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…
Tag: Cuts
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…
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…