Reddit shares jumped over 12% on Friday after an upbeat quarterly revenue forecast underscored growing returns from the social media compan...

The strong results ⁠signal that ⁠the company's strategy is paying off as Reddit takes on bigger ad rivals such as Meta's Instagram and Face...

Block shares rose sharply on ⁠Friday, underscoring ⁠how markets are increasingly rewarding companies that present AI not as an experiment b...

Major companies like Amazon, Pinterest, and Expedia are announcing significant job cuts. While many firms cite artificial intelligence as t...

Many assumed Amazon's 16,000 corporate layoffs announced last week reflected CEO Andy Jassy's push to "reduce our total corporate workforce...

Companies are increasingly pointing to artificial intelligence when announcing job cuts, alongside more traditional reasons such as weak fi...

Dow Inc. plans major layoffs as it focuses on AI, automation, and cost savings. The chemical company will cut thousands of jobs and spend m...

Reuters first reported last week that Amazon was planning a second round of job cuts as part of a broader goal of trimming about 30,000 cor...

Pinterest said on Tuesday it would reduce its workforce by less than 15% and shrink office space, as the social media company reallocates r...

Pinterest layoff: Pinterest will cut 15% of its workforce as it accelerates a shift toward artificial intelligence. The layoffs affect abou...

LinkedIn appoints Deepak Agarwal as the new chief AI officer, marking his return to the company where he previously led AI initiatives. Wit...

The layoff wave has swept not only startups and mid-sized firms, but also big tech companies such as Amazon, Microsoft, and Google parent A...

In September, Bloomberg reported that Sea cut 3% of employees at the Indonesian unit.

CEO Jamie Iannone said the company decided to make cuts after examining the global macroeconomic environment over the past several months.

Pinterest said it expected revenue to grow in low-single-digits in the first quarter, compared with estimates of about 7% growth.

The layoffs at Pinterest, which had about 4,000 employees as of the end of the third quarter, came from teams across the company, though no...

In his new role, Stone will be focused on company culture, and he's not replacing another executive or filling a vacancy, he said.