#job-cuts

[ follow ]
#layoffs #meta #workforce-reduction #microsoft #artificial-intelligence #tech-industry #ai-investment #job-market
#tech-layoffs
Tech industry
fromFortune
28 minutes ago

More than 90,000 tech workers have been laid off this year. But here's why companies like Microsoft are offering voluntary buyouts instead | Fortune

Tech companies are laying off employees while investing heavily in AI, with Microsoft offering voluntary buyouts to reduce workforce without traditional layoffs.
Tech industry
fromIntelligencer
1 day ago

The Downgrading of the American Tech Worker

Tech layoffs are widespread as companies shift focus to AI, raising concerns about job security and efficiency for remaining employees.
Artificial intelligence
fromwww.theguardian.com
2 weeks ago

Tech companies are cutting jobs and betting on AI. The payoff is far from guaranteed

Tech workers face job insecurity as AI investments lead to significant layoffs across major companies, despite AI's current limitations in replacing human roles.
Tech industry
fromFortune
28 minutes ago

More than 90,000 tech workers have been laid off this year. But here's why companies like Microsoft are offering voluntary buyouts instead | Fortune

Tech companies are laying off employees while investing heavily in AI, with Microsoft offering voluntary buyouts to reduce workforce without traditional layoffs.
Tech industry
fromIntelligencer
1 day ago

The Downgrading of the American Tech Worker

Tech layoffs are widespread as companies shift focus to AI, raising concerns about job security and efficiency for remaining employees.
Artificial intelligence
fromwww.theguardian.com
2 weeks ago

Tech companies are cutting jobs and betting on AI. The payoff is far from guaranteed

Tech workers face job insecurity as AI investments lead to significant layoffs across major companies, despite AI's current limitations in replacing human roles.
more#tech-layoffs
#meta
fromwww.cbc.ca
2 days ago
Tech industry

Meta to cut 8,000 jobs, Microsoft to offer voluntary buyouts for thousands | CBC News

Careers
fromwww.businessinsider.com
1 day ago

Meta employees face a slow-swinging axe and a tough choice: hustle or job hunt

Meta plans to cut 10% of its workforce, creating uncertainty and anxiety among employees about their job security.
Remote teams
fromwww.businessinsider.com
2 days ago

Meta is laying off 10% of its entire staff next month. Read the full memo it just sent.

Meta plans to lay off about 10% of its workforce, affecting approximately 7,800 employees, to run the company more efficiently.
Tech industry
fromwww.dw.com
2 days ago

Meta, Microsoft purge jobs amid AI build-up

Meta plans to lay off 8,000 employees to focus on AI development, while Microsoft offers early retirement buyouts for 8,700 workers.
Tech industry
fromwww.cbc.ca
2 days ago

Meta to cut 8,000 jobs, Microsoft to offer voluntary buyouts for thousands | CBC News

Meta is laying off 8,000 workers to improve efficiency and invest in artificial intelligence infrastructure.
more#meta
#nike
Business
fromRetail Dive
2 days ago

Nike cuts 1,400 jobs across tech, operations

Nike is cutting 1,400 jobs, primarily in tech, to streamline operations and focus on two main technology hubs.
Remote teams
fromwww.businessinsider.com
2 days ago

Read Nike's memo announcing 1,400 job cuts, most in tech, as it reshapes operations

Nike is cutting 1,400 jobs in its global operations team, primarily in technology, as part of its turnaround plan.
Business
fromRetail Dive
2 days ago

Nike cuts 1,400 jobs across tech, operations

Nike is cutting 1,400 jobs, primarily in tech, to streamline operations and focus on two main technology hubs.
Remote teams
fromwww.businessinsider.com
2 days ago

Read Nike's memo announcing 1,400 job cuts, most in tech, as it reshapes operations

Nike is cutting 1,400 jobs in its global operations team, primarily in technology, as part of its turnaround plan.
more#nike
#microsoft
Retirement
fromTechRepublic
2 days ago

