UPDATED
Latest InfoTech News, IT, Information Technology News | The HinduBusinessLine · · Unconfirmed
The layoffs will impact thousands of roles, including sales and consulting, as well as jobs at the Xbox gaming division, the Business Insider report said
Engadget ·
Xbox union members argue for transparency and good-faith bargaining.
DQ : Latest Posts ·
There is a sentence that appears in almost every major tech layoff in 2026. It goes something like this: we are investing heavily in AI, and to do that, we need to restructure. Cisco's version of that sentence came from CEO Chuck...
TechCabal ·
Between January 2023 and March 2026, at least 56 layoff events (4,948 disclosed job losses) swept through Africa’s tech ecosystem. The data, compiled by TechCabal Insights , cuts through the noise of individual layoff announcements to...
Hacker News ·
SecurityWeek · · Medium severity
Other noteworthy stories that might have slipped under the radar: Russia used Cellebrite to hack activist’s phone, Five Eyes issue urgent AI threat warning, macOS Gaslight backdoor, Scattered Spider guilty pleas. The post In Other News:...
Ghacks Technology News ·
Bungie has confirmed significant layoffs affecting most of the Destiny team and some members of the Marathon team, marking the third and largest wave of cuts since Sony acquired the studio in 2022. Some Sony employees who work closely...
GeekWire ·
Amperity co-founders and co-CEOs Kabir Shahani, left, and Derek Slager. Seattle-based customer data startup Amperity conducted layoffs this week, the company confirmed to GeekWire, citing a transformation related to its use of more...
Engadget ·
Some devs working on Marathon have also been laid off and studio head Justin Truman has stepped down.
DQ : Latest Posts · · Unconfirmed
On 31 March 2026, thousands of Oracle employees across the US, India, Canada and other global offices reportedly woke up to a 6 AM termination email. The emails, sent by “Oracle Leadership” and obtained by Business Insider, reportedly...
The Verge ·
Now that Bungie has moved on from Destiny 2 , the game studio is being hit with its latest round of layoffs. In a statement posted on X , the studio said that "we are announcing a reduction in force as we reorganize Bungie." No specific...
Ars Technica ·
The growing use of AI contributed to Oracle laying off 21,000 workers in a year, according to a Securities and Exchange Commission filing on Monday. In its annual regulatory filing for the fiscal year ending May 31, Oracle said it has...
PYMNTS.com ·
Oracle reduced its workforce by 21,000, or about 13%, during the year ended May 31. The company now has 141,000 full-time employees, according to its latest annual report . That’s down from 162,000 employees in Oracle’s previous annual...
Engadget ·
Oracle's latest filings say it employs 141,000 people, down from 162,000 last year.
TechCrunch ·
A running look — in reverse chronological order — at the bigger tech companies that have announced significant layoffs this year with AI as a stated factor.
CleanTechnica ·
Rivian is in the middle of a big moment in its still fairly young life. It is stepping out of the very expensive portion of the SUV and truck market and into the moderately expensive portion of the market. It is expected to sell a lot...
TechCrunch ·
Unlike many of his tech industry peers who have cut thousands of jobs citing the need to restructure to make the most of AI, Robinhood's CEO Vlad Tenev conspicuously made no mention of AI in his note about layoffs.
Engadget · · Unconfirmed
Things continue to look grim for Xbox as layoffs loom and Craig Duncan steps down.
TechCrunch · · Unconfirmed
What makes this combustible: at the very moment that tens of thousands of workers are being shown the door, a small cohort of AI insiders is becoming wealthy on a scale that's hard to comprehend.
Ghacks Technology News ·
Xbox CEO Asha Sharma has indicated that Microsoft’s gaming division will undergo significant layoffs and structural changes, according to a staff memo published on the Xbox blog. The memo did not explicitly mention layoffs, but sources...
TechSpot ·
Although Xbox chief Asha Sharma didn't say "layoffs" in her recent memo to staff, the message's tone certainly gives off the feeling that they're coming. Sources recently informed Bloomberg that layoffs are indeed on the horizon as...
