Block Stock Drops 11% After Earnings Miss Despite Mass AI Layoffs – Startup Fortune
Block cut 40% of its staff this year betting that AI would make the company leaner and faster. On Wednesday…
Tag: layoffs
Why Moniepoint is restructuring its engineering and product teams? – Innovation Village | Technology, Product Reviews, Business
Nigerian fintech unicorn Moniepoint is undertaking a major restructuring of its engineering and product divisions, a move that will result…
Disney agrees to pay $60 million to employees of bankrupt AI startup after tech layoffs
Disney has agreed to pay $60 million to 66 employees of an artificial intelligence startup that filed for bankruptcy, according…
big tech layoffs 2025 broke the stability myth
How big tech layoffs 2025 actually hit workers Think of it like a building where the elevators still run but…
Even Healthcare Layoffs: Startup Sheds 30-35% Workforce Amid Back-To-Back Fundraise
Healthtech startup Even Healthcare has laid off around 350 employees as it restructures its business and shifts its focus from…
Hard Kr Exclusive Interview: Former Zhangmen Education CEO Launches Home Robot Startup & Secures 1B Yuan Financing After Company Delisting & 100,000 Employee Layoffs
Author | Q Xiaofen Editor | Yuan Silai Up to now, Zhang Yi, the founder of Not Far Future, still…
Personal training app Flex AI is shutting down | BetaKit
CEO cites difficulty creating a sustainable business in the crowded fitness tech category. Vancouver-based personal training app Flex AI…
Workers sue Meta, claim AI unfairly targeted disabled staff in layoffs
A group of 26 employees has filed a lawsuit accusing Meta of using artificial intelligence systems to disproportionately select workers…
Digital Eating Disorder Treatment Startup Equip Health Rolls Out Layoffs
Equip Health, the digital intensive eating-disorder treatment startup, says that it has laid off about 4% of its staff. The…
Inside Africa’s tech layoffs: What the data says (2023–2026)
Between January 2023 and March 2026, at least 56 layoff events (4,948 disclosed job losses) swept through Africa’s tech ecosystem.…
Brutal bloodbath at California tech startup Webflow as staff locked out without warning
Website building and hosting platform Webflow is the latest victim of Artificial Intelligence that has wreaked havoc on California’s tech…
CEO of European startup Lovable funded by US tech giants makes fun of Google, Meta, Microsoft over layoffs; says: Era of American companies as …
The CEO of a fast-growing, Europe-based artificial intelligence (AI) startup has taken a swipe at Silicon Valley’s biggest names, including…
“We are restructuring Rapyd”: fintech unicorn begins layoffs amid AI shift | CTech
CEO says company is building a “unified, AI-driven organization” to scale and grow profitably. Fintech unicorn Rapyd is undergoing a…
This HR-tech startup says AI boosted revenue per employee by 50% without layoffs
Remote, an Amsterdam-based HR and payroll technology startup, says artificial intelligence has helped the company increase revenue per employee by…
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…
Tech layoffs pass 100,000 as companies fund AI ambitions – Startup Fortune
Tech companies are cutting workers at a pace that has already pushed 2026 past 100,000 layoffs, and AI is now…
Tech layoffs surge past 114,000 in AI-driven reset – Startup Fortune
According to data compiled by Layoffs.fyi as of May 21, 2026, tech companies have now cut 114,210 jobs across 150…
Bolt layoffs spark Ryan Breslow HR backlash
Bolt’s elimination of its HR department amid deep layoffs has reignited debate over Silicon Valley’s aggressive cost-cutting culture. Bolt CEO Ryan…