Microsoft is planning to cut under 2.5% of its approximately 228,000 full-time employees in a new round of layoffs expected…
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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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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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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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Gaming Industry Faces Catastrophic Summer as Insider Warns Studio Closures Are Just Beginning
French gaming journalist Sylvain Trinel is warning of a massive wave of studio closures and layoffs sweeping the games industry…
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Layoffs Stay Near Historic Lows as U.S. Job Market Holds Steady Against Economic Headwinds
U.S. unemployment benefit filings dropped by 4,000 to 226,000 in the week ending June 13, the Labor Department reported Thursday.…
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OpenAI’s IPO Bid Overshadows Sam Altman’s Struggling Iris-Scanning Venture Facing Bans and Privacy Fines
As OpenAI confidentially filed for an IPO on Monday, CEO Sam Altman's separate biometric venture, Tools for Humanity, is reportedly…
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U.S. Jobless Claims Hit Surprising Low Even as Job Losses Mount and Oil Prices Surge 40%
U.S. jobless aid applications dropped by 9,000 to 202,000 for the week ending March 28, falling below analysts' forecast of…
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eBay Cuts 639 American Workers While Filing 429 Foreign Worker Visa Applications in the Same Year
eBay is facing scrutiny over its workforce strategy after WARN notices revealed plans to lay off 639 U.S. employees in…
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65 Workers Lose Jobs as Houston NASA Hotel Closes for $27M Margaritaville Makeover Complete With Lazy River
The Hilton Houston NASA Clear Lake hotel will lay off all 65 employees when it temporarily closes July 31, as…
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