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Oracle is laying off thousands of employees as it invests heavily in artificial intelligence and builds new data centers. Workers in the U.S. and India have reported receiving termination emails, with some analysts predicting up to 30,000 job cuts.
Marketers are hesitant to leave their jobs due to a shrinking job market and AI-driven layoffs. While the economy appears stable, job postings are down, salaries are stagnating, and experienced marketers are increasingly reluctant to switch roles, fearing worse opportunities. This trend, termed "The Great Stay," highlights a growing divide between senior marketers and those at entry-level positions.
The article discusses the recent layoffs at the startup buenbit. It clarifies that these layoffs stem from the company's reliance on venture capital funding and the broader challenges faced by startups in the current market.
The article compares business to weightlifting, arguing that unlike sports, business is affected by capital cycles that can devastate companies overnight. It highlights how recent shifts in interest rates have led to widespread layoffs and a reevaluation of operating assumptions in the tech industry, creating challenges for both new and seasoned professionals. The author emphasizes the importance of real experience over theoretical knowledge in navigating these changes.
Bybit has unexpectedly begun allowing user registration and authentication for Chinese users, a significant shift from its previous policy prohibiting such actions. This move comes amid a cautious competitive landscape where other exchanges have already opened their doors to Chinese clients, leading to concern among Bybit’s employees.
The article discusses the current state of the tech industry in 2026, highlighting mass layoffs and a disconnect between workers and company values. It offers practical advice on how to regain control of your career by understanding workplace systems and power dynamics.
Amazon is cutting 14,000 jobs, raising questions about whether the layoffs stem from economic fears or a shift towards AI. The company's contradictory messaging about strong performance and the need for efficiency adds to the confusion. Insights from former employees suggest deeper issues within the organization.
The author reflects on their company's transition to a problematic SaaS platform, driven by leadership's decision to cut costs amid declining revenue. They detail legal concerns, technical failures of the new platform, and the emotional toll of job displacement.
Amazon is set to cut thousands more corporate jobs next week, aiming to reduce its workforce by 30,000. The layoffs will impact various departments, including AWS and retail. CEO Andy Jassy cites company culture as the reason for the cuts, rather than financial factors or AI advancements.
Amazon CEO Andy Jassy is pushing for a major restructuring to make the company operate like a startup, leading to significant layoffs and a return to in-office work. The latest round of cuts will affect around 14,000 employees, adding to over 27,000 job losses since late 2022, as Jassy aims to flatten management layers and improve efficiency amid rising competition and costs.
Jerome Powell highlighted a troubling disconnect in the labor market, where low unemployment masks a slowdown in job creation, partially driven by AI. Companies are laying off workers or pausing hiring as they leverage technology for efficiency, raising concerns about future employment. The Fed faces a complex policy challenge balancing inflation risks against declining job opportunities.
The author shares a disappointing lunch with a former Microsoft coworker who expresses deep resentment towards AI, reflecting a broader negativity in Seattle's tech scene. Many engineers feel disillusioned and stuck, believing they lack the skills for AI work, which stifles innovation and reinforces a cycle of self-doubt and stagnation.
Tailwind Labs laid off 75% of its engineering team due to a significant revenue drop linked to AI tools reducing website traffic and visibility for its commercial plans. Despite a growing user base for Tailwind CSS, the company's sustainability is at risk, prompting discussions on adjusting its business model.
A TechCrunch survey reveals that investors anticipate AI will significantly affect the workforce in 2026, potentially leading to job automation and layoffs. Experts expect companies will shift budgets from labor to AI, raising concerns about job displacement and the future of work.
Adam Wathan, CEO of Tailwind Labs, reveals that 75% of their engineering team lost jobs due to AI's effects on the business. Despite Tailwind's growing popularity, revenue has dropped significantly, leading to challenges in maintaining the framework and keeping the remaining staff paid.
Oracle may cut up to 30,000 jobs and sell its health tech unit, Cerner, to address financing challenges for its AI datacenter projects. A TD Cowen report highlights concerns from investors about Oracle's ability to fund its $300 billion contract with OpenAI, which could require $156 billion in capital. The bank also notes that US lenders are pulling back from financing Oracle's datacenter initiatives.
The article argues that while companies like Amazon and Target are laying off workers, AI isn't the primary cause. Instead, high spending on AI infrastructure without corresponding revenue growth is pressuring companies to cut costs. Various studies show that many AI initiatives are failing to deliver significant improvements in productivity.
Bybit, a major offshore exchange, has started allowing registrations from Chinese users, a significant policy change given its previous restrictions. This move follows competitors who have already opened to the Chinese market, causing concern among Bybit's staff. Other updates include Binance layoffs and regulatory changes in Hong Kong.
