Tuesday, June 17, 2025, 2:20 pm permalink
Amazon CEO Andy Jassy stated that the company’s growing use of generative AI tools is set to reduce its corporate workforce. This strategic, if unsettling, move to prioritize automation and efficiency underscores significant internal restructuring and potential job cuts.
Bluesky: @theurbanist.org, @techcrunch.com
permalink / 8 stories from sources in 19 hrs #ai #amazon #jobs #layoffs
Tuesday, June 17, 2025, 1:22 pm permalink
Intel is set to reduce its fabrication workforce by as much as 20% as part of a strategic restructuring plan. The layoffs will affect a significant portion of its foundry staff as the company refocuses on core business units amid evolving market demands and industry challenges.
Bluesky: @techcrunch.com
permalink / 2 stories from sources in 20 hrs #chips #business #intel #layoffs
Tuesday, June 10, 2025, 4:20 pm permalink
Google is reportedly handing out buyout packages to employees across central engineering, marketing research, and communications units, including key teams in Search and Ads. The strategic shake-up aims to streamline operations—prompting both relief and uncertainty among staff navigating the corporate restructuring.
Bluesky: @wittywebhandle.bsky.social
permalink / 5 stories from sources in 7 days #google #alphabet #jobs #layoffs
XDefiant Chief Quits Industry Entirely, Claims Ubisoft's Doomed Call of Duty Rival Had 'Very Little Marketing' or 'The Right Resources to Make Content' / IGN
Thursday, June 5, 2025, 9:20 am permalink
In a dramatic turn, the head of the struggling XDefiant project has quit the industry, blaming insufficient marketing and resources for the game’s doomed fate. This exit casts a long shadow over the Call of Duty rival’s prospects, highlighting internal challenges that have left both fans and industry watchers shaking their heads in disbelief.
permalink / 2 stories from sources in 13 days #gaming #technology #business #layoffs
Procter & Gamble To Axe 7,000 Jobs Amid "Challenging Environment" / Zerohedge
Thursday, June 5, 2025, 7:20 am permalink
Procter & Gamble is undertaking a brutal cost‐cutting drive by eliminating 7000 jobs, citing a challenging market environment. The move forces the consumer giant to streamline operations and cut expenses amid economic headwinds, leaving affected workers and industry analysts with plenty to discuss over the water-cooler.
permalink / 2 stories from sources in 13 days #business #jobs #economy #layoffs
Microsoft implements sweeping additional layoffs amid its ongoing restructuring efforts
Monday, June 2, 2025, 8:20 pm permalink
Microsoft has swung its axe again with a fresh round of job cuts, shortly after firing thousands last month. The tech giant’s relentless cost-cutting campaign leaves employees wondering if stability is a long-forgotten myth, as the reorganization seems to be its new corporate sport.
permalink / 2 stories from sources in 15 days #microsoft #technology #business #layoffs
People Can Fly cancels two games amid publisher dispute and layoffs
Monday, June 2, 2025, 6:20 am permalink
People Can Fly, once a synonymous name in the gaming industry, is canceling two upcoming projects after citing communication breakdowns with publisher Square Enix. The decision has sparked layoffs and left fans and industry insiders puzzled, as the studio’s future now hangs in a precarious balance.
permalink / 6 stories from sources in 16 days #gaming #technology #business #layoffs
Wednesday, May 28, 2025, 3:21 pm permalink
Electronic Arts has abruptly pulled the plug on its much-anticipated Black Panther title while simultaneously shutting down developer Cliffhanger Games. This decisive move has sparked industry chatter about EA’s shifting priorities and strategic realignment in a market where even blockbuster projects can vanish in a puff of corporate smoke.
Bluesky: @sailorsctaustin.bsky.social, @verge-poster.bsky.social
permalink / 6 stories from sources in 20 days #gaming #business #layoffs
Amazon cancels The Wheel of Time series after three seasons
Friday, May 23, 2025, 7:20 pm permalink
Amazon has officially canceled its live-action adaptation of The Wheel of Time, bringing the epic saga to an abrupt halt despite receiving praise for its strong third season. Fans are now left in suspense as the streaming giant shifts focus to new projects, leaving this beloved series woefully unfinished.
permalink / 2 stories from sources in 25 days #amazon #streaming #entertainment #layoffs
Microsoft Global Layoffs Hit 6000 Employees Amid Reorganization
Wednesday, May 14, 2025, 6:20 am permalink
Microsoft has announced a global restructuring that slashes around 6000 jobs, with significant changes at its Redmond headquarters. This move, positioned amidst an AI investment spree, marks one of the year's largest rounds of layoffs in tech—proving even tech giants aren’t immune to the brutal cost-cutting trends.
permalink / 4 stories from sources in 5 weeks #microsoft #business #recession #jobs #layoffs