#corporate-layoffs

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#ai-and-employment
Artificial intelligence
fromFuturism
12 hours ago

Nvidia CEO Begs Execs to Stop Telling Workers They're Fired Because of AI

AI job-loss claims are criticized as misleading, with soaring costs, mismanagement, and over-hiring cited as more plausible causes of layoffs.
Artificial intelligence
fromFuturism
12 hours ago

Nvidia CEO Begs Execs to Stop Telling Workers They're Fired Because of AI

AI job-loss claims are criticized as misleading, with soaring costs, mismanagement, and over-hiring cited as more plausible causes of layoffs.
Business
from24/7 Wall St.
13 hours ago

Another Company Trades AI Layoffs For Stock Price

Layoffs framed as AI-driven efficiencies can coincide with stock gains, while revenue stagnation and losses raise questions about motives and impacts on jobs.
Artificial intelligence
fromnews.bitcoin.com
13 hours ago

Sam Altman Reverses Course on AI Job Losses as Studies Show Limited Impact so Far

Evidence through 2026 shows limited AI-driven labor disruption, while deployment gaps and AI washing complicate claims about workforce replacement.
#ai-automation
fromFortune
1 day ago
Artificial intelligence

Standard Chartered CEO apologizes for calling some workers 'lower value human capital' in AI push | Fortune

Artificial intelligence
fromFortune
1 day ago

Standard Chartered CEO apologizes for calling some workers 'lower value human capital' in AI push | Fortune

AI-driven efficiency plans will reduce some back-office roles while reskilling staff into higher-value positions, prompting criticism over how workers are characterized.
Artificial intelligence
fromFuturism
1 week ago

New Data Suggests That AI Really Is Already Replacing Human Jobs

Employment in 18 AI-impacted occupations fell slightly from May 2024 to May 2025, with sales reps declining sharply.
Remote teams
fromfortune.com
2 days ago

A CEO fired all of HR, and the EEOC is suing the NYT

Letting go of an entire HR team eliminated problems, and civil rights enforcement should broaden while advancing administration priorities.
Coffee
fromLos Angeles Times
1 week ago

Starbucks to lay off 300 US corporate workers and close regional offices

Starbucks will lay off 300 corporate employees and close some U.S. offices to simplify operations and reduce costs, while investing in store redesigns and service.
fromwww.businessinsider.com
1 week ago

Starbucks says its turnaround is gaining momentum and cuts 300 more jobs

Starbucks continues cutting corporate staff as CEO Brian Niccol pushes ahead with a sweeping turnaround effort that has already reshaped parts of the coffee giant's business. The company announced on Friday that it is eliminating about 300 US support roles and reviewing its international support organization, a move that could result in additional layoffs outside the US. Starbucks is also consolidating regional office space and reevaluating lease commitments to cut costs and streamline operations.
Business
Business
fromArs Technica
1 week ago

Cisco announces record revenue and 4,000 layoffs in the same day

Layoffs realign resources toward silicon, optics, security, and AI, with up to $1 billion in pre-tax charges expected.
Marketing
fromwww.businessinsider.com
2 weeks ago

An internal memo shows LinkedIn's new marketing playbook: fewer staff, tighter budgets, and more AI

LinkedIn’s marketing team is cutting roles and paid media spending while adopting AI tools to reduce costs and position for future growth.
Business
fromFast Company
2 weeks ago

Walmart layoffs today: Tech-related jobs get cut as retail giant consolidates product and design operations

Walmart is consolidating digital operations, eliminating some corporate roles, and offering internal opportunities or relocation options for affected employees.
#artificial-intelligence
Artificial intelligence
fromFuturism
2 weeks ago

CEOs Say AI Gives Them Only Two Options, and Both Are Bad News for Employees

CEOs face pressure to adopt AI either to cut jobs or to keep headcount while increasing output and productivity.
fromFortune
2 months ago
Artificial intelligence

Jack Dorsey lays off 40% of Block, saying AI has changed the game: 'Intelligence tools have changed what it means to build and run a company' | Fortune

Block laid off 40% of its workforce citing AI tools enabling smaller teams to work more efficiently, causing stock to surge 20% as investors viewed the move as profit-enhancing.
Artificial intelligence
fromFuturism
2 weeks ago

CEOs Say AI Gives Them Only Two Options, and Both Are Bad News for Employees

CEOs face pressure to adopt AI either to cut jobs or to keep headcount while increasing output and productivity.
fromFortune
2 months ago
Artificial intelligence

Jack Dorsey lays off 40% of Block, saying AI has changed the game: 'Intelligence tools have changed what it means to build and run a company' | Fortune

NYC LGBT
fromAdvocate.com
3 weeks ago

The terrible cost of the Bezos Met Gala

The Met Gala hosts, Jeff Bezos and Lauren Sánchez Bezos, symbolize the disconnect between wealth and the struggles of the working class.
from48 hills
2 months ago

