Tag Directory / LAYOFFS     showing 1–20 of 126   RSS



The U.S. just unexpectedly lost 92,000 jobs. Here’s how that could affect Fed interest rates, gas prices, and the Iran war

Jennifer Mattson / fastcompany - The latest U.S. jobs report is out and it isn’t pretty. The economy lost 92,000 jobs in February, missing expectations, as unemployment rose to 4.4%, according to data from the Labor Department. Economists had expected 60,000 new jobs in February.“The hea…

#banking #government #stockmarket #business #recession #jobs #us #economy #layoffs

Back to Top / Friday, March 6, 2026, 2:21 pm / permalink 20282 / 8 stories in 7 hrs


More Tech Layoffs: Jack Dorsey Cuts Block’s Workforce Nearly in Half, Blames AI

Aminu Abdullahi / eweek - Block cuts 4,000 jobs as Jack Dorsey pivots to an AI-driven model despite rising profits, signaling a broader tech shift toward smaller AI-powered teams.The post More Tech Layoffs: Jack Dorsey Cuts Block’s Workforce Nearly in Half, Blames AI appeared firs…

#ai #fintech #digitaltransformation #genai #business #jobs #payments #layoffs #technology

7 days / cnbc


Back to Top / Friday, February 27, 2026, 3:21 pm / permalink 19895 / 8 stories in 7 days


eBay Announces Workforce Reduction of 800 Employees Amid Strategic Overhaul

Trader Edge / parameter - eBay eliminates 800 positions in restructuring effort while acquiring Depop for $1.2B and reporting Q4 revenue growth of 15% to $2.97 billion.The post eBay Announces Workforce Reduction of 800 Employees Amid Strategic Overhaul appeared first on Parameter.

#ecommerce #digitaltransformation #business #jobs #acquisitions #layoffs #technology

Back to Top / Friday, February 27, 2026, 8:21 am / permalink 19872 / 4 stories in 7 days


Block cuts nearly half its workforce as Dorsey credits AI, but the real reasons predate the hype

Matthias Bastian / the-decoder - Jack Dorsey blames AI for cutting nearly half of Block's workforce. But a closer look at the company's history of overhiring and structural problems tells a different story.The article Block cuts nearly half its workforce as Dorsey credits AI, but the rea…


Breaking: Block slashes staff 40%, Dorsey defends AI pivot

7 days / techspot


Corporate fallout: CFOs and finance teams rethink operations


Critics: ‘AI excuse’ covers COVID-era overhiring and restructuring

7 days / cnbc


Markets roar: stock surges, futures fall, analysts upgrade

7 days / cnbc


All Other Stories


Back to Top / Friday, February 27, 2026, 6:20 am / permalink 19862 / 22 stories in 7 days


Block Inc slashes 40% of its staff as Jack Dorsey pushes ‘smaller, flatter’ AI strategy

Jason Shubnell / theblock - Block is reducing its staff from over 10,000 people to just under 6,000, Dorsey said in a note to the company.


AI-driven mass layoffs — Dorsey's companywide reset

8 days / bbc

8 days / ft


Costs, earnings, banking growth: business impact


Market rallies: stock surge after layoffs announced

7 days / abcnews

8 days / cnbc


OTHER: comments, reposts and miscellaneous coverage

8 days / ycombinator


All Other Stories

7 days / mashable


Back to Top / Thursday, February 26, 2026, 4:21 pm / permalink 19833 / 25 stories in 8 days


EBay Is Laying Off About 800 Workers, 6% of Global Workforce

msmash / slashdot - EBay is cutting about 800 jobs, or 6% of its full-time employees, saying the layoffs are needed to align its workforce with strategic priorities. From a report: "We are taking steps to reinvest across our business and align our structure with our strategi…

#ecommerce #business #jobs #us #economy #layoffs #technology

8 days / cnbc


Back to Top / Thursday, February 26, 2026, 10:21 am / permalink 19798 / 8 stories in 8 days


Skate's developer is laying off staff before the game leaves early access

Ian Carlos Campbell / engadget - Full Circle, the developer behind the new Skate game, has announced that it is restructuring and laying off staff. It's not yet clear how many roles will be impacted by the changes, but the restructuring is happening less than six months after skate. laun…

#gaming #entertainment #business #jobs #community #layoffs #media #videogames

9 days / techpowerup


Back to Top / Wednesday, February 25, 2026, 7:20 pm / permalink 19767 / 3 stories in 9 days


