Oracle shed 21,000 jobs over the past year, with its workforce dropping from approximately 162,000 in June 2025 to 141,000…
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Lucid Slashes 1,500 Jobs and Kills Production Shift as Survival Pressure Mounts
Lucid Group announced Monday it will cut approximately 18% of its U.S. workforce — an estimated 1,500 workers — including…
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Lucid Slashes 30% of Its Workforce in Four Months, Kills COO Role and Suspends Production Guidance as Losses Hit $2.7 Billion
Lucid Group announced its second major round of layoffs in 2026, cutting approximately 1,500 positions — 18% of its US…
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Sam Altman’s Iris-Scanning Startup Hired Two Law Firms to Investigate Alleged Bribery and Token Price Manipulation
Tools for Humanity, Sam Altman's iris-scanning startup, hired law firms O'Melveny & Myers and Sidley Austin last year to investigate…
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Boomers Are Retiring Entirely Online While Salesforce Cuts Dozens of Jobs Building the AI That Made It Possible
American retirement has gone digital. Baby boomers are now the first generation to retire on the internet, with smartphones replacing…
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Gaming Industry Faces Catastrophic Summer as Insider Warns Studio Closures Are Just Beginning
French gaming journalist Sylvain Trinel is warning of a massive wave of studio closures and layoffs sweeping the games industry…
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German Battery Maker Abruptly Shuts Michigan Plants Just Two Years After Multi-Million Dollar Expansion, Leaving 230 Workers Without Jobs
XALT Energy's parent company, Freudenberg e-Power Systems, will shut down its Midland and Auburn Hills, Michigan facilities over the coming…
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Layoffs Stay Near Historic Lows as U.S. Job Market Holds Steady Against Economic Headwinds
U.S. unemployment benefit filings dropped by 4,000 to 226,000 in the week ending June 13, the Labor Department reported Thursday.…
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Asensus Surgical Cuts 108 Jobs in Morrisville While Keeping Facility Open
Asensus Surgical, a robotic surgery systems company based in Morrisville, North Carolina, is laying off 108 workers at its 1001…
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CAE Cuts 280 Jobs and Eyes European Asset Sales as Pilot Demand Slows
Flight simulator manufacturer CAE Inc. is cutting approximately 280 jobs — about two per cent of its global workforce —…
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