#layoffs

#layoffs

"After a thorough review of our Human Data efforts, we've decided to accelerate the expansion and prioritization of our specialist AI tutors, while scaling back our focus on general AI tutor roles. This strategic pivot will take effect immediately," the email read. "As part of this shift in focus, we no longer need most generalist AI tutor positions and your employment with xAI will conclude."

The TikTok challenger had just cracked the Apple App Store's top-five ranking. Downloads soared 855% month over month, Sensor Tower data showed, fueled by TikTok's imminent ban in the US. It was a dream scenario for an app that - with over $230 million in funding and a roughly $1.1 billion valuation - promised to reinvent social shopping through a mix of product reviews and entertaining videos.

Around 70 members of the team behind the open source database have been shown the door as part of Oracle's latest round of redundancies, according to one high-level source in the MySQL community. Michael "Monty" Widenius, who co-authored the original MySQL in the 1990s, posted that he was "Heartbroken to hear about the widespread layoffs at MySQL last week, and while I'm not surprised that Oracle is going in this direction with MySQL, it still saddens me that it's come to this."

After earning an MBA from Wharton and a law degree from Harvard, Fogel worked in investment banking at Kidder, Peabody & Co. He told Business Insider that when the firm merged with Paine Webber, many bankers were cut. What struck him, though, was that some of his colleagues were retained when he wasn't - a detail he said shaped how he viewed the situation.

The retailer said it will eliminate 87 jobs at its 3112 Santa Rita Rd. neighborhood market store, according to a WARN notice the company sent to the state Employment Development Department. The store will close to the public on October 3, 2025, Walmart area manager Amarit Juttla stated in the WARN letter. The entire facility will close. The anticipated date when the layoffs would occur is Dec. 12.

As the economy wobbles through 2025, one worry creeps into the minds of workers everywhere: Am I going to lose my job? While the White House urges Americans to keep calm and continue spending, one New York-based recruiter says workers should be worried. Joel Lalgee (@the_realest_recruiter) predicts that layoffs are looming. No job is safe during downsizing, but Lalgee suggests that one category may be particularly at risk: remote workers.

Nearly two years after leaving the Fallout and Elder Scrolls maker, the veteran video game marketer shared his concerns about subscription gaming's long-term impact on the industry. "You need to properly acknowledge, compensate, and recognize what it takes to create that content and not just make a game, but make a product," he said in a new interview with DBLTap.

The move comes as staff are bracing for big job cuts. The company said it would cut 3.5%, or hundreds of employees, CNBC reported, as it looks to deliver on a promised $2 billion in cost savings. Ellison said the return would start in January with employees based in Los Angeles and New York. Starting this month, severance would be offered to those - at levels of VP and below - who can't or don't want to return full time, with some limited exceptions.

As CNBC reports, ADP's private payrolls report issued this morning shows that private employers added 54,000 net new jobs last month, about one-third worse than the 75,000 positions economists had predicted, and barely half the 106,000 jobs added in July. This is bad news for the economy, but arguably good news for stock traders hoping to see the Federal Reserve cut its target interest rate at the FOMC meeting two weeks from now. And because rate cuts are generally considered "good" for making the stock market rise, investors don't seem too upset by today's bad employment news.

Tomb Raider developer Crystal Dynamics announced layoffs last week. The latest round of cuts, the studio's second this year, reportedly came after a potential deal with Take-Two Interactive to fund the Perfect Dark reboot collapsed. The game was cancelled by Microsoft in July, but co-developer Crystal Dynamics attempted to find a new publishing partner to buy the game from the Xbox parent, according to a new report.

I never thought I'd be 37, unemployed, and living with my parents in Ohio again. A year ago, I was working at an AI startup in Los Angeles. I was making good money and had a one-bedroom apartment and a pretty stable routine. My salary was just enough to pay the bills, rent, and take care of my dog. Then, almost overnight, it all fell apart.

"The US Agency for Global Media (USAGM) has initiated what is known as a reduction in force (RIF) of a large number of its full-time federal employees," Lake wrote on X. "I look forward to taking additional steps in the coming months to improve the functioning of a very broken agency and make sure America's voice is heard abroad where it matters most."

The layoffs, which are set to take effect in October, will eliminate 41 nursing positions and one art therapist role at Kaiser's San Rafael Medical Center, according to Monday WARN filings with California's Employment Development Department (WARN documents are generally required by the state for significant layoffs). The staff reductions also include two employees in Oakland, one in Pasadena, four in Corona and eight in Pleasanton, mostly in IT consultant, engineer and environmental health specialist roles.

The biggest mistake most people make after getting laid off is hoping you'll get a job again.

Oracle America has decided to slash more than 188 jobs in the Bay Area, affecting workers in the Peninsula and East Bay. The cuts are scheduled for Oct. 13.

Layoffs cause fear, anger, and deep loss of trust among remaining employees. Research indicates that targeting just 1% of a workforce increases turnover by 31%. Another survey found that 74% of employees reported a productivity decline following layoffs.