Tag: layoffs
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.
Read More
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.
Read More
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.
Read More
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.
Read More
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.
Read More
Global Tech Industry Sees Over 73,000 Job Cuts in First Quarter Amid AI-Driven Restructuring
More than 73,000 jobs were cut in the global tech sector during Q1 2026 as companies shift focus to AI and automation.
Read More
Meta to Cut Nearly 10% of Workforce as It Refocuses on AI and Efficiency
Meta plans to reduce its workforce by about 8,000 employees amid a strategic shift toward AI and improved operational efficiency.
Read More
AI-Driven Job Cuts Account for Nearly Half of Last Quarter’s Layoffs
Artificial intelligence played a significant role in job reductions last quarter, responsible for over 37,000 of 80,000 total layoffs.
Read More
GoPro to Cut Nearly 25% of Workforce in Effort to Regain Profitability
GoPro plans to reduce its workforce by nearly a quarter as part of a strategy to counter declining revenue and competition pressures.
Read More
Industry Update: Nintendo Switch 2 Sales Dip, Minecraft Dungeons Sequel Announced, and Epic Games Layoffs Amid Fortnite Decline
Nintendo Switch 2 experiences a sales slowdown, Minecraft Dungeons sequel revealed, and Epic Games undergoes layoffs amidst Fortnite’s waning popularity.
Read More
Meta Initiates New Wave of Layoffs Amid Strategic Shift Toward AI
Meta has launched another round of layoffs targeting several departments as it intensifies focus on artificial intelligence development.
Read More
Yandex Denies Rumors of Major Employee Layoffs Amid Optimization Claims
Yandex refutes rumors of large-scale staff reductions, including in search services and AI departments, confirming no planned mass layoffs.
Read More