It Companies Job Cuts
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Meta Plans To Layoff 20% Staff As AI Costs Mount: Report
Meta is planning layoffs that could affect 20% or more of the company, three sources familiar with the matter told Reuters, as Meta seeks to offset costly AI infrastructure bets and prepare for greater efficiency brought about by AI-assisted workers.
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'Most Firms Are Late': Jack Dorsey's Block Cuts 4,000 Jobs Amid AI Layoffs
Twitter co-founder Jack Dorsey said they opted for a single deep round of cuts instead of multiple smaller layoffs over time.
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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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Amazon Axes 16,000 Jobs as It Pushes AI and Efficiency
Amazon said on Tuesday it was closing its remaining bricks-and-mortar Fresh grocery stores and Go markets, despite years of effort, and said it was dropping its Amazon One biometric payment system, which scans the palm of a customer's hand.
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Apple Cuts Jobs Across Its Sales Organization in Rare Layoff
Apple has laid off several workers in its sales team in a rare move. Apple management notified the affected workers over the past couple of weeks, according to people familiar with the matter. The cuts extended across the sales organization — hitting some teams especially hard — though the company didn’t tell employees how many roles were inv...
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IBM To Cut Thousands Of Jobs Amid Software Focus
IBM will cut roles this quarter, the company said, potentially impacting thousands of employees while it shifts focus towards its high-margin software segment, as Wall Street hones in on the company's ability to benefit from AI-linked cloud demand.
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Tata Consultancy Services, India's Largest IT Services Provider, To Cut 12,000 Jobs
India's largest IT services provider Tata Consultancy Services will reduce its workforce by 2 per cent in its 2026 financial year, primarily affecting middle and senior management, the company said on Sunday.
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Walmart Cuts Hundreds Of Store-Support, Training Jobs To Simplify Structure
The company is eliminating the market coordinator job that supports some managers, according to a memo viewed by Bloomberg News.
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Amazon Cuts Jobs In Books Division, Including Goodreads And Kindle Units
Amazon has cut jobs in its books division, including at its Goodreads review site and Kindle units, the company said on Thursday.
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Microsoft Cuts Hundreds More Jobs After Firing 6,000 Last Month
Microsoft cut hundreds more jobs just weeks after its largest layoff in years. The AI boom has roiled the tech labor market because companies are prioritising AI-focused jobs and harnessing the technology to save money.
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Meta Plans To Layoff 20% Staff As AI Costs Mount: Report
Meta is planning layoffs that could affect 20% or more of the company, three sources familiar with the matter told Reuters, as Meta seeks to offset costly AI infrastructure bets and prepare for greater efficiency brought about by AI-assisted workers.
-
'Most Firms Are Late': Jack Dorsey's Block Cuts 4,000 Jobs Amid AI Layoffs
Twitter co-founder Jack Dorsey said they opted for a single deep round of cuts instead of multiple smaller layoffs over time.
-
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.
-
Amazon Axes 16,000 Jobs as It Pushes AI and Efficiency
Amazon said on Tuesday it was closing its remaining bricks-and-mortar Fresh grocery stores and Go markets, despite years of effort, and said it was dropping its Amazon One biometric payment system, which scans the palm of a customer's hand.
-
Apple Cuts Jobs Across Its Sales Organization in Rare Layoff
Apple has laid off several workers in its sales team in a rare move. Apple management notified the affected workers over the past couple of weeks, according to people familiar with the matter. The cuts extended across the sales organization — hitting some teams especially hard — though the company didn’t tell employees how many roles were inv...
-
IBM To Cut Thousands Of Jobs Amid Software Focus
IBM will cut roles this quarter, the company said, potentially impacting thousands of employees while it shifts focus towards its high-margin software segment, as Wall Street hones in on the company's ability to benefit from AI-linked cloud demand.
-
Tata Consultancy Services, India's Largest IT Services Provider, To Cut 12,000 Jobs
India's largest IT services provider Tata Consultancy Services will reduce its workforce by 2 per cent in its 2026 financial year, primarily affecting middle and senior management, the company said on Sunday.
-
Walmart Cuts Hundreds Of Store-Support, Training Jobs To Simplify Structure
The company is eliminating the market coordinator job that supports some managers, according to a memo viewed by Bloomberg News.
-
Amazon Cuts Jobs In Books Division, Including Goodreads And Kindle Units
Amazon has cut jobs in its books division, including at its Goodreads review site and Kindle units, the company said on Thursday.
-
Microsoft Cuts Hundreds More Jobs After Firing 6,000 Last Month
Microsoft cut hundreds more jobs just weeks after its largest layoff in years. The AI boom has roiled the tech labor market because companies are prioritising AI-focused jobs and harnessing the technology to save money.