Microsoft Offers First-Ever Retirement Buyouts to Thousands of Employees

Microsoft introduces a voluntary retirement program for select employees amid the AI boom, targeting those with 70 combined years of age and service.
Video games
fromKotaku
2 days ago

Microsoft Offers Veteran Employees One-Time Retirement Buyouts

Microsoft offers early retirement buyouts to employees with 70 years of combined age and service.
Retirement
fromTechCrunch
2 days ago

Microsoft offers buyout for up to 7% of U.S. employees | TechCrunch

Microsoft is offering voluntary retirement buyouts for the first time, allowing eligible employees to leave without mass layoffs.
Retirement
fromTNW | Future-Of-Work
2 days ago

Microsoft's first voluntary retirement offer is a buyout dressed as a benefit

Microsoft is offering voluntary retirement to 7% of its US workforce, targeting senior directors and below, amid significant layoffs and a hiring freeze.
Tech industry
fromFast Company
2 days ago

Microsoft is making this first-ever move to cut workforce size amid the AI shift

Microsoft is offering voluntary buyouts to select employees as part of a restructuring amid shifts in the tech industry due to AI advancements.
Artificial intelligence
fromComputerworld
2 days ago

Microsoft to offer voluntary retirement buyouts to about 7% of the US workforce

Microsoft is offering voluntary retirement buyouts to 8,750 employees as part of its first program of this kind in response to AI investment pressures.
Retirement
fromTechRepublic
2 days ago

Microsoft Offers First-Ever Retirement Buyouts to Thousands of Employees

Microsoft introduces a voluntary retirement program for select employees amid the AI boom, targeting those with 70 combined years of age and service.
Video games
fromKotaku
2 days ago

Microsoft Offers Veteran Employees One-Time Retirement Buyouts

Microsoft offers early retirement buyouts to employees with 70 years of combined age and service.
Retirement
fromTechCrunch
2 days ago

Microsoft offers buyout for up to 7% of U.S. employees | TechCrunch

Microsoft is offering voluntary retirement buyouts for the first time, allowing eligible employees to leave without mass layoffs.
Retirement
fromTNW | Future-Of-Work
2 days ago

Microsoft's first voluntary retirement offer is a buyout dressed as a benefit

Microsoft is offering voluntary retirement to 7% of its US workforce, targeting senior directors and below, amid significant layoffs and a hiring freeze.
Tech industry
fromFast Company
2 days ago

Microsoft is making this first-ever move to cut workforce size amid the AI shift

Microsoft is offering voluntary buyouts to select employees as part of a restructuring amid shifts in the tech industry due to AI advancements.
Artificial intelligence
fromComputerworld
2 days ago

Microsoft to offer voluntary retirement buyouts to about 7% of the US workforce

Microsoft is offering voluntary retirement buyouts to 8,750 employees as part of its first program of this kind in response to AI investment pressures.
more#microsoft
Canada news
fromwww.cbc.ca
1 day ago

Ontario hospitals announce job cuts, nearly three-quarters of hospitals in deficit | CBC Accessibility

Ontario hospitals are cutting jobs to address financial deficits despite a government funding boost.
Relationships
fromSlate Magazine
4 days ago

My Partner Just Got Laid Off From His Job of 12 Years. What He's Doing Now Boggles the Mind.

Understanding the importance of budgeting during a job transition is crucial for financial stability.
Boston
fromBoston.com
2 days ago

Massachusetts tops U.S. in AI job loss risk, Tufts report says

Massachusetts has the highest job displacement risk from AI in the U.S., with 7.35% of jobs at risk.
fromBoston.com
3 days ago

Woburn biotech cuts more than 200 jobs after FDA setback

"Unfortunately, for patients and physicians in the melanoma community, we have had no choice but to stop our compassionate use program and adjust the planned expansion of our Phase 3 clinical program."
Cancer
#unemployment
UK news
fromBusiness Matters
5 days ago

Unemployment dip flatters to deceive as SME hiring freezes amid Iran shock

Britain's unemployment rate dropped to 4.9%, but underlying hiring strength is weak with significant job losses and declining vacancies.
UK news
fromBusiness Matters
5 days ago

