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Layoffs

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SoftBank Vision Fund to Cut About 20% of Staff in AI Pivot

SoftBank is redirecting staff to concentrated AI, chip bets after a strong quarter.

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Ericsson Cuts About 100 Technical Jobs in Canada as It Consolidates Network Management

Oracle, Salesforce Cut 516 Bay Area Jobs as AI Reshapes Workforces

Nike Trims Corporate Ranks by Under 1% as Sport-Focused Reorg Takes Hold

Alphabet’s Verily Cuts Jobs, Shuts Down Long-Running Devices Program

Peloton Posts Surprise Profit, Cuts 6% of Staff

TCS to Execute Bulk of Layoffs This Quarter While Raising Salaries for 80% of Employees

Moderna Cuts 10% of Global Workforce in Major Cost Overhaul

Microsoft Keeps Headcount Flat After 15,000 Layoffs to Power $80B AI Build-Out

Intel Cuts 24,000 Jobs and Pauses European, Ohio Factory Expansions

Intel Cuts Workforce to 75,000, Cancels European Fabs and Consolidates Testing in Asia

AWS Shuts Shanghai AI Lab in Realignment Driven by US-China Tensions

Reports Say Nissan to Close Two Mexican Plants as Government Denies Exit

Amazon Completes AWS Layoffs After Generative AI Efficiency Warning

Lucid Air Sedan to Gain Hands-Free Highway Driving in July 30 Update

Microsoft Cuts 15,000 Jobs to Fuel $80 Billion AI Push

Intel Moves to Slash 20% of Workforce With Over 600 U.S. Layoffs and Munich Chip Unit Closure

Microsoft Cuts 9,000 Roles in Second Major Layoff of 2025

Microsoft Announces Third Wave of 9,000 Layoffs to Curb Costs

Bumble Cuts 30% of Workforce and Boosts Revenue Outlook