#Layoffs
Total 15 articles
Trump and Xi met in Beijing for the first time in nine years. Microsoft poured $100B into OpenAI and became the supporting actor; Cerebras received $70B on day one. Hormuz entered week six. Cisco cut 4,000. ILLIT hit Billboard No. 1, CORTIS debuted at No. 3, and BTS is confirmed for the World Cup Final halftime stage.
Meta's second round of layoffs in 2026 hits Facebook, Reality Labs, recruiting, and sales. While slashing hundreds of jobs, the company is doubling down on AI talent and locking in top execs with aggressive stock options.
Sam Altman thanked developers for writing code the hard way. The same week, Amazon cut 16,000 jobs. What does gratitude mean when the grateful party built the replacement?
PRISM by Liabooks
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Oracle plans massive layoffs as data center costs soar. Is this a strategic retreat or a warning sign for the entire cloud industry's unsustainable economics?
Electric vehicle startup Lucid Motors cuts 288 jobs as it struggles with production targets and cash burn. A closer look at the harsh realities facing EV newcomers.
Nike's Converse brand restructures operations and trims workforce amid fierce competition from Adidas, New Balance, and emerging brands in the sneaker market.
Pinterest fired two engineers who created a tool to track layoffs after the company cut 15% of staff. The incident highlights tensions between corporate transparency and AI transformation strategies.
PRISM by Liabooks
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Peloton's latest layoffs target engineers as the company pivots to AI-powered hardware amid declining post-pandemic demand. What's next for fitness tech?
Amazon faces backlash for massive layoffs while investing $75 million in Melania Trump documentary, raising questions about priorities and political motivations.
Amazon cuts another 16,000 positions, bringing total layoffs to 30,000. CEO warns AI will impact jobs as tech giants restructure for the future.
Amazon mistakenly sent internal email acknowledging organizational changes, revealing imminent widespread layoffs targeting cloud and retail divisions after 14,000 cuts months ago.
PRISM by Liabooks
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Vimeo faces massive layoffs following its $1.38 billion acquisition by Bending Spoons. Discover how this restructuring impacts Vimeo's AI-focused future and the broader tech M&A market.
