24 articles
Microsoft CEO Satya Nadella. Oliver Berg/picture alliance via Getty Images Microsoft is offering buyouts to about 60,000 employees. The offers are individualized to each employee based on their level, location,…
Microsoft Chief People Officer Amy Coleman. Microsoft Microsoft is offering buyouts to around 60,000 employees. The offers will go out later today, and resemble Microsoft's standard severance offer. The buyout…
Before being laid off from Meta, Jonathan Yang underwent cosmetic procedures to help him feel better about his appearance. Courtesy of Jonathan Yang In his 40s, Jonathan Yang decided he…
Goldman Sachs said its baseline scenario for AI productivity involved nearly 10% of all US workers being displaced. Victoria Jones/PA Images via Getty Images Goldman Sachs estimates that 9% of…
Uber is giving all of its corporate employees access to OpenAI's enterprise tool Bloomberg/Getty Images Uber is giving its corporate employees access to OpenAI's enterprise work tool. ChatGPT Work can…
Verizon is one of the latest companies to announce job cuts. Bloomberg/Getty Images Companies including Meta, Amazon, and Visa have said they're trimming staff this year. Many firms, like Wix…
It hasn’t been a good week for workers in the banking and financial sector. Yesterday, UK banking giant Barclays announced it was laying off 5% of its workforce , or…
Verizon is one of the latest companies to announce job cuts. Bloomberg/Getty Images Companies including Meta, Amazon, and Visa have said they're trimming staff this year. Many firms, like Wix,…
The layoffs just keep coming: Barclays announced it is slashing 5,000 jobs, or about 5% of its workforce. It’s attributing the cuts to artificial intelligence , which the bank says…
The number of Americans filing new claims for unemployment benefits fell to near 57-year lows last week, signalling subdued layoffs and continued stability in the labour market. Initial claims for…
The e-commerce giant eBay (Nasdaq: EBAY) will undertake its second round of mass layoffs this year. Yesterday, the popular online marketplace reportedly said it is preparing to lay off about…
The LaserWeeder G2 from Carbon Robotics is pulled behind a tractor to detect and zap weeds on a farm. (Carbon Robotics Photo) Carbon Robotics , the Seattle-based agricultural technology startup…
Dan Lin, with Ava DuVernay, is Netflix's latest exec cut. Kate Green/Getty Images for Netflix Netflix's film chief Dan Lin is out after two years. He's the latest top exec…
Torani CEO Melanie Dulbecco has been in the role for 35 years. Torani Melanie Dulbecco has been CEO of the syrup company Torani for 35 years. Dulbecco said layoffs are…
Disney CEO Josh D'Amaro plans to hire employees from Character.AI, where new tech chief Karandeep Anand worked. Taylor Hill/FilmMagic; Manaure Quintero / AFP via Getty Images Disney plans to pay…
October has brought another wave of layoffs across the tech industry. HubSpot, Netflix, Flock, Airtable, and Amazon have all announced cuts in recent days, affecting thousands of employees. The reasons…
Netflix co-CEO Ted Sarandos has guided the streamer through growth concerns before. Can he pull it off again? Bloomberg/Getty Images Netflix has responded to a slumping stock price by cutting…
Netflix (NFLX) is laying off about 6% of its global workforce, or roughly 1,000 of its employees, adding another uncomfortable headline to its ongoing struggle with slowing growth. These job…
Kroger's corporate workforce is going to get leaner. Brandon Bell/Getty Images Kroger is making big cuts to its corporate workforce. CEO Greg Foran said about 3,000 roles will go away…
Netflix is planning what could be its largest round of layoffs in four years, according to media reports. The job cuts are expected to impact 5% of the streaming giant’s…
TLDR Amazon (AMZN) stock surges 2.70% to $260.92 despite another round of job cuts Amazon reportedly cuts fewer than 1,000 jobs across the US, UK, and India Fresh layoffs affect…
