Austria's State Secretary for Digitalisation Alexander Proell has written to EU tech sovereignty chief Henna Virkkunen urging the bloc to…
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Volkswagen Plans to Axe 100,000 Jobs and Shut Four German Plants as Unions Vow to Fight Back
Volkswagen is planning to cut around 100,000 jobs — roughly 15% of its global workforce — and close four German…
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Lucid Group Axes 18% of Workforce and Kills Second Production Shift as Stock Craters 55%
Lucid Group (LCID) announced a major restructuring, cutting approximately 18% of its U.S. workforce and eliminating the second production shift…
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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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LinkedIn Cuts 5% of Staff While Posting Record Revenue as Tech Layoffs Surpass 103,000 in 2026
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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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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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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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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Kenya’s Private Sector Cuts Jobs for First Time in 15 Months as Costs Surge to 2.5-Year High
Kenyan businesses cut jobs in May for the first time in 15 months as weakening demand and surging costs squeezed…
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