Tag: layoffs
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Verizon Announces Layoffs Affecting More Than 13,000 Employees
The move by Verizon to lay off over 13,000 workers is one of the most significant workforce cuts taken by...
Amazon leads the AI Layoff Wave as AI Becomes The Boss
AI is taking over in every field from people who have learnt those skills after an enormous amount of time...
Salesforce to cut 4,000 jobs as AI handles half of customer service tasks
The global cloud software giant Salesforce has also declared a massive downsizing that will redefine its customer services. About 4,000...
Intel Stock Drops 8.5% After Q2 Earnings Miss and Layoff Plans
July 26, 2025 – Shares of Intel Corporation (NASDAQ: INTC) tumbled 8.5% on Friday, closing at $20.70, after the chipmaker...
AWS Cuts Hundreds of Jobs Despite Strong Financial Performance
Amazon, one of the world’s biggest E-Commerce and streaming companies, has cut down several hundred jobs. The downsizing generally affects...
Google’s “Voluntary” Exit Strategy: When Buyouts Become the New Layoffs
Google just gave thousands of employees an offer they can't refuse: take money and leave, or stick around and maybe...
Microsoft Announces Major Layoffs, Impacting 3% of Global Staff
If one had a thought that Big Tech jobs are secure just because a firm is reporting billion-dollar quarters and...
AI Replacing Humans? Duolingo’s AI-First Strategy Sparks Concerns
Ever since AI entered the digital realm, corporations have triggered a new trend of systematically replacing human workers with AI...
Intel to Reduce Operational and Capital Expenses after First Quarter Earnings
After Intel announced its first quarter earnings, it reported a reduction in operational and capital expenses in the coming months....
Intel to Layoff 20% of Workforce as Part of Major Restructuring
In the tech sector, job security has become an ethical dilemma where mass layoffs have shifted from a rare incident...
Microsoft-Backed Wicresoft Ceases China Operations, Initiates Massive Workforce Downsizing
According to local media sources and several impacted employees, Microsoft joint venture Wicresoft has halted its China operations with the...
Trump’s Administration Cuts AI Funding, Threatening U.S Innovation?
AI technology is progressing enormously, and the United States is leading in technological innovation, but it seems the recent move...
Meta Fires 20 Employees for Leaking Confidential Information
According to The Verge, Meta has terminated approximately 20 employees for leaking confidential company information. The tech giant confirmed that...
IGN to shutter 1UP and Gamespy, announces layoffs
As gaming giant IGN switches directions and consolidates properties, layoffs have hit the gaming industry in the wrong places: blogging....