Netflix is cutting nearly 1,000 jobs, about 6% of its global workforce, in its largest layoff round since 2022. Co-CEOs…
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Netflix slashes 1,000 jobs despite profits surging 9 percent
Netflix is cutting roughly 1,000 jobs, about 6% of its global workforce, in its largest layoff since 2022. Co-CEOs Greg…
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GoFundMe cuts 94 jobs as inflation slashes charitable donations
GoFundMe is cutting 94 jobs, about 12% of its workforce, as inflation reduces charitable donations. CEO Tim Cadogan announced the…
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Intel slashes 10,000 factory jobs as chipmaker confronts massive losses
Intel will cut 15% to 20% of its factory workforce starting in July, eliminating more than 10,000 positions worldwide as…
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Beijing Ranks Fifth Globally for Retaining Talent Amid AI Workforce Upheaval
Beijing ranked fifth globally for innovation momentum in the Global City Talent Retention Index 2026, released Monday at the China-Europe…
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Microsoft Cuts 4,800 Jobs as Xbox Studios Spin Off After Activision Deal
Microsoft confirmed 4,800 job cuts, about 2.1% of its global workforce, with 3,200 tied to Xbox and commercial operations. Chief…
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Microsoft Prepares to Cut Thousands More Jobs Across Sales, Consulting and Xbox as AI Spending Reshapes the Company
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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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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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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Meta Cuts 10% of Its Workforce as AI Investment Forces Out Thousands of Workers
Meta announced on April 23 plans to lay off approximately 8,000 employees — 10% of its global workforce — as…
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