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Over 114,000 jobs cut in tech so far in 2026 as AI drives layoffs at Amazon, LinkedIn, othersTech companies are implementing significant workforce reductions, with 114,210 roles cut in early 2026, driven by AI and automation. Major ...
Over 92,000 tech layoffs in just 5 months of 2026: AI replacing jobs faster than expected as Meta, Microsoft, Amazon job cuts trigger fear in USTech layoffs 2026: Over 92,000 tech jobs vanished by May 2026, with April seeing the worst layoffs in two years. US tech giants like Meta, ...
US stocks today: S&P 500, Nasdaq at record highs as oil pullback brings reliefThe S&P 500 and Nasdaq reached record highs on Thursday, driven by a significant drop in oil prices. Hopes for a U.S.-Iran peace agreement ...
Snap flags ad revenue hit from Middle East conflict, slower North America growthSnap experienced a decline in advertising revenues during the first quarter, largely impacted by ongoing tensions in the Middle East and a ...
Expedia names former Snap executive as new CFOExpedia Group has appointed Derek Andersen as its new finance chief. Andersen, formerly with Snapchat parent Snap, will assume his new role...
Tech layoffs top 73,000 in 2026 as AI drives cuts at Meta, Oracle, othersTech giants are slashing thousands of jobs in 2026, with Meta, Snap, Oracle, and Atlassian leading the charge. AI and automation are cited ...
TCS declares Nashik WFH; Wipro Q4 resultsTata Consultancy Services has moved staff to work from home amid an ongoing investigation at its Nashik office. This and more in today’s ET...
Snap layoffs: CEO Evan Spiegel cites productivity gains from AI adoption in note to employeesSnap Inc. is laying off 1,000 employees, approximately 16% of its workforce, and eliminating over 300 vacant roles. CEO Evan Spiegel cited ...
Snap layoff was the 'best thing that has ever happened to me', said ex-employee who lost job 3 years ago. What is he doing now?Snapchat's parent company, Snap Inc., is laying off approximately 1,000 employees, about 16% of its workforce, to boost efficiency and inte...
He was laid off from Snap two years ago. Though sad, he looked forward to new possibilities and more family time. What is he doing now?The company that operates Snapchat has unveiled another large-scale downsizing move. In an official update, Snap Inc. stated on Wednesday t...
US Stocks: Snap to cut 1,000 jobs after activist pressure, bets on AI efficiency; shares up 5%Snap will lay off about 1,000 employees, including 16% of full-time staff, the company said on Wednesday, becoming the latest tech firm to ...
Job cuts in U.S.: Massive lay offs underway in Snapchat parent company. Check severance package, which employees are losing jobs right now?Snapchat, Meta, Nike, Citigroup, Morgan Stanley employees are under the job cuts threat. AI-driven automation is exposing multiple sectors ...
Snap layoffs: Company may cut up to 1 in 5 jobs; Perplexity integration called offSnap Inc. is reportedly planning substantial job cuts, potentially impacting 15-20% of its workforce, as reported by Alex Heath. While some...
Snap unit to use Qualcomm chips for upcoming AI smart glassesSnap's new Specs unit has struck a major deal with Qualcomm. Upcoming smart glasses will feature Qualcomm's Snapdragon XR processor platfor...
Meta pulls ads aimed at recruiting plaintiffs for social media addiction lawsuitsAt the end of March, a Los Angeles jury found Meta and Alphabet's Google liable for a young woman's depression and suicidal thoughts afte...
EU launches investigation into Snapchat over child safety concerns under Digital Services ActEuropean Union regulators are probing Snapchat. Concerns exist that the platform inadequately protects children. Risks include exposure to ...
Snapchat rolls out 'Family Center' feature that allows parents to see their teens' chat list, contactsThe feature will allow parents to directly report suspicious accounts on Snapchat.