Major companies like Amazon and Target are laying off thousands of white-collar workers, reflecting a shift in the job market as automation and AI technologies advance. Many newly unemployed professionals are facing a tough job market with limited opportunities.
A former software engineer at Vimeo reflects on the company's decline from a creative video platform to an unrecognizable enterprise SaaS model. He details his experiences during significant layoffs and culture clashes that emerged as the company shifted its identity.
This article emphasizes the importance of facing your burn rate honestly as a founder. It outlines the dangers of self-deception regarding financial health and offers practical advice on how to assess runway and make necessary cuts to avoid crisis.
Employers predict that the job market for the Class of 2026 will be the worst in five years, with hiring likely to decline due to rising layoffs and the increasing capability of AI in handling entry-level tasks. This trend reflects a significant shift in employer expectations for new graduates.
Meta plans to lay off about 10% of its Reality Labs employees due to ongoing financial losses, totaling around $70 billion since 2020. The division focuses on metaverse products, which have failed to gain consumer traction, prompting a shift in the company’s focus toward AI development.
The article discusses a conversation about media layoffs, where Josh Kaplan from Smooth Media argues that the negative outlook on the media industry overlooks the opportunities in YouTube. He highlights YouTube as a thriving platform for media entrepreneurship amid the turmoil in traditional media.
Amazon mistakenly informed cloud staff about upcoming layoffs in an email, referencing "organizational changes." The company is expected to cut jobs across its corporate workforce, particularly in cloud and grocery divisions, following previous announcements of significant layoffs.
Mark Zuckerberg intends to significantly reduce funding for Meta's metaverse efforts, possibly slashing the budget by 30%. This could lead to layoffs in the metaverse group as early as January. The cuts affect initiatives like Meta Horizon Worlds and the Quest VR unit.
Amazon laid off over 14,000 employees, with nearly 40% in engineering. The cuts reflect a shift in company culture under CEO Andy Jassy, who aims to reduce bureaucracy and focus on AI investment. Further job reductions are expected in January.
Amazon announced it will cut 16,000 corporate jobs, part of a broader effort to streamline operations and reduce bureaucracy. This move follows a previous reduction of 14,000 jobs in October, indicating ongoing adjustments as the company shifts its focus towards efficiency and artificial intelligence.
Palmer Luckey argues that Meta's recent closure of its VR game studios is beneficial for the industry's long-term health. He believes the layoffs are part of a necessary shift away from competing with smaller developers and emphasizes that Meta still leads in VR employment.
Pipe reported only $7.1 million in revenue for 2024 while burning $47 million in cash, according to leaked documents. Despite plans for a significant partnership with Uber, the company laid off half its staff shortly after announcing the deal, raising questions about its financial stability and future growth projections.
Pinterest will lay off less than 15% of its workforce and reduce office space as it focuses on artificial intelligence. The company expects restructuring costs of $35 million to $45 million and aims to enhance AI-driven features for users and marketers. Shares dropped over 9% following the announcement.
HP plans to cut 4,000 to 6,000 jobs by fiscal 2028, focusing on AI to save $1 billion annually. The layoffs will primarily affect product development, operations, and customer support roles. This move aligns with a broader trend of tech companies reducing staff in favor of AI integration.
The article reviews key trends in video game design for 2025, highlighting the rise of AA games and indie developers over traditional blockbusters. It discusses the stagnation of VR, the nostalgia for remakes, and the ongoing influence of AI, while also noting the challenges faced by the industry, including layoffs and the struggle of annual franchises.
Amazon will cut about 16,000 corporate jobs, following a previous reduction of 14,000 workers last October. CEO Andy Jassy is aiming to streamline operations and invest in artificial intelligence, which may further reduce the workforce in the future.
Amazon CEO Andy Jassy stated that the recent layoffs of approximately 14,000 corporate employees were driven by a need for cultural agility rather than financial strain or automation. This reflects a shift towards reducing management layers and enhancing efficiency amidst ongoing technological transformations at the company.
xAI recently laid off 500 employees, representing one-third of its data annotation team, while simultaneously planning to increase their specialist AI tutor team by tenfold. The layoffs were described as brutal, with immediate system access termination and a contentious timing that left many employees feeling undervalued and disrespected. This situation highlights a growing trend in the AI sector, where generalist roles are being replaced by specialized positions amidst rapid restructuring.