Lucid (LCID) Stock: Slides 2% as EV Maker Cuts 12% of Workforce

Yasmin Werner / parameter - TLDR Lucid trims 12% of staff as shares slide to $9.55 in choppy trade, to cut costs Gravity SUV ramp stays on track, with output expansion targeted through 2025 Mid-size EV near $50k could broaden demand and support Lucid’s margin goals Uber-Nuro robotax…

#cars #stockmarket #business #jobs #us #manufacturing #layoffs #automotive #ev

Back to Top / Friday, February 20, 2026, 5:21 pm / permalink 19487 / 3 stories in 14 days


Ubisoft CEO Spills Beans About 2 Far Cry Projects, "Several" Assassin's Creed Games, Both Multi- and Single-Player

techpowerup - Yves Guillemot recently made an appearance in an interview with Variety, in which the Ubisoft CEO spoke about both the ongoing cost-cutting measures and in-development projects at the French gaming giant. When asked about upcoming projects in the Assassin…

#gaming #entertainment #business #jobs #culture #layoffs #media #videogames

14 days / digitaltrends

14 days / techpowerup


Back to Top / Friday, February 20, 2026, 4:21 pm / permalink 19481 / 6 stories in 14 days


Major Shake-Up at Xbox: Phil Spencer Reitres, Sarah Bond Resigns, and Asha Sharma to Become the new CEO of Microsoft Gaming

David Carcasole / wccftech - A new report from IGN reveals that Microsoft's gaming division and Xbox are going through a major leadership shake-up. Phil Spencer will retire this coming Monday, February 23, 2026, after first joining Microsoft all the way back in 1988 as an intern. He'…


Content shake-up, Matt Booty promoted; consoles prioritized

14 days / cnbc


Longtime Xbox leaders step down; successor announced

13 days / techspot

13 days / digitaltrends

14 days / techpowerup

14 days / mashable


New CEO Asha Sharma’s AI stance and vision for Xbox

13 days / digitaltrends

13 days / techpowerup


OTHER: layoffs, memos, and community reaction


All Other Stories


Back to Top / Friday, February 20, 2026, 4:20 pm / permalink 19479 / 30 stories in 14 days


Splinter Cell Remake Lead Studio Ubisoft Toronto Loses 40 Developers in the Latest Ubisoft Layoffs

David Carcasole / wccftech - The Ubisoft Toronto team is at the helm of what is arguably one of Ubisoft's most significant projects, the long-awaited Splinter Cell Remake, and they're also the most recent team to get hit by the mass layoffs that Ubisoft has been conducting as part of…

#gaming #entertainment #business #jobs #layoffs #media #technology #videogames

15 days / techpowerup


Back to Top / Thursday, February 19, 2026, 2:21 pm / permalink 19435 / 3 stories in 15 days


Sony Kills Bluepoint Games: Why the Demon’s Souls Studio is Closing

Austin Blake / iphoneincanada - Sony has officially closed Bluepoint Games, the Austin-based studio renowned as the industry’s premier specialist for high-end remakes. The move marks a sudden end for the developer, which Sony only officially acquired in 2021 after years of successful pa…

#gaming #entertainment #playstation #business #jobs #layoffs #media #sony #videogames #intellectualproperty

15 days / techpowerup


Back to Top / Thursday, February 19, 2026, 2:21 pm / permalink 19431 / 8 stories in 15 days


Six xAI Co-Founders Exit Amid Grok Controversy, SpaceX Merger

David Curry / eweek - Six of xAI’s 12 co-founders have left as Musk reshapes the Grok maker after SpaceX’s xAI deal, raising fresh questions about stability.The post Six xAI Co-Founders Exit Amid Grok Controversy, SpaceX Merger appeared first on eWEEK.

#ai #startups #aiethics #genai #business #aerospace #layoffs #xai #elonmusk #grokai

22 days / ycombinator

22 days / mashable


Back to Top / Thursday, February 12, 2026, 3:20 pm / permalink 19097 / 5 stories in 22 days


Wildlight Lays Off Majority of Devs After Middling Highguard Launch

techpowerup - Highguard, the new free-to-play raid shooter from Wildlight Entertainment, launched in late January to high player counts that quickly dwindled after a lukewarm reception, despite bringing some unique concepts to the table. Since its launch, daily concurr…

#gaming #entertainment #business #jobs #layoffs #videogames

22 days / techpowerup


Back to Top / Thursday, February 12, 2026, 1:21 pm / permalink 19088 / 4 stories in 22 days


Riot Games is laying off half of the 2XKO development team

Anna Washenko / engadget - Another day, another wave of gaming layoffs. Today it's Riot Games with the announcement that it's cutting jobs on its pair-based fighting game 2XKO. For context, a representative from Riot confirmed to Game Developer that about 80 people are being cut, o…

#software #gaming #entertainment #business #jobs #culture #layoffs #performance #media #videogames

25 days / techpowerup


Back to Top / Monday, February 9, 2026, 4:21 pm / permalink 18955 / 4 stories in 25 days


Washington Post CEO resigns, leaving no clear strategy

Max Tani / semafor - Will Lewis and Jeff Bezos presided over a sharp decline at the definitive Washington newspaper.

