USAA confirmed another round of layoffs Tuesday, its second this year, without disclosing the number affected. Employees in compliance, risk…
Read More
50-employee AI startup sold to Stripe for $7 billion after Chinese models dominate its platform
Stripe has agreed to acquire OpenRouter for over $7 billion, according to an August 16 report. The 50-employee startup operates…
Read More
AI Absorbs Up to 50% of Salesforce Work as 1,000 Employees Lose Jobs
Salesforce is deploying AI agents that now handle roughly half of its customer support volume, a shift that eliminated 1,000…
Read More
Epic Games Cuts Over 1,000 Jobs After Fortnite’s Dramatic Decline Exposes a Half-Billion Dollar Spending Crisis
Epic Games, headquartered in Cary, North Carolina, is laying off more than 1,000 employees following a significant decline in Fortnite…
Read More
Daraz Bangladesh Cuts 100 Jobs in 15-Minute Meetings as Alibaba’s Regional Retreat Deepens
Alibaba-owned e-commerce platform Daraz Bangladesh reportedly laid off approximately 100 employees on May 6 and 7, according to former staff…
Read More
Nvidia’s Stock Made Them Millionaires So They Walked Away to Build the Next AI Giants
Several former Nvidia employees have left lucrative positions to launch AI startups during the technology boom. Antons Davis departed in…
Read More
