Layoffs
9 articles
AI industry layoffs spark powder keg concerns amid billions invested
Last month, tech layoffs hit their highest single month in two years with nearly 40,000 cuts.
Opendoor lays off 250 in India amid AI-first strategy shift
Less than two years after expanding its presence, real estate tech firm Opendoor is abruptly shutting down its India operations.
ClickUp lays off 22% of staff amid AI automation shift
ClickUp, a productivity software company, replaced hundreds of its human employees with thousands of AI agents, while simultaneously announcing salary bands that reach $1 million per year in cash for
Tech jobs crisis reshapes software development amid AI surge
Cloudflare, despite a 34% year-over-year revenue increase, is cutting 1,100 jobs, a move directly linked to a 600% surge in its AI usage, according to TechCrunch .
AI-driven layoffs threaten job security by 2026
Snap expects its AI-driven efficiency gains to save over $500 million annually, a projection made as the company simultaneously announced cuts to 1,000 human roles, according to Glass Almanac .
Meta cuts 10% of workforce amid AI automation drive
Meta is cutting approximately 8,000 employees, or 10% of its workforce, starting May 20, marking a significant new wave of tech industry reductions.
Ex-Google engineer predicts AI to cut 50% of Big Tech jobs
Steve Yegge, a former Google engineer, predicts AI will lead Big Tech companies to cut 50% of their engineers.
Oracle Sends 6am Layoff Emails Amid Tech Job Cuts
Oracle sent layoff emails to thousands of workers at 6 a.m., a move that highlights a broader, unsettling trend across the tech industry: aggressive, AI-driven workforce restructuring despite record profits.
Oracle Cuts Thousands of Jobs Amid AI Infrastructure Expansion
Oracle is reportedly laying off up to 30,000 employees while investing billions in AI data centers, signaling a high-stakes pivot to power the next generation of artificial intelligence.