Roblox, Reddit and Atlassian stock prices and earnings explain market reaction after forecast changes and AI growth signalsRoblox, Reddit and Atlassian stock prices and earnings explain market reaction after forecast changes and AI growth signals. Roblox shares ...
02 May, 2026, 04.06 AM IST
Jack Dorsey sounds layoff alarm after Block slashes 50% staff — which companies could be next?Tech layoffs 2026: Block is slashing over 4,000 jobs, nearly half its workforce, in a single decisive move to boost morale and efficiency. ...
27 Feb, 2026, 06.44 PM IST
Why Pinterest stock just tanked 20%? Here’s what went wrongPinterest stock plunged over 20% after reporting $1.32 billion Q4 revenue, missing Wall Street estimates. Net income fell 85% to $277 milli...
13 Feb, 2026, 09.21 PM IST
Pinterest forecasts downbeat revenue as it battles for digital ad dollars; shares plungePinterest forecast first-quarter revenue below Wall Street estimates on Thursday, as it battles sharper cutbacks in ad spending by tariff-h...
13 Feb, 2026, 07.35 AM IST
Some companies tie AI to layoffs, but the reality is more complicatedMajor companies like Amazon, Pinterest, and Expedia are announcing significant job cuts. While many firms cite artificial intelligence as t...
02 Feb, 2026, 08.40 PM IST
Peloton cuts 11% of jobs, with engineering teams getting hitPeloton Interactive, the long-struggling fitness technology company, slashed 11% of its workforce in a cost-cutting move. The cutback mostl...
02 Feb, 2026, 06.01 PM IST
Did artificial intelligence really drive layoffs at Amazon and other firms? It can be hard to tellMany assumed Amazon's 16,000 corporate layoffs announced last week reflected CEO Andy Jassy's push to "reduce our total corporate workforce...
02 Feb, 2026, 11.36 AM IST
Is ‘AI-washing’ behind new wave of tech layoffs?Companies are increasingly pointing to artificial intelligence when announcing job cuts, alongside more traditional reasons such as weak fi...
01 Feb, 2026, 12.05 AM IST
Pinterest cuts nearly 15% jobs to redirect resources to AIPinterest said on Tuesday it would reduce its workforce by less than 15% and shrink office space, as the social media company reallocates r...
27 Jan, 2026, 10.25 PM IST
Pinterest layoffs: Company to cut 15% of workforce amid AI push - here are the key teams impactedPinterest layoff: Pinterest will cut 15% of its workforce as it accelerates a shift toward artificial intelligence. The layoffs affect abou...
27 Jan, 2026, 10.11 PM IST
Layoffs in 2023: Microsoft, Cognizant, Accenture among latest firms to cut jobs amid economic turmoilThe layoff wave has swept not only startups and mid-sized firms, but also big tech companies such as Amazon, Microsoft, and Google parent A...
11 Jul, 2023, 12.42 PM IST
Shopify to lay off 20% of its workforce, beats quarterly revenue estimatesThe company posted revenue of $1.51 billion in the quarter ended March 31, compared with analysts' estimate of $1.43 billion, according to ...
04 May, 2023, 05.24 PM IST
Pinterest to reduce office spaces as part of restructuringPinterest said it expected to incur between $100 million and $125 million in charges related to the restructuring plan.
28 Mar, 2023, 11.46 AM IST
Ebay to fire 500 employees, cut workforce by 4%CEO Jamie Iannone said the company decided to make cuts after examining the global macroeconomic environment over the past several months.
08 Feb, 2023, 08.30 AM IST
Pinterest earnings miss estimates as weak advertisement revenues weighPinterest said it expected revenue to grow in low-single-digits in the first quarter, compared with estimates of about 7% growth.
07 Feb, 2023, 10.21 AM IST
Meta surges on cost cut, buyback plans; lifts mega-cap stocksShares of Meta Platforms Inc soared nearly 20% in premarket trading on Thursday as the Facebook parent wooed investors with plans to rein o...
02 Feb, 2023, 05.06 PM IST
Pinterest cuts workforce by almost 5%, lays off 150 people: reportThe 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...
02 Feb, 2023, 11.11 AM IST