Chegg, founded in 2005 and once valued at nearly $15 billion, is cutting 45% of its workforce as AI tools…
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SK Siltron CSS Axes 80 Jobs and Abandons Michigan Facility as EV Slowdown Threatens Its $544 Million Federal Bet
SK Siltron CSS is consolidating operations by relocating production from its Auburn, Michigan facility to its Monitor Township plant at…
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Disney Cuts 1,000 Jobs as New CEO Reshapes the Company Just Months Into the Role
Disney is eliminating approximately 1,000 positions as new CEO Josh D'Amaro moves to streamline operations, he announced in an email…
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From $2.15 Billion to $39 Million: How Allbirds Went From Tech Culture Icon to Bargain Bin Brand
Allbirds, the San Francisco sneaker brand founded in 2015 by Joseph Zwillinger that became synonymous with tech culture, has effectively…
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Block Slashes 40% of Its Workforce and Investors Reward It With a 24% Stock Surge
Jack Dorsey announced Block is cutting 40% of its 10,000-person workforce, citing artificial intelligence tools that are fundamentally changing how…
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Bay Area Tech Jobs Are Vanishing Behind an AI Wall That Blocks the Very Candidates It Creates
The Bay Area tech job market is in crisis, with candidates resorting to "spraying and praying" — using AI-powered resume…
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Microsoft Prepares to Cut Thousands More Jobs Across Sales, Consulting and Xbox as AI Spending Reshapes the Company
Microsoft is planning to cut under 2.5% of its approximately 228,000 full-time employees in a new round of layoffs expected…
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AI Is Replacing Jobs? New Data Shows Companies Spending the Most on It Are Actually Hiring Faster
A new study by Ramp found that companies investing most heavily in artificial intelligence are actually growing their workforces faster…
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SAS Institute Cuts 300 Jobs Worldwide as It Shifts Resources Toward AI and Cloud Growth
SAS Institute, the prominent analytics software company headquartered in Cary, North Carolina, has confirmed it is eliminating 300 positions companywide.…
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Whirlpool Slashes Half Its Iowa Workforce at the Plant Trump’s Tariffs Were Supposed to Save
Despite being touted as a major beneficiary of President Trump's tariffs, Whirlpool has cut more than half of its nearly…
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