Google has laid off hundreds of employees from its Platforms and Devices division as part of a strategy to become more nimble and effective. The layoffs follow a voluntary exit plan offered earlier this year, aimed at addressing employee dissatisfaction and operational efficiency. This restructuring comes amid a broader trend of layoffs in the tech industry, although AI sectors continue to experience a labor shortage.
Amazon has laid off at least hundreds of employees in its Amazon Web Services (AWS) division, following a warning from CEO Andy Jassy about workforce reductions due to the rise of generative AI. This move aligns with trends in the tech industry, where companies are increasingly automating tasks to reduce costs.
An Xbox executive recently advised laid-off staff to consider pursuing careers in artificial intelligence as the tech industry evolves. The executive emphasized the growing demand for AI expertise and the potential for new opportunities in this field. This recommendation comes amidst significant layoffs across the gaming and tech sectors.
The Consumer Financial Protection Bureau (CFPB) is facing a significant layoff of approximately 1,500 employees, stemming from a recent termination notice linked to a court order. This decision is expected to have a profound impact on the agency's operations and oversight capabilities within the financial sector.
Microsoft is set to lay off several thousand employees, primarily in its sales department, as part of a restructuring aimed at optimizing its workforce while advancing its costly artificial intelligence initiatives. This move follows a previous reduction of 10,000 jobs in January 2023 and comes just before the start of the company's new fiscal year in July.
Tech executives are making bold predictions about AI replacing developers, but this could backfire as the quality of AI-generated code relies on human-created content. Companies that invest in augmenting their developers with AI tools are likely to outperform those that opt for workforce reductions, as the latter risks losing vital talent and innovation. The future of software development may hinge on how organizations balance AI utilization with human contributions.
Intel plans to lay off 15% of its workforce and cancel billions in new chip facility projects in Europe as part of a strategy shift aimed at reviving its business. The company will concentrate on the competitive AI chip market, regain market share in personal-computer processors, and advance its 14A technology for major clients.
Meta is laying off approximately 600 employees from its artificial intelligence unit to streamline operations and reduce redundancy. The cuts primarily affect the AI infrastructure and research teams, while key personnel in the new Superintelligence Labs remain unaffected. CEO Mark Zuckerberg's dissatisfaction with AI progress and the recent lukewarm response to the Llama 4 models have prompted these measures as the company intensifies its AI investments amid competition from rivals like OpenAI and Google.
Scale AI has announced a layoff of 14% of its workforce, primarily affecting its data labeling operations. This decision comes as the company adjusts to changing market demands and seeks to streamline its operations amidst increased competition in the artificial intelligence sector.
XAI has reportedly laid off 500 workers from its data annotation team as part of a restructuring effort. This decision highlights the ongoing challenges in the tech industry related to workforce management and operational efficiency.
Microsoft is set to lay off approximately 9,000 workers, following the elimination of around 6,000 roles in May. This latest round of job cuts affects less than 4% of the company's global workforce and spans various levels and teams, with notable reductions in the gaming segment.
Amazon is laying off approximately 14,000 corporate workers, about 4% of its workforce, as it reallocates resources to invest heavily in artificial intelligence amid pressure from investors to tighten finances. The layoffs follow disappointing growth in Amazon's AI business and come in the context of broader job cuts across the retail sector, including Starbucks and Target. CEO Andy Jassy has indicated that increasing efficiency through AI will likely reduce the overall corporate workforce in the coming years.
Google has offered buyouts to employees in various divisions, including its knowledge and information unit, as part of a strategy to reduce headcount following previous layoffs. The voluntary exit program encourages those not aligned with the company's goals or struggling in their roles to consider leaving, while also mandating a return to office for some remote workers. This shift towards buyouts comes amid ongoing cost-cutting measures as Google invests in AI infrastructure.
Amazon CEO Andy Jassy announced that the company's corporate workforce will decline as generative AI tools are integrated, leading to fewer employees in some roles and a shift towards different job types. The memo follows significant layoffs at Amazon and highlights the company's commitment to leveraging AI for efficiency across various operations. Jassy emphasized the need for employees to adapt by learning to utilize AI effectively.
The once-coveted perks and job security associated with tech positions are disappearing as companies like Google, Meta, and Amazon impose stricter demands on employees. With layoffs and increased responsibilities becoming the norm, tech workers now experience the same stresses as those in other industries.
Eigen has announced a 25% reduction in its workforce as part of a restructuring effort to enhance operational efficiency. The layoffs are aimed at aligning resources with the company's strategic goals amid challenging market conditions.
SoftBank Group plans to lay off nearly 20% of its Vision Fund employees as part of a strategic shift towards artificial intelligence investments. This move, driven by founder Masayoshi Son's vision for high-risk, high-reward projects, follows a strong quarterly performance for the fund, supported by gains in public holdings.
