000 People In US Lost Their Jobs In May Because Of AI: Report
Around 4,000 people who were laid off in May this year lost their jobs because of Artificial Intelligence (AI), a monthly report from Challenger, Gray & Christmas has revealed.
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US Tech Company Dropbox Slashes 16% Of Workforce Amid "Slowing Cloud Growth"
Cloud storage provider Dropbox Inc said on Thursday it would reduce its global workforce by 16% to cut costs amid slowing cloud growth, and instead hire new talent to build its AI offerings.
