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Tech Layoffs News

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  2. One sentence in Microsoft's Memo changes how you see the Xbox layoffs

    DQ : Latest Posts ·

    Everyone's reporting the headline: Microsoft just cut 4,800 jobs, with Xbox losing a fifth of its workforce. This account draws on Microsoft's own internal memos from chief people officer Amy Coleman and Xbox CEO Asha Sharma, both...

  3. AI Adoption Fuels Hiring, Not Layoffs, New Data Shows

    PYMNTS.com ·

    In 1865, English economist William Stanley Jevons observed that improving the efficiency of steam engines increased Britain’s coal consumption instead of reducing it. More efficient engines made coal-powered production cheaper, so more...

  5. Id Co-founders Carmack and Romero Respond to Microsoft's Layoffs

    Slashdot ·

    "I have been trying to find something meaningful to say about the Id Software layoffs," John Carmack posted Thursday to his 2.8 million followers on X.com: My "Microsoft will probably be a good steward of the brand" statement isn't...

  12. Sonos loses a decade of design talent as layoffs hit its top ranks

    TNW ·

    Senior design, product, and research leaders with 10 years or more at the company are out, in a restructuring the chief executive calls speed and some staff call cost-cutting. “The design team is a little smaller now,” Edward Mitchell,...

  15. Bethesda, id Software reportedly hit hard by Microsoft layoffs

    Ars Technica · · Unconfirmed

    In announcing plans for 3,200 layoffs across the Xbox division yesterday, CEO Asha Sharma focused on discussing cuts to the Xbox platform team and redundant layers of middle management. Now, though, word is filtering out about...

  16. Doom developer id reportedly cut in half as part of Xbox layoffs

    The Verge · · Unconfirmed

    As part of the mass layoffs hitting Xbox, Doom developer id Software has laid off around 50 percent of its staff, according to Game Developer . One source claimed to the publication that the cuts equate to more than 90 redundancies....

  22. Microsoft Confirms 4,800 Job Cuts, Says AI Is Not Driving the Layoffs

    Innovation Village | Technology, Product Reviews, Business ·

    Microsoft has confirmed it will eliminate 4,800 jobs (about 2.1% of its global workforce) following an internal memo from Chief People Officer Amy Coleman to employees this week. The reduction is smaller than the up-to-5,700 figure...

  23. Microsoft joins AI-driven tech layoff wave with 4,800 job cuts

    Tech-Economic Times ·

    Microsoft is cutting approximately 4,800 jobs, representing 2.1% of its workforce. This move follows a wave of tech layoffs and significant AI infrastructure spending. The company faces pressure to demonstrate returns from its...

  30. Lucid overhauls its entire C-suite under new CEO after 18% layoffs

    Electrek ·

    Lucid is replacing almost its entire executive team under new CEO Silvio Napoli, bringing in a new CFO, CTO, and three other C-level leaders in a single announcement. The overhaul lands just over a week after the struggling EV maker cut...

  32. Microsoft Reportedly Plans Thousands of Layoffs Amid Cost-Cutting Push

    TechRepublic · · Unconfirmed

    Microsoft is reportedly preparing thousands of job cuts as AI spending rises, with sales, consulting, and Xbox among the areas expected to be affected. The post Microsoft Reportedly Plans Thousands of Layoffs Amid Cost-Cutting Push...

  34. Companies Begin to Rehire Following AI Job Cuts

    PYMNTS.com ·

    Employers who once viewed artificial intelligence as a replacement for workers are rehiring employees, CNBC reported Wednesday (July 1). The trend is happening amid investor worries about the viability of the AI boom, the report said....

  36. Microsoft Plans Up to 5,700 Layoffs as It Doubles Down on $100 Billion AI Push

    Innovation Village | Technology, Product Reviews, Business · · Unconfirmed

    Microsoft plans to cut about 5,700 jobs, which is under 2.5% of its global workforce. This follows a period of large spending on artificial intelligence while the company’s stock is at a 52-week low. Business Insider reported on June...

  37. TikTok weighs about 300 more job cuts at its Dublin hub

    TNW ·

    TikTok is considering cutting about 300 jobs at its European hub in Dublin, according to an email to staff seen by Bloomberg. For the people affected, that number is not abstract. The proposed redundancies would fall on roughly a tenth...

  39. Microsoft Plans Smaller Layoff Round as It Prioritizes AI Growth

    Electronics For You BUSINESS · · Unconfirmed

    Microsoft is reportedly preparing another round of layoffs, with sales, consulting and Xbox teams expected to bear the brunt as the company ramps up AI investments. Microsoft is preparing another round of layoffs that could affect...

  40. Microsoft to cut under 2.5% of workforce in latest layoffs: report

    Tech-Economic Times ·

    companies ‌have continued ⁠to trim ⁠headcount in recent months, with a fresh wave of layoffs across the ​technology, media and finance sectors as firms rein in costs, while investing heavily ​in AI infrastructure.

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