A biotech unicorn is eliminating nearly a third of its staff just to keep the lights on. The layoffs signal…
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$1.2B Biotech Giant Slashes 40% of Workforce as Cash Dwindles
A single biotech firm once valued north of a billion dollars is cutting nearly half its staff in a scramble…
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BuzzFeed Sheds 180 Workers as Byron Allen Engine Streamlines for Profitability
BuzzFeed just laid off nearly a quarter of its remaining editorial staff in a single round of cuts. The company…
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Chegg Cuts Nearly Half Its Workforce as AI Destroys the Homework Help Business It Built Over Two Decades
Chegg, founded in 2005 and once valued at nearly $15 billion, is cutting 45% of its workforce as AI tools…
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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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LinkedIn Cuts 5% of Staff While Posting Record Revenue as Tech Layoffs Surpass 103,000 in 2026
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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