Unemployment dip flatters to deceive as SME hiring freezes amid Iran shock

Britain's unemployment rate dropped to 4.9%, but underlying hiring strength is weak with significant job losses and declining vacancies.
more#unemployment
#disney
Media industry
fromVulture
6 days ago

Why Disney Fired 1,000 Employees Last Week

Walt Disney Company underwent significant layoffs, emphasizing a shift towards streaming and reducing focus on physical media and Marvel's precarious position.
Media industry
fromwww.businessinsider.com
1 week ago

Here's the severance package Disney is giving to laid-off employees

Disney is providing severance packages to laid-off employees based on tenure and level, amid ongoing restructuring under new CEO Josh D'Amaro.
Media industry
fromVulture
6 days ago

Why Disney Fired 1,000 Employees Last Week

Walt Disney Company underwent significant layoffs, emphasizing a shift towards streaming and reducing focus on physical media and Marvel's precarious position.
Media industry
fromwww.businessinsider.com
1 week ago

Here's the severance package Disney is giving to laid-off employees

Disney is providing severance packages to laid-off employees based on tenure and level, amid ongoing restructuring under new CEO Josh D'Amaro.
more#disney
Artificial intelligence
fromFortune
1 day ago

I lost my job to AI. Here's why mass layoffs won't transform your company | Fortune

AI layoffs often prioritize immediate cost savings over true transformation and innovation in the workplace.
Careers
fromwww.businessinsider.com
4 hours ago

I thought I'd retire from Intel. Then I got laid off in my 60s and I'm still struggling to find a job.

Job seeker in his 60s faces challenges after being laid off from Intel, seeks new opportunities in electric vehicle maintenance.
fromLondon Business News | Londonlovesbusiness.com
1 week ago

Hays slashes workforce as global hiring slump deepens - London Business News | Londonlovesbusiness.com

Hays has unveiled deep workforce cuts as it intensifies cost-saving efforts amid a prolonged downturn in the global jobs market, reducing consultancy headcount by 14%.
London startup
#oracle
Business
fromEntrepreneur
3 weeks ago

Oracle's Stock Has Plummeted 25%. Now It's Cutting Thousands of Jobs.

Oracle is cutting 20,000 to 30,000 jobs to improve cash flow amid a 25% stock drop and significant debt for AI infrastructure.
Remote teams
fromSFGATE
2 weeks ago

Oracle cuts more than 700 jobs in California amid massive round of layoffs

Oracle laid off over 700 employees in California, part of a larger reduction affecting 30,000 workers globally.
Remote teams
fromCalifornia Post
3 weeks ago

Oracle axes thousands of jobs in massive layoff - notifying fired employees with 6 a.m. email

Oracle laid off thousands of employees via email, citing organizational changes and business needs, causing widespread fear and frustration among remaining staff.
Tech industry
fromTechzine Global
3 weeks ago

Oracle lays off thousands of employees to fund AI buildout

Oracle's layoffs affected around 10,000 employees, attributed to cost-cutting measures linked to aggressive AI expansion.
Tech industry
fromTheregister
3 weeks ago

Oracle cuts jobs across sales, engineering, security

Oracle laid off thousands of employees to increase spending on AI infrastructure projects, with potential cuts reaching 30,000.
Business
fromEntrepreneur
3 weeks ago

Oracle's Stock Has Plummeted 25%. Now It's Cutting Thousands of Jobs.

Oracle is cutting 20,000 to 30,000 jobs to improve cash flow amid a 25% stock drop and significant debt for AI infrastructure.
Remote teams
fromSFGATE
2 weeks ago

Oracle cuts more than 700 jobs in California amid massive round of layoffs

Oracle laid off over 700 employees in California, part of a larger reduction affecting 30,000 workers globally.
Remote teams
fromCalifornia Post
3 weeks ago

Oracle axes thousands of jobs in massive layoff - notifying fired employees with 6 a.m. email

Oracle laid off thousands of employees via email, citing organizational changes and business needs, causing widespread fear and frustration among remaining staff.
Tech industry
fromTechzine Global
3 weeks ago

