#layoffs
Total 15 articles
eBay lays off 6% of its workforce while investing heavily in AI and acquiring Depop for $1.2B. A look at the harsh realities of competing with Amazon and emerging platforms.
Lucid Motors laid off 12% of workforce amid profitability push. The luxury EV maker's struggles reveal harsh realities facing Tesla challengers in 2026.
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[email protected]U.S. employers announced 108,435 layoffs in January, the highest January total since the Great Recession, as tech companies balance massive AI investments with cost-cutting pressures.
Jack Dorsey's Block considers cutting up to 10% of workforce amid falling stock price and pressure to prove bitcoin-focused strategy's profitability.
American companies announced massive layoffs in January 2025, reaching the highest level since the 2009 financial crisis, signaling potential economic headwinds ahead.
US employers cut 108,435 jobs in January, the highest since the 2009 financial crisis, while hiring plummeted to record lows. What does this employment freeze signal for the economy ahead?
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[email protected]Pinterest CEO Bill Ready fired engineers who created an internal tool to track company layoffs, calling their actions 'obstructionist' amid broader restructuring affecting 15% of workforce.
Over 50,000 workers lost jobs to 'AI' in 2025, but experts say many companies are using artificial intelligence as cover for pandemic-era over-hiring mistakes.
Dow Chemical announces 4,500 job cuts as it pivots to AI and automation, joining a growing trend of tech-driven workforce reductions across industries.
Major US corporations continue mass layoffs in 2026 under the banner of efficiency, raising questions about the true drivers behind workforce reductions and their long-term implications for the economy.
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[email protected]Amazon's second mass layoff in 4 months brings total cuts to 30,000 corporate workers. The company is reshaping itself for the AI era, but at what cost to employee morale and company culture?