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AI UNIT LAYOFFS
Employers added 172,000 jobs last month as US job market shows resilience despite Iran warAmerica's job market is surprisingly strong. Employers added many jobs in May, and unemployment remains low. This hiring rebound is seen ac...
Google Cloud layoffs: Threat intelligence team, Mandiant employees among those affectedGoogle Cloud has recently implemented job cuts, impacting teams including employees in Mandiant and its Threat Intelligence Group. These la...
US stocks today: Dow soars 800 points to hit record as Iran optimism offsets chip slump, weak jobs dataWall Street closed higher with the Dow hitting a record, lifted by easing Iran war concerns and gains in healthcare and financial stocks. H...
Ola’s valuation crashes 99%; Snapchat India ad pushHappy Thursday! American investor Vanguard has slashed the fair value of Ola's parent company. This and more in today’s ETtech Morning Disp...
Oracle to complete 30,000 job cuts by June 15: What's the reason, which team is impacted the most and what Oracle workers could be giving up when they sign severance agreementsOracle layoffs 2026: Oracle is finalizing its largest workforce reduction, with approximately 30,000 employees departing by mid-June. Despi...
India's brain-gain moment may be starting with a crack in the American dreamAs green card backlogs, visa uncertainty and layoffs reshape the American dream, India is emerging as a stronger destination for globally e...
Putting the Bekaart before AI's racehorse: How widespread adoption of the tech can fill the nation with Kantian roachesArtificial intelligence adoption threatens widespread job losses, wihch could devalue human work and necessitate government income support....
AI chiefs walk back job apocalypse warningsLeading AI figures like Nvidia's Jensen Huang and OpenAI's Sam Altman are now downplaying fears of mass job losses due to artificial intell...
Meta CEO Mark Zuckerberg makes two promises after 8,000 layoffs, one on future job cutsMeta CEO Mark Zuckerberg has assured employees that there will be no more company-wide layoffs this year following a major restructuring th...
Everyone talks about layoffs; few talk about the survivors: 25-year tech veteran lifts the lid on a silent struggle inside Big TechA former Big Tech software engineer with 25 years of experience has gone viral after sharing how surviving mass layoffs pushed him into sev...
California governor orders a plan to cope with AI job upheavalCalifornia Governor Gavin Newsom on Thursday ordered officials to start work on a plan to mitigate the job-destroying impact of artificial ...
Lenskart, Ola’s Q4 scorecards; Visa maze for laid-off techiesLenskart has posted a sharp jump in its March-quarter revenue even as profit dipped marginally. This and more in today’s ETtech Top 5.
Intuit to cut 17% of global jobs to streamline operations, memo showsIntuit is cutting around 3,000 jobs globally. This move aims to simplify operations and boost focus on key areas, especially artificial int...
Meta told employees to work from home, then sent 4 am layoff emails to US staff, leaked memo reads: 'We’re now at the stage where...'Meta Layoffs: Meta has laid off approximately 8,000 employees globally, with many receiving termination emails early Wednesday. This move i...
Meta layoffs to start from tomorrow: which teams will be affected? Here's the breakdownMeta layoffs tomorrow: Meta is initiating a significant round of layoffs, impacting approximately 10% of its global workforce, as it restru...
Sridhar Vembu says prepare for tough times as economic picture is getting grimmer, warns AI hype may not last longZoho founder Sridhar Vembu warns of a grim economic future. He believes artificial intelligence alone cannot solve deep-rooted issues. Vemb...
Meta lays out details of May 20 restructuring in internal documentMeta is implementing significant workforce changes, laying off 10% of its global employees this week and planning further cuts. These moves...