Oracle eliminated approximately 21,000 jobs globally over the past year, its annual report reveals, reducing its workforce from 162,000 to…
Read More
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…
Read More
Oracle Slashed 21,000 Jobs in One Year as AI Reshapes Its Workforce and More Cuts Loom
Oracle shed 21,000 jobs over the past year, with its workforce dropping from approximately 162,000 in June 2025 to 141,000…
Read More
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…
Read More
German Battery Maker Abruptly Shuts Michigan Plants Just Two Years After Multi-Million Dollar Expansion, Leaving 230 Workers Without Jobs
XALT Energy's parent company, Freudenberg e-Power Systems, will shut down its Midland and Auburn Hills, Michigan facilities over the coming…
Read More
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…
Read More
Google Cuts Cybersecurity Jobs at Mandiant to Fund Its AI Ambitions
Google has conducted another round of layoffs within its Cloud division, impacting employees across multiple teams, including its Threat Intelligence…
Read More
Amazon’s New Warehouse Robot Takes Plain-Language Orders While a €10 Billion European Expansion Creates 25,000 Jobs
Amazon unveiled an upgraded Proteus warehouse robot at its Delivering the Future event in Dartford, England, capable of navigating entire…
Read More
How Indian Immigrants Became the Driving Force Behind America’s Trillion-Dollar Startup Empire
Indian immigrants have become the leading force behind billion-dollar U.S. startups, founding or co-founding 96 unicorn companies — more than…
Read More