Oracle lays off thousands of employees to fund AI buildout

Oracle's layoffs affected around 10,000 employees, attributed to cost-cutting measures linked to aggressive AI expansion.
Tech industry
fromTheregister
3 weeks ago

Oracle cuts jobs across sales, engineering, security

Oracle laid off thousands of employees to increase spending on AI infrastructure projects, with potential cuts reaching 30,000.
more#oracle
Careers
fromFortune
4 hours ago

'You feel radicalized': A Meta AI exec watched agents beat her top workers. Now she's built a nonprofit to help Gen Z find jobs before they disappear | Fortune

The job market is transforming as AI becomes essential, requiring workers to adapt and learn AI tools to remain competitive.
Digital life
fromFinanceBuzz
2 weeks ago

9 Dying Industries That Aren't Worth Getting Jobs in at This Point

Many traditional careers are declining due to automation and technology, making them less viable for future job seekers.
UK news
fromwww.theguardian.com
5 days ago

UK jobs market was in a fragile state even before Iran war threatened recovery

The UK labor market shows signs of fragility despite a drop in the unemployment rate.
Careers
fromFortune
2 days ago

Fewer than 1 in 4 workers feel their job is safe. Here's why worker 'FOBO'-fear of becoming obsolete-is hurting companies | Fortune

Job insecurity is pervasive across sectors, with many workers fearing layoffs and feeling their positions are not safe.
Remote teams
fromNextgov.com
2 days ago

IRS lacks transparent plans to leverage tech in the face of staffing cuts, GAO and employees say

The IRS aims to modernize technology while reducing staff, but lacks transparency and clarity in its long-term plans.
#ai
Artificial intelligence
fromEntrepreneur
3 days ago

Bank of America's CEO Told Employees 'You Don't Have to Worry' About AI Replacing Jobs - Four Months Later, He Cut 1,000

AI is leading to significant job reductions in major banks, with 15,000 positions cut as profits rise.
Artificial intelligence
fromEntrepreneur
3 days ago

Bank of America's CEO Told Employees 'You Don't Have to Worry' About AI Replacing Jobs - Four Months Later, He Cut 1,000

AI is leading to significant job reductions in major banks, with 15,000 positions cut as profits rise.
more#ai
Careers
fromFast Company
1 day ago

The rise of days-long (and often unpaid) 'work trials' for job applicants

Work trials are increasingly used by employers to evaluate candidates' real-world skills amidst a flood of similar applications.
#layoffs
Remote teams
fromForbes
5 days ago

Layoffs Are A Leadership Test For Executives

Effective leadership during layoffs is crucial for maintaining trust and organizational performance.
Careers
fromFast Company
4 days ago

You survived a layoff. Now what?

Surviving layoffs brings complex emotions like relief, guilt, frustration, and anxiety about job security and workplace relationships.
Careers
fromSlate Magazine
5 days ago

I Had the Dream Job Everyone Wanted. Then My Peers and I Lost It All.

Mass layoffs in tech have left many experienced professionals feeling humiliated and uncertain about their future job prospects.
Remote teams
fromForbes
5 days ago

Layoffs Are A Leadership Test For Executives

Effective leadership during layoffs is crucial for maintaining trust and organizational performance.
Careers
fromFast Company
4 days ago

You survived a layoff. Now what?

Surviving layoffs brings complex emotions like relief, guilt, frustration, and anxiety about job security and workplace relationships.
Careers
fromSlate Magazine
5 days ago

I Had the Dream Job Everyone Wanted. Then My Peers and I Lost It All.

Mass layoffs in tech have left many experienced professionals feeling humiliated and uncertain about their future job prospects.
more#layoffs
fromTNW | Meta
1 day ago
Tech industry

Meta cuts 8,000 jobs and Microsoft offers first-ever buyouts as Big Tech converts payroll into AI capital expenditure

Meta and Microsoft are cutting 23,000 jobs combined to invest in AI infrastructure, not due to financial distress.
Careers
fromSlate Magazine
3 days ago

We're Going to Have to Let Our Receptionist Go for What Feels Like a Cruel Reason. I Wish It Didn't Have to Be This Way.

