LinkedIn is cutting 5% of its workforce despite reporting record revenue, according to Reuters. The layoffs are not AI-driven but…
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Xbox’s Next Console Is Still Coming Despite a 5x Storage Cost Surge and a Financial Crisis Bleeding Half a Billion in Revenue
Xbox CEO Asha Sharma and chief content officer Matt Booty have confirmed Project Helix, the codename for Xbox's next console,…
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Nexteer Automotive Cuts 80 Jobs as Auto Industry Demand Shifts Threaten Saginaw County’s Second-Largest Employer
Nexteer Automotive laid off 80 workers across its Buena Vista Township plant and Auburn Hills global headquarters, the company confirmed…
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Meta Cuts 14,000 Jobs to Fund a $135 Billion Bet on AI
Meta, the Menlo Park-based parent company of Facebook, Instagram, and WhatsApp, is cutting approximately 10% of its workforce, eliminating 8,000…
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Meta Slashed 8,000 Jobs to Fund Its AI Bet, and Middle Managers Paid the Heaviest Price
Meta's aggressive AI investment push has triggered 8,000 layoffs, with 4,665 cuts concentrated in California and Washington state. Middle managers…
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Ubisoft Shuts Down Two Studios and Cuts 380 Jobs as Its Cost Crisis Forces a Major Rainbow Six Overhaul
Ubisoft is reportedly closing studios in Winnipeg and Belgrade while laying off staff in Barcelona and San Francisco, putting approximately…
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87% Built and Already Firing: EACOP Cuts Thousands of Local Workers as Africa’s Biggest Pipeline Nears Completion
As construction of the East African Crude Oil Pipeline (EACOP) approaches 87 percent completion, operator Eacop Ltd has begun mass…
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Salesforce Cuts Jobs Across Its Billion-Dollar AI Division as Stock Plunges 30%
Salesforce has conducted another round of layoffs, affecting employees across its Agentforce AI product, Mulesoft IT integration tool, and Marketing…
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Sam Altman’s Eye-Scanning Startup Cuts Jobs While OpenAI Races Toward IPO
Sam Altman's biometric identity company Tools for Humanity, the firm behind the eye-scanning Worldcoin project, has conducted layoffs, according to…
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AI Is Now the Top Reason Americans Are Losing Their Jobs and May Just Broke a Record
U.S. employers announced 97,006 job cuts in May, a 16% jump from April and 3% above May 2025 levels, according…
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