Vine Hospitality, a Bay Area restaurant group operating since 1994, is closing all seven of its locations this week, eliminating…
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EA Cuts 600 Jobs Despite $1 Billion Profit
Electronic Arts is cutting roughly 5% of its workforce, impacting at least 600 employees, CEO Andrew Wilson announced Wednesday. The…
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Lucid Slashes Entire Arizona Production Shift and COO Role After $15.6 Billion Deficit
Lucid just eliminated an entire production shift and dissolved its COO position following staggering financial losses in the billions. The…
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Block Slashes 40% of Its Workforce and Investors Reward It With a 24% Stock Surge
Jack Dorsey announced Block is cutting 40% of its 10,000-person workforce, citing artificial intelligence tools that are fundamentally changing how…
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Tala Cuts Up to 100 Kenyan Jobs in Global Restructuring as Digital Lender Centralises Operations
Digital lender Tala is cutting up to 10 percent of its Kenyan workforce — approximately 90 to 100 employees —…
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Lucid Slashes 1,500 Jobs and Kills Production Shift as Survival Pressure Mounts
Lucid Group announced Monday it will cut approximately 18% of its U.S. workforce — an estimated 1,500 workers — including…
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Asensus Surgical Cuts 108 Jobs in Morrisville While Keeping Facility Open
Asensus Surgical, a robotic surgery systems company based in Morrisville, North Carolina, is laying off 108 workers at its 1001…
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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…
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Meta Cuts 14,000 Jobs to Fund a $135 Billion Bet on AI
Meta, the Menlo Park-based parent company of Facebook, Instagram, and WhatsApp, is cutting approximately 10% of its workforce, eliminating 8,000…
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Algoma Steel Cuts Over 1,000 Jobs as U.S. Tariffs Drain Half a Billion Dollars and Force a Historic Production Overhaul
Algoma Steel began issuing approximately 1,050 layoff notices on December 1, 2025, affecting more than a third of its workforce…
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