Business
Xbox cuts 3,200 jobs as gaming business struggles
Xbox is hitting the reset button. Microsoft’s video game division plans to eliminate 3,200 jobs, or around 20% of its staff, over the next…
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Jobs
Business
Cloudflare's engineering headcount surged 45% after it cut 1,100 jobs, and its CEO has a framework for who survives AI
TL;DR Cloudflare’s engineering team grew 45% even after mass layoffs, as CEO Prince says AI kills “measurer” roles while builders and…
Business
DGA Ratifies Four-Year Deal Meant to Protect Members’ Jobs Amid Historic Downturn
The Directors Guild of America has voted to ratify a four-year contract intended to preserve members’ jobs amid a historic downturn in…
Culture
DGA Deal Lands Health Plan Gains, Streaming Residual Hikes and Responds to TV Slump by Limiting Actors and Others From Taking Director Jobs
The Directors Guild of America has secured a provision in its new contract that limits actors and others who work on TV series from…
Business
Another tech company says it will cut hundreds of jobs amid pivot to AI
Layoffs have continued with another tech company saying it was cutting people to enable it to use more artificial intelligence. Groupon…
Culture
Why 'House of David' director thinks AI can save Hollywood jobs
In 1926, director Cecil B. DeMille hired hundreds of workers to build a set of Jerusalem inside the DeMille Studios in Culver City for the…
News
Hundreds of applications, no jobs and AI competition: California's brutal tech work landscape
Laid-off tech worker Joseph Tinner has spent almost a year hunting for a job. It has been a depressing crash course on the sea change in…
Business
Block to cut more than 4,000 jobs amid AI disruption of the workplace
Fintech company Block said Thursday that it’s cutting more than 4,000 workers or nearly half of its workforce as artificial intelligence…
Business
Santos to cut 10% jobs as growth projects near end, annual profit misses estimates
Australian oil and gas producer Santos reported a steeper-than-expected drop in annual profit on Wednesday (Feb 18), hurt by weak…
Business
Video: The Hidden Number Driving U.S. Job Growth
new video loaded: The Hidden Number Driving U.S. Job Growth After a year of just 181,000 new jobs, January’s 131,000 increase in the U.S.…
Business
Maersk’s 2026 earnings drop with gradual opening of Red Sea, cuts jobs
It expects its underlying Ebitda to be between US$4.5 billion and US$7 billion this year, down from US$9.6 billion in 2025 Danish shipping…
Business
Boeing to cut around 300 defence division supply chain jobs
The workforce reduction comes at a time when companies are paring jobs and closely monitoring headcount Boeing is eliminating about 300…
Business
3 ways to attract employees who will love their jobs
If you’re a CEO, entrepreneur, recruiter, or hiring manager, you know how important it is to hire the right people for the right roles.…
Business
Heavy earnings week, jobs data to test US stocks after Microsoft swoon
Results are due from about one-quarter of S&P 500 companies including Alphabet, Amazon, Lilly Another huge batch of corporate earnings…
Business
Peloton cuts 11% of jobs, with engineering teams getting hit
The fitness technology company joins a slew of other tech companies that have recently slashed their workforces Peloton Interactive, the…
Business
Swatch Group Profits Slump 89% in 2025 on Decision to Maintain Jobs
PARIS — The cost of maintaining production capacities and jobs without asking for subsidies for reduced hours is clear at the Swatch…
Business
Santander to shut 44 branches and put 291 jobs at risk
"We will continue to invest in both our branch network - comprising of full-service branches, counter-free branches, reduced-hour…
Business
Chip firm ASML to slash 1,700 jobs and posts record profit for 2025 thanks to AI boom
Dutch semiconductor chip machine maker ASML recorded a record net profit of 9.6 billion euros ($11.5 billion) in 2025 on sales of 32.7…
Business
Amazon cuts 16,000 jobs globally to undo pandemic-era hiring amid AI push
The job cuts also underscore how artificial intelligence is changing corporate workforce dynamics Amazon said on Wednesday (Jan 28) it was…
Business
Pinterest layoffs today: 15% of jobs cut as social media giant is latest to cite shift to AI
Nike isn’t the only household corporate name to announce significant layoffs this week. Just a day after the sporting goods giant…
Business
UPS to cut another 30,000 jobs as it doubles down on turnaround
United Parcel Service on Tuesday (Jan 27) said it would cut up to 30,000 operational roles in 2026, adding to last year’s job reductions…
Business
Micron invests US$24 billion to expand Singapore manufacturing complex; 1,600 jobs to be created
This brings the company’s total investments in Singapore to around US$60 billion Semiconductor giant Micron Technology broke ground on…
Business
Ubisoft set to cut up to 200 jobs headquarters in restructuring
Ubisoft Entertainment has entered discussions to cut as many as 200 jobs at its French headquarters as part of a reorganisation of the…