Microsoft is cutting 4,800 jobs — roughly 2.1% of its global workforce — including 1,600 Xbox employees, with another 1,600…
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Disney Cuts 1,000 Jobs as New CEO Reshapes the Company Just Months Into the Role
Disney is eliminating approximately 1,000 positions as new CEO Josh D'Amaro moves to streamline operations, he announced in an email…
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AI Is Replacing Jobs? New Data Shows Companies Spending the Most on It Are Actually Hiring Faster
A new study by Ramp found that companies investing most heavily in artificial intelligence are actually growing their workforces faster…
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SAS Institute Cuts 300 Jobs Worldwide as It Shifts Resources Toward AI and Cloud Growth
SAS Institute, the prominent analytics software company headquartered in Cary, North Carolina, has confirmed it is eliminating 300 positions companywide.…
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Whirlpool Slashes Half Its Iowa Workforce at the Plant Trump’s Tariffs Were Supposed to Save
Despite being touted as a major beneficiary of President Trump's tariffs, Whirlpool has cut more than half of its nearly…
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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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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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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…
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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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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…
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