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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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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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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Europe Poses No Security Threat, EU Official Declares After US Cuts Europeans Off From Powerful AI Models
EU official Henna Virkkunen, executive vice-president for tech sovereignty, security and democracy, declared on Monday that Europe poses no security…
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Intuit Cuts 17% of Its Workforce to Bet Everything on AI
Intuit is laying off approximately 3,000 employees — about 17% of its global workforce — to streamline operations and accelerate…
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Tech Giants Quietly Blamed AI for 80,000 Layoffs While the Real Cause Was Hiding in Plain Sight
In Q1 2026, 86 tech companies eliminated over 80,000 jobs — the highest layoff count in three years — with…
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LinkedIn Cuts 875 Jobs Despite 12% Revenue Growth as Tech Industry Layoffs Surpass 103,000 in 2026
Microsoft-owned LinkedIn is planning to cut approximately 5% of its global workforce — roughly 875 of its 17,500 employees —…
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Cisco Cuts 4,000 Jobs After Record Profits to Fund Its $9 Billion Bet on AI
Cisco Systems announced plans to cut nearly 4,000 jobs — under 5% of its global workforce — as part of…
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DeepL Cuts 25% of Its Workforce to Fight Off OpenAI and Google as AI Rivals Close the Translation Gap
Cologne-based AI translation company DeepL, valued at €2 billion after a €300 million funding round last year, announced plans to…
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Juul plans substantial layoffs to cut costs
Juul Labs is planning to lay off a substantial number of employees as part of a company-wide “restructuring,” the firm…
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