OpenAI has reduced its latest funding target from $30 billion to $20 billion and lowered its valuation goal from $1.4…
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Meta slashes 8,000 jobs while pouring up to $145 billion into AI
Meta is cutting 8,000 jobs, or 10% of its workforce, with layoffs beginning Wednesday morning in three waves. Affected teams…
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Mandatory EU organic farm aid becomes optional in post-2027 overhaul
EU ministers agreed to end mandatory funding for organic farming after 2027, letting member states choose whether to support conversion…
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Apple Cuts 614 California Jobs in First Major Post-Pandemic Layoff
Apple filed notices to lay off 614 employees across eight Santa Clara offices on March 28, marking its first major…
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Netflix slashes 1,000 jobs despite posting $3.4 billion quarterly profit
Netflix is cutting nearly 1,000 jobs, about 6% of its global workforce, in its largest layoff round since 2022. Co-CEOs…
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Amid Global Aid Cuts, EU Pushes 90,000-Kilometre Fibre Network Across Nigeria
European Union and UN officials gathered in Abuja at the Development Policy Forum 2026, calling for Nigeria’s growth to reach…
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Netflix slashes 1,000 jobs despite profits surging 9 percent
Netflix is cutting roughly 1,000 jobs, about 6% of its global workforce, in its largest layoff since 2022. Co-CEOs Greg…
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$14 Billion AI Giant Dumps Contractors With Just One Email
Scale AI, the San Francisco startup valued at nearly $14 billion, abruptly terminated contract workers Monday via a single email…
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Disney TV Reorganization Threatens Hundreds of Layoffs Under New CEO
Disney’s television business is undergoing a sweeping reorganization that could eliminate hundreds of jobs, according to insiders. The plan, led…
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Verizon slashes 13,000 jobs to fund artificial intelligence overhaul
Verizon confirmed this week it will eliminate more than 13,000 jobs, exceeding 13% of its workforce, as CEO Dan Schulman…
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