#workforce-reduction

#workforce-reduction

Walmart is slashing corporate positions and asking remote workers to relocate to central hubs while some employees can work remotely part-time. [ more ]

SunPower will reduce its workforce by more than 25% due to the rooftop solar industry's prolonged slump. [ more ]

Duolingo is cutting 10% of its contracted translators as it integrates generative AI into its services.

AI is contributing to the reduction of Duolingo's contract workforce. [ more ]

Klarna has instituted a hiring freeze outside of engineers as tasks are expected to be allocated to AI in the future.

The company is using ChatGPT for various tasks and more than half of employees are using ChatGPT Enterprise. [ more ]

Approximately 41% of companies anticipate a reduction in their workforce due to AI integration. [ more ]

The Jet Propulsion Laboratory (JPL) is reducing its workforce by about 8%, affecting approximately 530 employees and 40 contractors.

The budgetary cuts are necessary to adhere to the allocation while continuing important work for NASA and the nation. [ more ]

Snap Inc. reports a 5% increase in revenue YoY, totaling $1.361 billion.

Monthly active users surpass 800 million, with daily active users at 414 million. [ more ]

Planned job cuts increased by 15% since February 2023, reaching 89,703.

Job losses in 2023 have increased by 396% compared to the same time last year. [ more ]

North American energy pipeline operator Enbridge will cut its workforce by 650 jobs in a bid to cut costs.

The cuts will begin in February and be completed by March 1, and will primarily target vacant positions, contract positions, and staff redeployment. [ more ]