Google is requiring some remote employees to return to the office for a hybrid work schedule or face job cuts, reversing previous remote work approvals. This shift comes as the company seeks to cut costs while investing heavily in artificial intelligence, amid broader trends in the tech industry tightening remote work policies. Employees within proximity to offices must comply or opt for voluntary exit packages.
Fiverr, the freelance marketplace, is experiencing significant layoffs as the demand for AI-driven services grows, impacting traditional freelance jobs. The shift towards automation and AI solutions is reshaping the landscape for freelancers, leading to concerns about the future of gig work.
Intel's CEO has stated that the company has fallen behind in the competitive AI landscape, claiming it is too late for Intel to catch up. Additionally, Intel has dropped out of the top 10 semiconductor companies as it faces significant layoffs globally.
Google has reduced its management team by over one-third as part of an effort to streamline operations and increase efficiency. Executives reported that many former managers are now working as individual contributors, and the company has also introduced voluntary exit programs for employees seeking career breaks. Despite recent layoffs and cuts, Google aims to maintain a competitive benefits structure without adopting policies similar to those of Meta.
Meta Platforms is cutting approximately 600 jobs from its AI division, impacting teams involved in AI products and research. However, the new TBD Lab unit, which focuses on high-profile AI projects, will not be affected by these layoffs, and the company aims to continue hiring AI talent.
Microsoft is laying off 3% of its workforce, approximately 6,000 employees, as part of organizational changes to adapt to a dynamic market. The layoffs, which include a significant reduction at the Redmond headquarters, are not performance-related and come despite the company reporting strong quarterly earnings. CEO Satya Nadella emphasized the need to adjust sales execution and management structures in response to shifting market demands.
Meta is facing scrutiny over its AI research following recent layoffs, raising concerns about the company's commitment to developing ethical superintelligence. The article discusses the implications of these changes on the future of AI and the challenges Meta faces in maintaining its position in the competitive tech landscape.
Companies are increasingly laying off employees while implementing AI technologies, but many are reluctant to explicitly connect job cuts to AI advancements, opting instead for vague terms like "restructuring." Experts suggest that this trend reflects a strategic avoidance of backlash from employees and the public, even as AI's role in workforce changes becomes more apparent. The article highlights that while AI can automate many tasks, the need for human expertise remains crucial in various roles.
Microsoft is reportedly planning layoffs within its Xbox division, with rumors suggesting significant job cuts are imminent. The company has not confirmed the details yet, but the news raises concerns about the future direction of its gaming business.
Accenture plans to lay off employees who cannot be reskilled in artificial intelligence as part of a restructuring strategy that emphasizes upskilling and investment in AI. The company has already reskilled 550,000 workers and aims to save over $1 billion through its business optimization program while continuing to hire AI talent. CEO Julie Sweet highlighted the critical role of AI for future growth amidst increasing client demand.
The rise of generative AI is causing widespread layoffs in consulting firms, prompting employees to create shadow AI apps to maintain their relevance and productivity. These unauthorized tools are increasingly being adopted as traditional IT frameworks struggle to keep pace, leading to a need for strategic governance to manage associated risks.
Meta is directing managers to increase the number of employees rated as "below expectations" in their midyear performance reviews, aiming for 15% to 20% of large teams to fall into this category. This follows CEO Mark Zuckerberg's push to expedite the removal of low performers, with the midyear reviews seen as an opportunity for potential job cuts. The process is set to start on June 16, with discussions occurring from July to August.
Digital-native publishers like Business Insider are facing significant challenges due to the rise of AI, which threatens their traditional traffic-dependent business model. CEO Barbara Peng announced a strategic shift towards AI integration, emphasizing a need to reduce reliance on web traffic while exploring new revenue streams like subscriptions and live events. However, the transition is seen as reactive rather than proactive, highlighting the vulnerabilities of such publishers in the evolving media landscape.
Amazon is set to eliminate up to 30,000 corporate positions as part of a strategy to cut costs and streamline operations following overhiring during the pandemic. This reduction represents nearly 10% of its corporate workforce and is the largest job cut since late 2022.
Amazon is reportedly set to lay off up to 30,000 corporate employees, marking its largest staffing reduction since 2022. The layoffs are part of the company's strategy to reduce expenses and adjust for overhiring during the pandemic, coinciding with the upcoming earnings report and the anticipated impact of generative AI on job roles within the company.
