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AMAZON LAYOFFS ROBOTS REPLACING 600000 WORKERS
AI robotics company Theker raises $85 million from investors including LVMHTheker, an AI robotics firm from Barcelona, has secured $85 million in new funding. This investment was led by CRV and included major playe...
US jobless aid filings rise to 229,000 last week, remain historically low despite Iran war headwindsAmerica's jobless claims saw a slight increase last week, yet remain historically low. This comes despite economic challenges linked to the...
Meta-Reliance AI hub; SAP CEO on India's AI edgeMeta has tapped Reliance for India AI data centre. This and more in today's ETtech Top 5.
L&T betting big on 'digital workers' to overcome manpower challenges in projects: CFO R Shankar RamanLarsen & Toubro is embracing automation and robotics to boost construction. The company aims to transform the industry by reducing reliance...
Salesforce layoffs: Employees from Agentforce AI, Mulesoft IT teams handed pink slipsThe enterprise software company has undertaken a fresh round of layoffs, affecting employees working on its Agentforce AI product, Mulesoft...
L&T betting big on 'digital workers' to overcome manpower challenges inprojects: CFO R Shankar RamanLarsen & Toubro is embracing automation and technology for construction growth. The company is using robots for tasks like welding and plas...
US bill targets H-1B pipeline, seeks to end route to permanent residencyA Republican lawmaker has introduced legislation to overhaul the H-1B visa program, aiming to end its use as a pathway to permanent residen...
US weekly jobless claims increase more than expected; labor market remains stableDespite high-profile job cuts by technology firms related to the adoption of artificial intelligence, layoffs have remained low, confining ...
Job cuts in U.S: Lay offs total over 97,000 in May, highest in six years. Check what is disrupting jobs marketLay offs in the U.S. continue to make headlines as job cuts in the country were estimated highest since 2020.
Amazon unveils upgraded autonomous robot Proteus, expands Amazon Now in UKAmazon unveiled its next-generation autonomous robot, Proteus, designed to automate heavy lifting tasks and respond to natural language com...
EU could lose 1.3 million jobs due to energy price surge linked to Iran war, Commission saysEuropean industries are bracing for significant job cuts. Up to 1.3 million jobs are at risk across automotive, construction, metals, chemi...
Chinese humanoids are one step closer to IPOsChina’s robotics sector is gearing up for a wave of IPOs as the country positions itself at the forefront of the next phase of AI. Unitree ...
'This seems the future of manufacturing': Harsh Goenka shares eye-opening factory video. WatchIndustrialist Harsh Goenka shared a video showing garment workers wearing sensors. This technology captures hand movements to train artific...
Employee asks if he was getting fired by someone he referred. Boss looked at him dead in the eye and lied — then this happenedA professional referral turned sour when an individual was laid off by a colleague they had recommended for a leadership role. Despite a di...
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...
'Thought Amazon on my resume was enough': Ex-employee says he's still looking for job 8 months after layoff despite calls from Google, Uber, Agoda & American ExpressA former Amazon employee's struggle to find a new job nearly eight months after being laid off in 2025 has highlighted the challenges facin...
JD.com founder vows to protect Chinese jobs from AI and robotsThe company, which is one of the country’s largest employers by headcount, will “do everything possible to safeguard employment for hundred...
'No email, just locked out of my laptop': Laid off Webflow employee calls out CEO, says 'I'm certain she would have the dignity to...'Webflow CEO Linda Tong faced criticism after a Canada-based employee was locked out of his laptop and company accounts without prior notifi...
Jeff Bezos rejects AI-induced job-loss fears, says the technology will ‘elevate’ workersAmazon founder Jeff Bezos dismissed AI job loss fears, predicting it will instead create labour shortages and boost worker productivity. He...
Amazon layoffs 2026: Amazon fires another wave after 30,000 cuts — who is next, and why AI is replacing jobs faster than anyone warnedAmazon Layoffs Hit Selling Partner Services: The latest Amazon layoffs are tied directly to the company’s broader restructuring efforts. Ac...