Tag: layoffs
Intel Initiates New Round of Layoffs in Data Center Group Amid Efficiency Drive
Intel starts another wave of layoffs in its Data Center Group, aiming to improve efficiency and streamline operations within its server division.
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Microsoft Addresses Concerns Over Xbox Staff Cuts and H-1B Visa Replacements
After Xbox layoffs affected 3,200 employees, Microsoft clarifies that these roles will not be replaced by H-1B visa holders.
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Microsoft Offers Generous Severance Packages Amid Xbox and Sales Division Layoffs
Microsoft has laid off around 4,800 employees across Xbox and commercial sales divisions, providing severance packages considered more generous than rivals.
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Microsoft Expands Layoffs Beyond Xbox Division, Total Cuts Reach 4,800 Employees
Microsoft announces layoffs affecting 4,800 workers, extending beyond Xbox to Commercial Business and other divisions.
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Oracle Cuts Workforce by 14% Amid Evolving AI Business Strategy
Oracle reduced its workforce by 21,000 employees last fiscal year, reflecting a major reshaping linked to its growing AI business segment.
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Microsoft Plans Significant Job Cuts in Xbox Division This July
Microsoft is set to reduce its Xbox workforce notably in July, impacting marketing and other departments, Bloomberg reports.
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Sam Altman’s Eye-Scanning Startup Tools for Humanity Plans Workforce Reduction
Tools for Humanity, co-founded by OpenAI CEO Sam Altman, is set to reduce its staff according to an internal company email.
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Nearly All CEOs Anticipate AI-Driven Job Cuts Within Two Years, Mercer Survey Finds
A Mercer survey reveals 99% of company leaders foresee workforce reductions linked to AI adoption in the next two years.
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Employee Morale Plummets at Meta Ahead of Massive Layoffs Amid Record Profits
Despite record earnings, Meta faces historic low employee morale as nearly 8,000 layoffs loom and workplace conditions tighten.
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Tech Industry Sees Over 100,000 Job Cuts Globally Since Early 2026
More than 100,000 employees in the tech sector have been laid off worldwide since early 2026, marking a major wave of workforce reductions.
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Oracle Cuts Up to 30,000 Jobs to Invest in AI and Data Centers, Former Employees Seek Better Severance
Oracle laid off as many as 30,000 workers to focus on AI and data center growth. Former staff push for improved severance and extended health coverage.
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Meta Plans to Cut 10% of Workforce in May Amid AI-Driven Efficiency Push
Meta is set to reduce its workforce by roughly 10%, citing AI-driven productivity improvements and cost optimization as key reasons.
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