LinkedIn is cutting 5% of its workforce despite reporting record revenue, according to Reuters. The layoffs are not AI-driven but…
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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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Ubisoft Shuts Down Two Studios and Cuts 380 Jobs as Its Cost Crisis Forces a Major Rainbow Six Overhaul
Ubisoft is reportedly closing studios in Winnipeg and Belgrade while laying off staff in Barcelona and San Francisco, putting approximately…
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Meta Cuts 8,000 Jobs While Betting $115 Billion on AI Domination
Meta began sending layoff notices Wednesday to approximately 8,000 employees — representing 10% of its workforce — while directing affected…
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LinkedIn Cuts 900 Jobs Despite 12% Revenue Growth as Tech Layoffs Close In on Last Year’s Record
Microsoft-owned LinkedIn is planning to cut approximately 5% of its global workforce, affecting staff across its more than 17,500 full-time…
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AWS Outage Cripples Coinbase Trading Hours After CEO Pushed Non-Engineers to Write Code
Coinbase suffered a multi-hour trading disruption on May 7, 2026, after an Amazon Web Services outage affected multiple availability zones…
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DocuSign Slashes 10% of Its Workforce in Second Round of Layoffs Within Six Months
San Francisco-based DocuSign announced its second round of layoffs within six months, cutting 10% of its global workforce. Filed publicly…
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DeepL Cuts 25% of Its Workforce to Fight Off OpenAI and Google as AI Rivals Close the Translation Gap
Cologne-based AI translation company DeepL, valued at €2 billion after a €300 million funding round last year, announced plans to…
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ElevenLabs Hits $550M as DeepL Cuts 250 Jobs and Europe’s Tech Scene Raises €1.4 Billion in a Month
ElevenLabs expanded its Series D funding round to over $550 million, adding BlackRock, Nvidia, and Jamie Foxx as investors. Meanwhile,…
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Unprofitable car rental company cuts 30% of staff after ditching SF HQ
Getaround, a company that facilitates car rentals, is laying off 30% of its North American staff, the company announced in…
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