A law firm faces staffing issues due to a receptionist's childcare problems, impacting office operations and client interactions.
Remote teams
fromwww.businessinsider.com
5 days ago

The new Amazon: How employees are navigating AI, RTO, and a shifting culture

Amazon's cultural transformation emphasizes efficiency and accountability, impacting employee dynamics and the broader labor market.
Careers
fromEntrepreneur
3 days ago

Workers Are Overlooking This $300K Career Path With 81K Job Openings, Says a Talent CEO: 'The Opportunities Are Massive'

Laid-off tech workers should pivot to data center electrician and technician roles due to a surge in job demand.
Tech industry
fromFast Company
2 days ago

Tech layoffs update: Meta, Nike, Snap, and others join the growing list of companies slashing jobs in April 2026

April sees significant job cuts in the tech sector, with Microsoft offering buyouts and Meta laying off 8,000 employees.
Artificial intelligence
fromFast Company
3 days ago

Lost your job to AI? These support programs provide cash, support, and more

AI displacement of workers is prompting new support programs like the AI Dividend, which provides financial aid and career resources.
Careers
fromBusiness Matters
5 days ago

The Job Benefits Most Men Don't Know to Negotiate

Focusing solely on base salary can lead to missing out on valuable non-cash benefits that enhance overall compensation.
#ai-automation
Artificial intelligence
fromFuturism
4 days ago

Chinese Workers Horrified as Bosses Direct Them to Train Their AI Replacements

Mercor hires job-seekers to train AI models that may replace them, reflecting a trend towards automation in the workforce.
Artificial intelligence
fromFuturism
4 days ago

Chinese Workers Horrified as Bosses Direct Them to Train Their AI Replacements

Mercor hires job-seekers to train AI models that may replace them, reflecting a trend towards automation in the workforce.
more#ai-automation
Tech industry
fromwww.businessinsider.com
2 days ago

Tech jobs have hit an AI air pocket. Is it temporary or permanent?

Tech job cuts are influenced by both temporary adjustments and potential permanent changes, with AI playing a significant role in the evolving landscape.
Careers
fromEntrepreneur
2 weeks ago

Blue-Collar Careers Were Supposed to Be AI-Proof. So Why Is Hiring Down 40 Percent?

Job openings for blue-collar trades have decreased by 40% since 2022, reaching levels seen during the 2009 recession.
Careers
fromwww.businessinsider.com
3 weeks ago

No mediocre worker is safe the bar for keeping your job just went up

Companies are replacing underperforming employees with better talent due to constrained hiring budgets and a focus on maximizing performance.
fromReadWrite
1 month ago

Underdog job cuts and regulatory challenges mount nationwide

At least 125 employees, which is more than 20% of the company's workforce, were let go as Underdog shifts away from some of its traditional offerings and leans more heavily into prediction markets. Teams in fraud operations, marketing, customer support, and product were among those affected.
Venture
Tech industry
fromFortune
5 days ago

This talent CEO says laid-off tech workers are ignoring a $300K 'white-collar trade job' with 81K openings a year | Fortune

AI's impact on jobs is real, but demand for skilled technicians in data center infrastructure is rising, offering new career opportunities.
Business
fromBusiness Insider
1 month ago

Layoffs are feeling awfully tempting for companies right now

Economic uncertainty drives CEOs to cut jobs as a cash-preservation strategy, with January 2024 layoffs reaching their highest level since 2009, while investors reward companies announcing workforce reductions.
Business
from24/7 Wall St.
2 months ago

Amazon's Second Massive Layoff in 4 Months Signals Permanent Shift in Tech Labor Strategy

Amazon eliminated 16,000 jobs as part of a strategic shift toward AI, totaling 30,000 corporate cuts in 120 days and prioritizing compute over headcount.
Careers
fromAol
1 month ago

13 Quiet Signs Your Company Is Planning to Let You Go (#7 Is The Worst)

Employers increasingly use quiet firing—subtle methods to push out employees—rather than overt termination, with 54% of workers experiencing this practice.
[ Load more ]