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META REORGANIZATION 2024
Meta targets May 20 for first wave of layoffs; additional cuts later in 2026The Facebook and Instagram owner will lay off about 10% of its global workforce, or close to 8,000 employees, in that initial round.- Intel pursued deals that boosted CEO Lip-Bu Tan's fortune, sources sayWhen the chairman of AI chip startup Rivos wanted Intel to bid for the company, he had no need to phone the chip giant. That's because the ...
- 1.2 million Americans laid off in 2025 as job cuts hit highest level since the COVID-19 pandemic — Is AI now a major factor in U.S. job cuts?US layoffs 2025: More than 1.17 million Americans lost their jobs in 2025. Cuts surged 54% from last year. November alone saw 71,321 layoff...
- US layoffs hit highest level in two decades: A company-wise breakdown of massive job cuts by AI and cost-cuttingAmerica saw a massive job cut wave in October 2025. Over 153,000 jobs were lost, the highest in twenty years. Technology and warehousing se...
- Over 1,00,000 job cuts rattle tech industry in 2025: Amazon, Meta, Google, Intel lay off thousands of employees. Check full list of companiesTech layoffs 2025: Major technology companies worldwide are cutting costs, resulting in massive job losses. Firms like Amazon, Intel, and T...
- Google finds workaround for lobbying that omits big bossesAt the end of 2018, Google restructured its lobbying operations, moving in-house lobbyists to a subsidiary, Google Client Services LLC. Thi...
- 'Took a page from Elon Musk’s book of parenting': Billionaire CEO sparks outrage with sci-fi parenting plan to ‘stay relevant’ in AI ageAlexandr Wang, CEO of Scale AI, is postponing parenthood until Elon Musk’s Neuralink or similar brain-chip technology becomes viable for ch...
- Audio equipment firm Sonos lays off 200 employees to focus on smaller teamsSonos said it will reorganise its product organisation into separate groups for hardware, software, design, quality and operations, and mov...
- US stock market: S&P 500 ends higher as CPI data cements bets for Fed pauseThe S&P 500 consumer discretionary index climbed 0.9%, lifted as Ford Motor rallied 1.5% on the vehicle maker's plans to double the product...
- Wall Street gains as mixed CPI data bolsters rate-pause hopesMajor megacap growth stocks including Tesla, Meta Platforms, Microsoft and Amazon.com gained between 1.1% and 2%, with U.S. Treasury yields...
- EU tells Elon Musk to hire more staff to moderate TwitterThe demand complicates Musk's efforts to reorganize the loss-making business he acquired for $44 billion in October.
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