Company Lay Off
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Website Maker Wix Lays Offs Almost 20% Of Staff, Cites AI And Exchange Rate Concerns
Wix CEO Avishai Abrahami said that currency exchange rates had created a "structural pressure" on the company.
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'Not Expecting More Company-Wide Layoffs This Year,' Meta CEO Tells Staff
He made the announcement on the same day the Facebook owner carried out a massive restructuring of the company, laying off 10 per cent of its workforce globally and transferring 7,000 other employees.
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Meta Orders Work From Home First, Then Lays Off 8,000 Employees At 4 AM
Meta confirmed layoffs last month. Inside the company, morale dipped sharply. Some staffers 'began collecting free snacks and spare laptop chargers'.
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Meta Planning to Lay Off 10 Percent of Workforce as Part of AI Driven Restructuring
Meta is planning to lay off 10 percent of its employees on Wednesday, with additional deep cuts slated to come later this year, Reuters reported previously. In an internal memo, Meta Chief People Officer Janelle Gale also told employees the company plans to move 7,000 employees to new initiatives related to AI workflows and to eliminate managerial ...
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7,000 Staff To Shift To AI Roles As Meta Cuts Jobs, Revamps Structure: Report
In the memo, Meta Chief People Officer Janelle Gale told employees the company plans to move 7,000 employees to new initiatives related to AI workflows and to eliminate managerial roles.
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Starbucks To Lay Off 300 Employees In US To Cut Costs
No international employees are affected for now, but Starbucks said it is also reviewing its corporate structure outside the US.
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Coinbase Layoff: 14 Percent of Workforce Fired, CEO Cites Market Volatility and AI Adoption
Coinbase, the US-based cryptocurrency exchange, is laying off 14 percent of its global workforce, or roughly 700 employees. The company CEO, Brian Armstrong, announced the decision publicly on Tuesday, citing market volatility and artificial intelligence (AI) acceleration as the main reasons. This is the second layoff from the company, after it cut...
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Firm In India Blames "Cheap Chinese Supply" For Losses, Lays Off 2,000 Employees
The post did not name the company or sector. However, the description mirrors challenges faced by many manufacturers.
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Tech Layoffs Surge: March Worst Month in Two Years as Companies Slashed 38,000 Jobs, Layoff Tracker Claims
Tech companies laid off about 38,000 employees in March 2026, according to a report citing data from a layoffs tracker. This reportedly makes it the worst month for tech employees in the past two years. A considerable number of these figures have been attributed to Oracle laying off 30,000 employees in one go, as the tech firm, similar to the rest ...
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Meta To Lay Off Around 8,000 Employees By Next Month: Report
The Facebook and Instagram owner will lay off about 10% of its global workforce, or close to 8,000 employees, in that initial round, one of the sources said.
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Meta to Fire 200 Employees, Phase Out Middle Manager Titles Amid AI Push: Report
Meta is reportedly laying off as many as 200 employees amid the company’s ongoing artificial intelligence (AI) transformation. As per the report, these layoffs impact the company’s US-based teams and not the global offices. Additionally, the social media giant is reportedly planning to phase out the middle manager positions to make the teams le...
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Rockstar Games Parent Take-Two Lays Off AI Team, Including Head of AI
Take-Two Interactive has laid of its artificial intelligence team, including the head of AI. Luke Dicken, Take-Two's former head of AI, confirmed the cuts in a LinkedIn post on Friday. The number of employees impacted by the layoffs is unclear. Take-Two is the parent company of Rockstar Games, currently developing Grand Theft Auto 6.
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Oracle Layoffs 2026: Man Says 30-Week Pregnant Wife Fired After 4 Years At Company
The husband, Austin Massey, slammed the insensitive approach, saying his wife "deserved better" than an email.
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Oracle to Reportedly Lay Off Thousands of Employees
Oracle is reportedly laying off thosands of employees, according to a CNBC report. The cloud computing firm declined to comment on the report, although several social media users on Reddit, X and anonymous workplace network Blind, shared details of the potential cuts, fuelling uncertainty and confusion among employees.
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Oracle Lays Off 12,000 Employees In India, Another Round Likely: Report
The company has offered 15 days' salary to each employee who has completed a year of service in India, in addition to one month of unpaid wages till termination date.