SecurityWeek · · Medium severity
Other noteworthy stories that might have slipped under the radar: ICS device exposure remains flat as attack surface widens, Microsoft issues incident response playbook for AI, IBM and AT&T accused of hack cover-ups. The post In Other...
Silicon Republic · · Unconfirmed
Xbox is more negatively affected by the ongoing component crisis due to choices made by the company, Asha Sharma said. Read more: Xbox reportedly planning layoffs to tackle dwindling revenue woes
Tech.eu · · Unconfirmed
Pleo , the spend management fintech, has undergone a fresh round of job cuts, with around 50 staff understood to be laid off. The latest cuts follow Pleo laying off around 100 workers last year. The latest job cuts, which took place...
GeekWire ·
Microsoft’s restyled Xbox logo. (Microsoft Image) Xbox CEO Asha Sharma, roughly 100 days into her tenure, delivered a blunt assessment of Microsoft’s gaming business in a memo to employees Wednesday, saying that heavy spending with thin...
PYMNTS.com ·
Technology companies in the United States announced 38,242 job cuts in May, an almost two-year high. For the third consecutive month, artificial intelligence was the main reason cited by employers for these layoffs, outplacement firm...
TechSpot ·
Writing in a post last week titled "Zero Evidence of AI-Related Job Losses," Sløk points to ADP employment data to support his conclusion. The report found that private companies added almost 110,000 people to their payrolls in April.
GeekWire ·
Onlookers gather along the Lake Union waterfront to take in Mark Zuckerberg’s 387-foot superyacht. (GeekWire Photo / Todd Bishop) This week on the GeekWire Podcast: Mark Zuckerberg’s 387-foot superyacht arrives in Seattle , cruising...
TechCrunch ·
The nine-year-old startup is replacing hundreds of employees with thousands of AI agents.
TechSpot ·
Consulting firm Mercer's Global Talent Trends report covers several AI-related topics. The most depressing finding is that virtually every one of the 825 C-suite leaders who participated expects AI to lead to at least some headcount...
Slashdot ·
Tech industry layoffs may be worse at large tech companies than the rest of the IT industry. The New York Times argues those layoffs have now shifted the culture at Big Tech companies, after interviewing more than two dozen of their...
Gizmodo ·
CEOs love automation, but don't think humans and machines can coexist in the workforce, survey finds.
Slashdot ·
"The numbers show that layoffs in the U.S. are roughly at or below levels from before the pandemic," reports the Washington Post, "although they are higher than in 2022 when businesses snapped up workers as the economy roared back to...
TechSpot ·
Meta's decision to lay off 8,000 workers to offset AI investments while potentially redirecting another 7,000 toward AI-related roles is the largest in a brutal series of tech company layoffs over the past month. Layoffs have exceeded...
TechSpot ·
CEO Sasan Goodarzi sent an email to staff yesterday saying that the 17% staff reduction would help the firm deliver better products. Goodarzi added that the reductions would help reduce complexity at the organization by simplifying its...
Engadget · · Unconfirmed
Meta lays off around 10 percent of its total staff as it pivots toward AI.
TechRadar ·
The Register · · Unconfirmed
Meta's massive role reshuffle begins today, with thousands of staff being transferred to AI-focused teams and their managers reportedly laid off. The tech giant is reassigning 7,000 workers to AI projects, eliminating around 10 percent...
SiliconANGLE · · Unconfirmed
is reportedly reassigning about 7,000 workers into new artificial intelligence roles as part of the broader restructuring that brings layoffs of roughly 8,000 staff into effect on Wednesday. The reassignments were disclosed in a memo on...
Wired ·
On the eve of about 8,000 jobs being cut, employees are cashing in on headphone stipends and other perks while they still can.
Updated's live feed refreshes every 5 minutes with breach alerts, bookmarks, a personalised feed and a Monday digest.
Join Updated free