It Layoffs
-
{
- All
- News
- Videos
- Web Stories
-
Cloudflare Founders Say Work Has “Fundamentally Changed” As Layoffs Hit 1,100+ Employees
The company stated that artificial intelligence usage inside the company has increased by more than 600% in just three months.
-
600% AI Surge In Just 3 Months: Why Cloudflare Is Cutting Over 1,100 Jobs
Cloudflare has cut more than 1,100 jobs worldwide, saying a dramatic surge in its internal use of AI has prompted a fundamental rethink of how the company is organised.
-
Why This American Family Left The US And Settled In Germany: "Cost Of Living Is Reasonably Priced"
When it comes to cost of living, the couple finds Germany reasonably priced and are often shocked by restaurant and food costs in the US during visits home.
-
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...
-
Cognizant Reportedly Eyes Major Workforce Reduction Amid AI-Led Restructuring; India May Bear Brunt
Cognizant is said to be considering a major workforce reduction globally. In recent months, layoffs across the tech industry have accelerated, leading tech firms like Amazon, Meta, and Oracle to announce drastic workforce reductions. Cognizant, an IT consulting and outsourcing company, is reportedly the latest among them to plan significant job cut...
-
'Won't Rule Out Further Job Cuts': Meta CEO Says Higher Capex Behind Layoffs
Meta intends to lay off about 10 per cent of its workforce on May 20, with additional cuts planned for the second half of the year.
-
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 ...
-
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.
-
Microsoft Offers Voluntary Retirement To 8,750 Employees In US
About 7% of the US workforce will be eligible for the buyouts, according to a person familiar with the planning. Microsoft has never previously done buyouts of this scale, said the person, who requested anonymity to discuss an internal matter.
-
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.
-
After Google Layoff, Ex-Employee Issues Wake-Up Call For Overworked Professionals
Zhang's post serves as a reminder to prioritise life and health, it also showcases the harsh reality of corporate job security.
-
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.
-
Cloudflare Founders Say Work Has “Fundamentally Changed” As Layoffs Hit 1,100+ Employees
The company stated that artificial intelligence usage inside the company has increased by more than 600% in just three months.
-
600% AI Surge In Just 3 Months: Why Cloudflare Is Cutting Over 1,100 Jobs
Cloudflare has cut more than 1,100 jobs worldwide, saying a dramatic surge in its internal use of AI has prompted a fundamental rethink of how the company is organised.
-
Why This American Family Left The US And Settled In Germany: "Cost Of Living Is Reasonably Priced"
When it comes to cost of living, the couple finds Germany reasonably priced and are often shocked by restaurant and food costs in the US during visits home.
-
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...
-
Cognizant Reportedly Eyes Major Workforce Reduction Amid AI-Led Restructuring; India May Bear Brunt
Cognizant is said to be considering a major workforce reduction globally. In recent months, layoffs across the tech industry have accelerated, leading tech firms like Amazon, Meta, and Oracle to announce drastic workforce reductions. Cognizant, an IT consulting and outsourcing company, is reportedly the latest among them to plan significant job cut...
-
'Won't Rule Out Further Job Cuts': Meta CEO Says Higher Capex Behind Layoffs
Meta intends to lay off about 10 per cent of its workforce on May 20, with additional cuts planned for the second half of the year.
-
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 ...
-
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.
-
Microsoft Offers Voluntary Retirement To 8,750 Employees In US
About 7% of the US workforce will be eligible for the buyouts, according to a person familiar with the planning. Microsoft has never previously done buyouts of this scale, said the person, who requested anonymity to discuss an internal matter.
-
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.
-
After Google Layoff, Ex-Employee Issues Wake-Up Call For Overworked Professionals
Zhang's post serves as a reminder to prioritise life and health, it also showcases the harsh reality of corporate job security.
-
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.
