Updated logoUPDATED

Tech Layoffs News

240 stories · Updated every 5 minutes · Page 6 of 6

  2. Before Mass Layoffs, Meta Reassigns 7,000 Workers To Focus On AI

    Slashdot ·

    An anonymous reader quotes a report from the New York Times: Meta told employees on Monday that it was reassigning 7,000 workers to focus on new initiatives around artificial intelligence, the latest change in a company transformation...

  3. SeatGeek Brings Connected Arena Strategy to NBA Playoffs

    PYMNTS.com ·

    Live entertainment is being rebuilt around the same principles that transformed eCommerce, theme parks and travel. “The fan’s journey now extends so far beyond that ticket to get into the arena,” Brannon Desseyn, product manager at...

  4. 1 in 5 Brits think AI layoffs could trigger civil unrest

    The Register ·

    Brits increasingly suspect the AI jobs revolution may end with fewer graduate roles, richer shareholders, and possibly riots. New research from King's College London found that more than one in five people in the UK believe AI could...

  6. Meta Layoffs Stress Harsh AI Reality Inside Zuckerberg's Company

    Slashdot · · Unconfirmed

    Meta is expected to begin cutting about 8,000 jobs this week as it pours more money into AI infrastructure and looks to "offset" other investments, with additional layoffs reportedly possible later this year. According to CNBC, the...

  8. Meta Workers Fear Further Job Cuts as Layoffs Begin

    PYMNTS.com ·

    Meta will cut around 8,000 jobs this week amid increased artificial intelligence (AI) spending. And as CNBC reported Monday (May 18), those layoffs could be part of a larger series of cuts at the tech giant. Current and former Meta...

  9. AI-Driven Layoffs Make No Business Sense

    CIO.com ·

    A large majority of large companies have reduced workforces after deploying artificial intelligence initiatives, but reducing the number of employees does not lead to the return on investment that managers expect. 80% of large companies...

  11. Former Disney Animator: Marvel Layoffs Point to a Bigger AI Shift

    TechRepublic ·

    Former Disney animator Tom Bancroft says Marvel layoffs reflect Hollywood’s shift toward freelancers, AI tools, and uncertain creative pipelines. The post Former Disney Animator: Marvel Layoffs Point to a Bigger AI Shift appeared first...

  13. Cisco announces record revenue and 4,000 layoffs in the same day

    Ars Technica ·

    Following a quarter in which his company delivered record revenue, Cisco CEO Chuck Robbins announced that the company's latest round of layoffs begins today. In a blog post yesterday, Robbins was quick to boast that Cisco’s fiscal Q3...

  15. AI-driven layoffs aren’t making business sense

    CIO.com ·

    A huge majority of large enterprises have laid off employees after rolling out AI initiatives, but reducing headcount doesn’t lead to the ROI executives may expect. Eighty percent of large enterprises surveyed by Gartner have reported...

  16. LinkedIn announces layoffs: 78 Irish jobs reportedly at risk

    Silicon Republic · · Unconfirmed

    LinkedIn said Reuters' report suggesting 5pc jobs cuts is 'inaccurate', but did not provide any further details. Read more: LinkedIn announces layoffs: 78 Irish jobs reportedly at risk

  18. LinkedIn is about to experience company-wide layoffs

    SiliconANGLE ·

    Microsoft Corp.-owned LinkedIn is about to layoff about 5% of its staff, according to report in Reuters today. Speaking on the condition of anonymity, a person familiar with the matter told Reuters that the networking giant will...

  20. LinkedIn becomes the latest name on a 100,000-job tech layoff list

    TNW ·

    Microsoft’s professional network becomes the latest name on a list that now includes Meta, Amazon, Oracle, and IBM, even as the same companies are guiding $725 billion of AI capital spending this year. LinkedIn is cutting roughly 5% of...

  25. GitLab promises a different kind of layoff as biz pivots toward AI

    The Register ·

    GitLab has opened the voluntary separation window and hopes an unspecified number of employees will exit the busniess to help it become "the trusted enterprise platform for software creation in the AI era." According to CEO Bill...

  31. More Tech Layoffs: Coinbase Cuts 14% of Workforce in AI Push

    TechRepublic ·

    Coinbase will lay off about 700 employees as CEO Brian Armstrong pushes a leaner, AI-native structure amid weaker crypto trading conditions. The post More Tech Layoffs: Coinbase Cuts 14% of Workforce in AI Push appeared first on...

  34. AI layoffs backfire as cutting staff doesn't cut it, firms warned

    The Register ·

    Bosses betting on AI to slash headcount and boost margins are discovering an uncomfortable truth: the strategy isn't working. New research from Gartner lays out the problem in stark terms. The analyst firm surveyed 350 global businesses...

  37. What if Tech Company Layoffs Aren't All About AI?

    Slashdot ·

    "Running a Big Tech company during Silicon Valley's AI mania may not necessarily require fewer workers or cost less," writes the Washington Post: Amazon, Google and Meta together have roughly the same number of employees now as they did...

  38. AI Layoffs Aren't About AI

    Daniel Miessler ·

    Let me try to explain these AI layoffs. The issue is the vast difference in quality of employee between the top 10% and everyone else. AI can't come anywhere close (today) to replacing the top performers at a big company.

Get these stories the moment they break

Updated's live feed refreshes every 5 minutes with breach alerts, bookmarks, a personalised feed and a Monday digest.

Join Updated free

Tech news by section

Tech news by region

Trending topics