It Job Cuts
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Major US Corporations Cut 25,000 Jobs, Here's Why It's Worrying Everyone
Meta, Microsoft and Nike have collectively announced nearly 25,000 job cuts, raising widespread concern that AI-driven restructuring is accelerating across major corporations.
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Meta To Lay Off 8,000 Employees Amid Heavy Investment In AI: Report
Meta will lay off about 8,000 employees and leave thousands of other positions next month, a source told AFP.
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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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BBC Will Cut Up To 2,000 Jobs To Save 10% Of Its Budget Over 2 Years
The BBC said earlier this year that it faced "substantial financial pressures" and wanted to cut about a tenth of its budget by 2029.
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Snapchat Parent Firm Lays Off 1,000 Employees, Cites AI-Driven Efficiency
The shake-up at Snap involves about 16 percent of its full-time employees and elimination of more than 300 unfilled roles, chief executive Evan Spiegel said in a memo shared by the company.
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Inside Oracle's India Layoffs: What Employees Say They Received As Severance Package
While Oracle has not officially disclosed the details of its severance policy for India, employees have begun sharing their experiences online, particularly on Reddit forums.
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Oracle Layoffs 2026: Manager Shares Emotional Post After 16-Year Career Ends
A former Oracle manager's LinkedIn post highlights the emotional impact of layoffs and reflects the wider trend of job cuts in the technology sector.
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Laid-Off Epic Games Employee Loses Life Insurance Amid Terminal Cancer Battle, CEO Responds
The cuts come as Epic trims roughly 20% of its workforce, around 1,000 employees, amid financial strain, citing rising expenses and declining engagement with Fortnite.
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Meta To Layoff Nearly Thousand Employees Amid Record AI Spending: Report
The layoffs will affect employees both in the US and other international markets, according to a person familiar with the matter.
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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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Major US Corporations Cut 25,000 Jobs, Here's Why It's Worrying Everyone
Meta, Microsoft and Nike have collectively announced nearly 25,000 job cuts, raising widespread concern that AI-driven restructuring is accelerating across major corporations.
-
Meta To Lay Off 8,000 Employees Amid Heavy Investment In AI: Report
Meta will lay off about 8,000 employees and leave thousands of other positions next month, a source told AFP.
-
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.
-
BBC Will Cut Up To 2,000 Jobs To Save 10% Of Its Budget Over 2 Years
The BBC said earlier this year that it faced "substantial financial pressures" and wanted to cut about a tenth of its budget by 2029.
-
Snapchat Parent Firm Lays Off 1,000 Employees, Cites AI-Driven Efficiency
The shake-up at Snap involves about 16 percent of its full-time employees and elimination of more than 300 unfilled roles, chief executive Evan Spiegel said in a memo shared by the company.
-
Inside Oracle's India Layoffs: What Employees Say They Received As Severance Package
While Oracle has not officially disclosed the details of its severance policy for India, employees have begun sharing their experiences online, particularly on Reddit forums.
-
Oracle Layoffs 2026: Manager Shares Emotional Post After 16-Year Career Ends
A former Oracle manager's LinkedIn post highlights the emotional impact of layoffs and reflects the wider trend of job cuts in the technology sector.
-
Laid-Off Epic Games Employee Loses Life Insurance Amid Terminal Cancer Battle, CEO Responds
The cuts come as Epic trims roughly 20% of its workforce, around 1,000 employees, amid financial strain, citing rising expenses and declining engagement with Fortnite.
-
Meta To Layoff Nearly Thousand Employees Amid Record AI Spending: Report
The layoffs will affect employees both in the US and other international markets, according to a person familiar with the matter.
-
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.
