Chegg just laid off nearly a quarter of its workforce after losing 99% of its market value in four years.…
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Record Employment Defies Fears as AI Prompts Role Evolution Over Mass Layoffs
Workers aren't being replaced by machines so much as their job descriptions are quietly being rewritten from the inside out.…
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VSP Global Acquires Visionworks in Its Biggest Deal Ever, Doubling Its Workforce Overnight
California-based VSP Global has agreed to acquire San Antonio eyecare retailer Visionworks for an undisclosed sum, marking the company's largest…
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Portuguese Logistics Firm Luís Simões Beats 2,400 Rivals to Secure a Spot Among Europe’s Top Climate Leaders
Portuguese logistics company Luís Simões has been recognised as one of Europe's Climate Leaders for 2026 by the Financial Times,…
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Europe’s Tech Boom Hits $1.6 Billion as Quantum Systems Raises $1.2 Billion and a Finnish Startup Makes U.S. Exchange History
European tech dealmaking surged in late June and early July 2026, with over 55 funding rounds totaling more than €1.6…
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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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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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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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OpenAI’s IPO Bid Overshadows Sam Altman’s Struggling Iris-Scanning Venture Facing Bans and Privacy Fines
As OpenAI confidentially filed for an IPO on Monday, CEO Sam Altman's separate biometric venture, Tools for Humanity, is reportedly…
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Amazon Fires 30 Union Workers in “Second Wave” of Layoffs Just Months After They Organized
At least 30 workers at Amazon's Laval warehouse face layoffs, according to the CSN union, which calls it a "second…
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