Branch International Cuts Staff in Africa Amid $30 Million Profit | PYMNTS.com
Visa-backed digital lending startup Branch International is reportedly cutting staff at its Kenyan and Nigerian offices. That’s according to a…
Tag: Cuts
DeepSeek cuts flagship AI model prices by 75% amid Huawei chip expansion
Chinese artificial intelligence (AI) company DeepSeek said it would permanently reduce prices for its flagship V4-Pro AI model by 75%,…
Indian-founded unicorn joins AI layoff wave with 340 job cuts across India and US
Innovaccer, the Indian-founded healthcare technology unicorn headquartered in San Francisco, has laid off around 340 employees across India and the…
Job cuts at Freshworks; Meesho, PB Fintech Q4 earnings
Freshworks announced job cuts as it ramps up AI focus. This and more in today’s ETtech Top 5. Also in…
Tech layoffs top 73,000 in 2026 as AI drives cuts at Meta, Oracle, others – The Economic Times
Layoffs in the tech sector are accelerating, with more than 73,000 roles already eliminated across 95 companies in 2026. The…
AI becomes top reason for US job cuts, report finds
Artificial intelligence (AI) became the leading cause of job cuts in the United States last month, according to a monthly…
AI is used as a scapegoat for job cuts, says Salesforce CEO
Marc Benioff, CEO of US-based cloud software company Salesforce, has said that many companies are wrongly blaming artificial intelligence for…
Bolt Cuts Third of Staff Amid New AI Focus | PYMNTS.com
Bolt has cut at least a third of its workforce amid reports of financial pressures. The move by the one-click…
Mexico’s Femsa Cuts Jobs After Bid to Become Fintech Powerhouse Fizzles – Bloomberg.com
Mexico’s Femsa Cuts Jobs After Bid to Become Fintech Powerhouse Fizzles Bloomberg.com Source link
Netflix cuts ties with Meghan Markle’s lifestyle brand 11 months after launch – Entertainment Weekly
Netflix cuts ties with Meghan Markle’s lifestyle brand 11 months after launch Entertainment Weekly Source link
Zap Africa cuts 44% of workforce in AI-driven restructuring
Zap Africa, a Nigerian cryptocurrency startup, cut 44% of its workforce in February 2026, cutting staff across its design, operations,…
Remitly cuts 110 jobs in Israel and closes R&D hub three years after $80 million Rewire acquisition | CTech
Remitly, the Nasdaq-listed digital payments company that acquired Israeli fintech Rewire for $80 million in 2022, is laying off around…
Global tech and startup layoffs hit 25,000 in January as AI spending and cost cuts accelerate – BusinessToday
Global technology companies and startups cut nearly 25,000 jobs in January, extending a multiyear wave of layoffs into 2026 as…
ASML posts record orders on AI chip demand, hikes 2026 outlook, cuts jobs
ASML posts record orders on AI chip demand, hikes 2026 outlook, cuts jobs The Standard (HK) Source link
Northern Ireland AI Startup Lyxity Launches Platform That Cuts Content Creation From 100 Hours to 45 Minutes
Armagh-based Lyxity introduces IP-protected Intelligent Content technology as AI-powered content market surges past £2.8 billion globally Lyxity, an AI content…
Melinda French Gates-Backed Startup Tia Cuts 23% Of Staff As Profit Pressures Mount Across Women’s Health Industry
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Tia, a women-focused…
ChatGPT forces education startup Chegg to make massive job cuts
Chegg, the US-based education company, is cutting 22 percent of its workforce—about 250 jobs—as more students turn to free AI…
US federal job cuts to pile pressures on biotech sector
US FDA and NIH cuts are expected to delay drug approvals and decrease grant funding, making it harder for young…