Digital lender Tala is cutting up to 10 percent of its Kenyan workforce — approximately 90 to 100 employees —…
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Oracle Cut 21,000 Jobs in One Year to Fund Its AI Expansion and Now Warns the Strategy Could Backfire
Oracle eliminated approximately 21,000 jobs globally over the past year, its annual report reveals, reducing its workforce from 162,000 to…
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Ethereum Foundation Slashes 40% of Budget and Cuts 54 Jobs as Vitalik Buterin Bets on Leaner Future
The Ethereum Foundation will slash its budget by 40% and cut 54 jobs, approximately one-fifth of its workforce, co-founder Vitalik…
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Oracle Slashed 21,000 Jobs in One Year as AI Reshapes Its Workforce and More Cuts Loom
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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