The Ashinsky Metallurgical Plant in Chelyabinsk, Russia, has announced a suspension of part of its production, leading to the layoff of over 300 employees as it shifts focus to core products and modernization. This decision comes amid declining demand for stainless steel, prompting regional authorities to investigate the situation further. The plant is a key supplier for Russia's defense and industrial sectors.
Amazon is set to lay off up to 30,000 corporate employees, representing about 10% of its corporate workforce, as part of a cost-cutting strategy amid rising efficiency from AI and a restructuring effort by CEO Andy Jassy. This move follows previous layoffs and comes as the company prepares for a busy holiday season, planning to hire 250,000 seasonal workers. The layoffs may also reflect the company's response to pressures from financial goals and the ongoing demand for automation.
The Ashinsky Metallurgical Plant (AMZ), a major Russian defense supplier, will suspend its stainless-steel division and lay off over 300 employees due to significant financial losses, with a reported net loss of approximately $2.4 million in the first quarter of 2025. The decision is part of a broader strategy to concentrate resources on core production and modernization amid declining market demand. The plant's management indicated job placement assistance will be provided to affected workers.
Amazon is set to announce its largest layoffs in history, with plans to cut as many as 30,000 corporate jobs starting Tuesday. This move is part of a broader cost-cutting strategy by CEO Andy Jassy, which has already seen over 27,000 employees laid off since 2022 due to economic pressures and the company's shift towards generative AI.
Amazon is set to announce its largest layoffs in company history, with plans to cut as many as 30,000 corporate jobs starting Tuesday. This move is part of a broader cost-cutting strategy initiated by CEO Andy Jassy, reflecting ongoing challenges in the tech industry and a shift towards embracing generative AI.
Amazon.com Inc. is reportedly planning to cut up to 30,000 corporate jobs across several key departments, including logistics, payments, video games, and cloud computing. The layoffs are expected to commence as soon as Tuesday, according to sources familiar with the matter.
Amazon announced layoffs affecting 14,000 corporate workers, with plans to ultimately cut up to 30,000 jobs, or about 10% of its workforce. These reductions are part of a broader strategy to reduce expenses as the company faces increased competition in the cloud computing sector and ramps up spending on AI.
Paramount Skydance is set to lay off approximately 1,000 employees in the U.S. this week, with total job cuts expected to reach around 2,000 as part of a cost-saving initiative following the merger with Paramount Global. The move is part of a broader strategy to reduce expenses by over $2 billion amid challenges in the media industry, including declining revenues from traditional cable and broadcast television.
Amazon is set to cut approximately 30,000 corporate jobs, representing nearly 10% of its corporate workforce, as part of a cost-cutting measure following overhiring during the pandemic. This decision aligns with CEO Andy Jassy's earlier warnings about potential job reductions due to advancements in artificial intelligence. The layoffs will affect various divisions, including human resources and operations.
The article provides a roundup of recent technology news, highlighting significant developments such as a $1 billion partnership between the U.S. Department of Energy, AMD, and HPE for AI supercomputers, Amazon's plans to lay off tens of thousands of corporate employees, and breakthroughs in pixel technology. Other notable stories include the withdrawal of a controversial grant proposal by the Python Software Foundation and the introduction of new features by various tech companies.
Amazon is reportedly planning to lay off up to 30,000 corporate employees this week, marking the largest reduction in its history. This follows previous layoffs that cut 27,000 jobs in 2023, as the company attempts to streamline operations amid rising costs and the impact of artificial intelligence on workforce needs.
Intel has significantly reduced its workforce by 35,500 jobs in under two years, with over 20,000 layoffs occurring recently under CEO Lip-Bu Tan's leadership. This restructuring effort aims to align the company with market realities and has involved substantial cuts to research and development budgets, as well as a focus on high-return projects. Despite these challenges, Intel reported a return to growth and profitability in Q3 2025, although it continues to navigate a complex corporate environment.
Amazon is reportedly set to lay off up to 30,000 corporate employees as part of a significant workforce reduction aimed at cutting expenses after over-hiring during the pandemic. The layoffs will affect various business units and come as the company invests heavily in artificial intelligence, which is expected to reduce the need for certain jobs in the future.
Amazon has announced plans to cut approximately 30,000 corporate jobs, representing about 10% of its workforce, as part of efforts to address overhiring during the pandemic. This marks the largest layoff since 2022, affecting various divisions, including human resources and operations, with notifications expected to be sent out to impacted employees soon.
Many American companies are opting to maintain or even reduce their workforce, betting that artificial intelligence can handle increased sales and operational demands without additional hiring. Firms like JPMorgan Chase and RTX are leading the trend, citing a cautious approach to hiring in an uncertain economic climate.