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Website Maker Wix Lays Offs Almost 20% Of Staff, Cites AI And Exchange Rate Concerns
Wix CEO Avishai Abrahami said that currency exchange rates had created a "structural pressure" on the company.
-
'Not Expecting More Company-Wide Layoffs This Year,' Meta CEO Tells Staff
He made the announcement on the same day the Facebook owner carried out a massive restructuring of the company, laying off 10 per cent of its workforce globally and transferring 7,000 other employees.
-
Meta Orders Work From Home First, Then Lays Off 8,000 Employees At 4 AM
Meta confirmed layoffs last month. Inside the company, morale dipped sharply. Some staffers 'began collecting free snacks and spare laptop chargers'.
-
Meta Planning to Lay Off 10 Percent of Workforce as Part of AI Driven Restructuring
Meta is planning to lay off 10 percent of its employees on Wednesday, with additional deep cuts slated to come later this year, Reuters reported previously. In an internal memo, Meta Chief People Officer Janelle Gale also told employees the company plans to move 7,000 employees to new initiatives related to AI workflows and to eliminate managerial ...
-
7,000 Staff To Shift To AI Roles As Meta Cuts Jobs, Revamps Structure: Report
In the memo, Meta Chief People Officer Janelle Gale told employees the company plans to move 7,000 employees to new initiatives related to AI workflows and to eliminate managerial roles.
-
Starbucks To Lay Off 300 Employees In US To Cut Costs
No international employees are affected for now, but Starbucks said it is also reviewing its corporate structure outside the US.
-
Coinbase Layoff: 14 Percent of Workforce Fired, CEO Cites Market Volatility and AI Adoption
Coinbase, the US-based cryptocurrency exchange, is laying off 14 percent of its global workforce, or roughly 700 employees. The company CEO, Brian Armstrong, announced the decision publicly on Tuesday, citing market volatility and artificial intelligence (AI) acceleration as the main reasons. This is the second layoff from the company, after it cut...
-
Firm In India Blames "Cheap Chinese Supply" For Losses, Lays Off 2,000 Employees
The post did not name the company or sector. However, the description mirrors challenges faced by many manufacturers.
-
Tech Layoffs Surge: March Worst Month in Two Years as Companies Slashed 38,000 Jobs, Layoff Tracker Claims
Tech companies laid off about 38,000 employees in March 2026, according to a report citing data from a layoffs tracker. This reportedly makes it the worst month for tech employees in the past two years. A considerable number of these figures have been attributed to Oracle laying off 30,000 employees in one go, as the tech firm, similar to the rest ...
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Meta To Lay Off Around 8,000 Employees By Next Month: Report
The Facebook and Instagram owner will lay off about 10% of its global workforce, or close to 8,000 employees, in that initial round, one of the sources said.
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Meta to Fire 200 Employees, Phase Out Middle Manager Titles Amid AI Push: Report
Meta is reportedly laying off as many as 200 employees amid the company’s ongoing artificial intelligence (AI) transformation. As per the report, these layoffs impact the company’s US-based teams and not the global offices. Additionally, the social media giant is reportedly planning to phase out the middle manager positions to make the teams le...
-
Rockstar Games Parent Take-Two Lays Off AI Team, Including Head of AI
Take-Two Interactive has laid of its artificial intelligence team, including the head of AI. Luke Dicken, Take-Two's former head of AI, confirmed the cuts in a LinkedIn post on Friday. The number of employees impacted by the layoffs is unclear. Take-Two is the parent company of Rockstar Games, currently developing Grand Theft Auto 6.
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Oracle Layoffs 2026: Man Says 30-Week Pregnant Wife Fired After 4 Years At Company
The husband, Austin Massey, slammed the insensitive approach, saying his wife "deserved better" than an email.
-
Oracle to Reportedly Lay Off Thousands of Employees
Oracle is reportedly laying off thosands of employees, according to a CNBC report. The cloud computing firm declined to comment on the report, although several social media users on Reddit, X and anonymous workplace network Blind, shared details of the potential cuts, fuelling uncertainty and confusion among employees.
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Oracle Lays Off 12,000 Employees In India, Another Round Likely: Report
The company has offered 15 days' salary to each employee who has completed a year of service in India, in addition to one month of unpaid wages till termination date.
