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Layoffs

Wix cuts 1,000 employees in latest AI-fueled layoff

In a significant development, Wix cofounder and CEO Avishai Abrahami revealed a bold strategic shift.....

Mashable

 Wix CEO cites fast evolution of AI capabilities in announcement of 20% workforce cut

Wix has announced a significant 20% reduction in its workforce, citing the rapid evolution of.....

Techradar

Nvidia CEO Begs Execs to Stop Telling Workers Theyre Fired Because of AI

Nvidia CEO Jensen Huang publicly criticized company executives for improperly attributing layoffs to.....

Futurism

In 2026, the tech industry has experienced unprecedented layoffs, with over 100,000 jobs cut so far.....

Techspot

In a recent internal email, CEO Sasan Goodarzi announced that Intuit will reduce its workforce by.....

Techspot

 Zuckerberg promises he does not expect ?other company-wide layoffs this year after slashing thousands of Meta jobs

Following Meta's recent announcement of laying off thousands of employees, Mark Zuckerberg has.....

Techradar

Zuckerbergs Meta layoffs memo: Success isnt a given in the AI era

Meta has initiated a significant round of layoffs affecting approximately 10% of its workforce,.....

Cnbc

Meta layoffs starting this week stress harsh AI reality inside Zuckerbergs company

This week marks a pivotal moment for Meta as the company begins a wave of layoffs, with.....

Cnbc

US tech giants are laying off employees to spend on AI, China says its illegal over here

China is actively promoting AI adoption by encouraging companies to leverage artificial intelligence.....

Digitaltrends

 Zuckerberg blames Meta layoffs on AI costs, says compute and infrastructure and people oriented things are biggest financial drain right now

Meta's increased capital expenditure reflects significant investments in AI data centers and.....

Techradar

Meta, Google, OpenAI among Big Tech firms seeing top staff leaving to launch AI startups

Several former employees of leading AI giants such as Meta, Google, and OpenAI are leaving their.....

Cnbc

20,000 job cuts at Meta, Microsoft raise concern that AI-driven labor crisis is here

Meta has announced a significant workforce reduction, cutting 10% of its staff amid ongoing industry.....

Cnbc