#digitaltransformation #business #jobs #us #culture #bezos #layoffs #media

Back to Top / Saturday, February 7, 2026, 8:20 pm / permalink 18906 / 8 stories in 27 days


Is AI Really To Blame For All The Tech Layoffs?

bgr - Tech layoffs have been hitting the news since the pandemic ended and AI has been projected as a major reason. However, here's the actual truth.

#ai #automation #techpolicy #aiethics #genai #business #jobs #layoffs #technology

4 wks / techxplore

4 wks / go

4 wks / bgr


Back to Top / Sunday, February 1, 2026, 11:20 pm / permalink 18643 / 8 stories in 4 wks


Amazon cutting another 16,000 jobs

Ben Berkowitz / axios - Amazon said Wednesday it will cut another 16,000 jobs, just three months after slashing 14,000 roles across the company in a broad efficiency drive.The big picture: Companies have become outspoken about trying to do more with fewer people, for a mix of re…


AI-Powered Strategic Cuts

5 wks / mashable

5 wks / ycombinator

5 wks / scmp

5 wks / ft


General Layoff Announcements


Internal Reorganization Efforts

5 wks / cnbc


All Other Stories


Back to Top / Wednesday, January 28, 2026, 5:20 am / permalink 18478 / 25 stories in 5 wks


Amazon Inadvertently Announces Cloud Unit Layoffs In Email To Employees

BeauHD / slashdot - Amazon appears to have prematurely acknowledged layoffs inside AWS after an internal email referencing "organizational changes" and "impacted colleagues" was mistakenly sent to cloud employees. CNBC reports: "Changes like this are hard on everyone," Colle…

#cloud #amazon #business #governance #jobs #layoffs #technology

5 wks / techspot

5 wks / bbc

5 wks / cnbc


Back to Top / Wednesday, January 28, 2026, 12:21 am / permalink 18473 / 5 stories in 5 wks


Pinterest layoffs today: 15% of jobs cut as social media giant is latest to cite shift to AI

Michael Grothaus / fastcompany - Nike isn’t the only household corporate name to announce significant layoffs this week. Just a day after the sporting goods giant announced layoffs, citing a further embrace of automation, social media giant Pinterest has announced it will cut jobs. The d…

#ai #digitaltransformation #social #genai #business #jobs #layoffs #technology #ads

5 wks / techxplore

5 wks / mashable

5 wks / cnbc


Back to Top / Tuesday, January 27, 2026, 11:20 am / permalink 18443 / 9 stories in 5 wks


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U.S. prepares strict export controls on AI accelerators, curbing foreign sales

U.S. authorities are drafting new export rules requiring government approval for certain AI accelerators before overseas sales, aiming to limit adversaries’ access to advanced chips. The Commerce Department confirmed a tough approach that stops short of prior proposals but signals significant restrictions, forcing vendors and customers to navigate fresh geopolitical red tape. More...


Oracle and OpenAI scrap Texas data-center expansion; Meta eyes the spare capacity

Oracle and OpenAI have abandoned plans to expand a flagship Texas data center, leaving substantial compute capacity up for grabs. Nvidia reportedly brokered interest from Meta to take the unused slots as OpenAI downscales that particular buildout, a move that rattled markets and highlights shifting demand for large-scale on-prem AI infrastructure. More...


SoftBank seeks massive $40B loan to back OpenAI investment, courting big risk

SoftBank is reportedly seeking up to a $40 billion loan to finance its planned stake in OpenAI, an audacious use of leverage to double down on the AI boom. The move would be one of the largest single‑company financing gambits in recent memory, raising questions about balance‑sheet strain versus potential upside. More...


Pentagon labels Anthropic a supply‑chain risk; company vows legal fight

The Pentagon has designated Anthropic and its products as a “supply‑chain risk,” prompting the company to announce a court challenge. Experts warn the move could chill collaboration and talent flows into AI, while Anthropic insists it will contest the determination to protect its operations and customers. More...


UK Lords warn weakened AI copyright rules could damage creative industries

A House of Lords committee cautioned against watering down copyright protections to favor AI training, warning that allowing broad use of copyrighted works could harm the UK’s £124 billion creative sector. Faced with artist outcry, the government has delayed rule changes as lawmakers and creators push back against tech‑first licensing approaches. More...



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