Tag Directory / LAYOFFS     showing 121–126 of 126   RSS



General Fusion Layoffs Amid Funding Crisis

General Fusion finds itself in troubled waters as job cuts and a funding shortfall force the fusion startup to scramble for new capital. The beleaguered company’s struggles underscore the inherent challenges of financing breakthrough energy innovations in today’s market.

#startups #energy #finance #jobs #layoffs

Back to Top / Monday, May 5, 2025, 4:20 pm / permalink 4084 / 3 stories in 10 months


Polygon Sold to Valnet, Triggering Massive Layoffs

Polygon has recently undergone a dramatic change of guard as it was sold to Valnet, an event that has resulted in extensive layoffs throughout its staff. The restructuring has sent shockwaves through the gaming journalism community, leaving longtime employees and fans wondering about the future direction of this trusted media outlet.

#privateequity #business #jobs #acquisitions #layoffs

Back to Top / Thursday, May 1, 2025, 12:20 pm / permalink 3830 / 4 stories in 10 months


Judge Halts CFPB Mass Layoffs Amid Legal Uncertainty

A federal judge intervened in the Trump administration’s plan to fire nearly 1500 employees at the Consumer Financial Protection Bureau. The judge’s decision to pause the mass layoffs is pending a detailed review of whether the administration’s actions violated a court order. This legal intervention has temporarily secured the positions of CFPB workers and cast uncertainty on the agency’s future restructuring plans, pending further judicial and administrative scrutiny.

#layoffs

Back to Top / Friday, April 18, 2025, 1:20 pm / permalink 2838 / 8 stories in 10 months


Trump Administration Slashes Public Health Agencies in Massive Layoff Wave

Two separate reports reveal a broad policy shift within federal public health. One article details imminent cuts in contract spending at the CDC, while another documents HHS’s decision to fire thousands of workers amid sweeping administrative cost‐reduction measures. The actions underscore a controversial new agenda reshaping government health operations.

#layoffs

11 months / gizmodo / Ed Cara


Back to Top / Thursday, April 3, 2025, 8:21 pm / permalink 1138 / 1 stories in 11 months


HHS layoffs spur fears over healthcare and cybersecurity risks

Massive workforce reductions within federal health agencies are raising concerns over both the continuity of healthcare services and the integrity of critical cybersecurity measures. Reports indicate that thousands of employees at institutions like the CDC and FDA face layoffs, with lawmakers warning of vulnerabilities that could undermine public health operations and compromise essential data security protocols amid sweeping policy shifts.

#layoffs

11 months / therecord


Back to Top / Tuesday, April 1, 2025, 5:20 pm / permalink 688 / 5 stories in 11 months


US CHIPS Act Encounters Investment Pressure and Mass Layoff Concerns

Two reports raise alarms over the future of the US CHIPS Act. One article explains that Commerce Secretary Lutnick is demanding significant additional semiconductor investments as a condition for releasing promised grant funds, while another warns that growing mass layoffs in the industry may undermine the Act’s objectives. Both pieces point to operational and financial challenges that could stall key federal support for chipmakers.

#layoffs

Back to Top / Monday, March 31, 2025, 10:20 pm / permalink 547 / 3 stories in 11 months


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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...


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...


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...


OpenAI launches Codex Security agent to automatically detect software vulnerabilities

OpenAI rolled out Codex Security, an AI agent that scans codebases to find complex vulnerabilities, suggests actionable fixes, and uses sandbox testing to limit false positives. The tool has already flagged issues in major projects and aims to compete with traditional application security tooling by automating deep, contextual code review. More...



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