Tag: layoffs

Meta Plans Significant Job Cuts Amid AI Infrastructure Investments

Meta is preparing to reduce its workforce by up to 20% to offset AI infrastructure costs and improve operational efficiency.

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Battlefield 6 Studio Faces Layoffs Despite Game’s Strong Performance

Battlefield 6 developers at Battlefield Studios experience layoffs even as the game achieves notable success in the market.

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Microsoft Assures No Cuts or Studio Closures Following Xbox Leadership Change

Microsoft confirms recent leadership changes at Xbox will not lead to layoffs or studio closures, aiming for a smooth transition.

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Tech Industry Faces Accelerated Workforce Reductions in Early 2026

The technology sector experienced significant job cuts in January 2026, suggesting the year may surpass last year’s record workforce reductions.

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Oracle Faces Potential Layoffs and Asset Sales Amid AI Data Center Funding Challenges

Oracle may cut up to 30,000 jobs and explore divestitures after US banks declined financing for its AI data center expansion plans.

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Major VR Staff Cuts at Meta Spark Industry Concerns

Meta’s recent 10% reduction in its Reality Labs VR workforce raises questions about the future of virtual reality innovation and investment.

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Bending Spoons Acquisition Leads to Major Vimeo Staff Reductions

Following its purchase by Bending Spoons, Vimeo has undergone significant staff layoffs affecting a large portion of its workforce.

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