At Gaming Conference, game-workers keep unionization hopes alive - 48 hills

The United Videogame Workers-CWA Local 9433 is a direct-join organization that, according to organizers, is meant to provide a channel into activism and organizing for workers in a fragmented industry. The day of the organization's launch, its membership swelled to triple digits, and CWA members led an impromptu march from a panel discussion in Moscone's West Hall to the bandshell in Yerba Buena Gardens, accompanied by cheers from passersby.
Media industry
Artificial intelligence
fromFuturism
2 months ago

Elon Musk Orders Sweeping Layoffs as xAI Fails to Catch Up

Elon Musk is rebuilding xAI from the ground up after admitting initial failures, conducting sweeping layoffs due to frustration with AI coding software progress and cofounder exodus.
Tech industry
fromBusiness Insider
2 months ago

Layoffs or an AI pivot? It's hard to tell the difference now

Companies are framing layoffs as AI-driven strategic pivots to improve stock performance and investor perception, while underlying causes include pandemic overhiring, stock decline, and RSU compensation burdens.
Tech industry
fromFast Company
2 months ago

Oracle is the latest tech company slashing jobs over AI

Oracle is conducting major layoffs affecting thousands of employees to fund its $300 billion AI infrastructure investment with OpenAI, increasing restructuring costs to $2.1 billion.
Media industry
fromBusiness Insider
2 months ago

NBCUniversal is planning to lay off dozens of employees as the African streamer Showmax shuts down

NBCUniversal is laying off dozens of employees as Showmax, its jointly-operated African streaming service with Canal+, shuts down after being deemed an expensive failure.
Business
fromBusiness Insider
2 months ago

Layoffs are feeling awfully tempting for companies right now

Economic uncertainty drives CEOs to cut jobs as a cash-preservation strategy, with January 2024 layoffs reaching their highest level since 2009, while investors reward companies announcing workforce reductions.
Tech industry
fromwww.theguardian.com
2 months ago

Current and former Block workers say AI can't do their jobs after Jack Dorsey's mass layoffs: You can't really AI that'

Block CEO Jack Dorsey laid off nearly half the workforce citing AI productivity gains, but current and former employees dispute claims that AI tools can replace workers at this scale.
Fashion & style
fromFuturism
2 months ago

Jack Dorsey Defends Wearing "Love" Hat While Firing 4,000 Employees in Pivot to AI

Jack Dorsey announced 40% workforce cuts at Block while wearing a 'LOVE' hat, framing the layoffs as compassionate and motivated by AI advancement.
Startup companies
fromWGB
2 months ago

More Layoffs At Build A Rocket Boy As The Company Once Again Blames Sabotage

Build A Rocket Boy announces its third round of layoffs while claiming external criminal interference and corporate sabotage affected their launch.
Tech industry
fromBusiness Insider
2 months ago

Block employee says the company dangled a 75% pay raise to get her to stay after layoffs - but she decided to quit

Block offered retention bonuses and pay increases to surviving employees after laying off over 4,000 workers, but some recipients rejected the packages as ethically problematic.
Remote teams
fromFast Company
2 months ago

This Block employee survived the 'Thanos snap'-then refused a 90% pay bump and quit immediately. Why her explanation is going viral

Block's 40% workforce reduction for AI efficiency prompted a surviving employee to resign despite receiving a 90% compensation increase, citing ethical concerns over peer layoffs.
#ai-job-displacement
Artificial intelligence
fromFuturism
2 months ago

The AI Jobs Apocalypse Is Starting to Feel Real

Tech and financial leaders increasingly cite AI as justification for mass layoffs, with over 54,000 job losses attributed to AI in recent announcements, though the full extent of AI-driven job displacement remains uncertain.
fromFast Company
6 months ago
Artificial intelligence

Are you AI-literate?

AI is already displacing some workers while creating new roles; future job impacts remain uncertain and hinge on retraining, organizational decisions, and skill demand.
Artificial intelligence
fromFuturism
2 months ago

The AI Jobs Apocalypse Is Starting to Feel Real

Tech and financial leaders increasingly cite AI as justification for mass layoffs, with over 54,000 job losses attributed to AI in recent announcements, though the full extent of AI-driven job displacement remains uncertain.
#ai-and-workforce-automation
Business
fromwww.theguardian.com
2 months ago

Can AI do 40% of your job? Block's Jack Dorsey thinks so

Block CEO Jack Dorsey cited AI efficiency as justification for laying off 40% of employees, though weak crypto markets, overstaffing, and declining stock price likely contributed significantly to the decision.
#ai-washing
Artificial intelligence
fromEntrepreneur
2 months ago

Jack Dorsey's Block Cuts 4,000 Jobs: Critics Claim AI-Washing

Block Inc. blamed AI for cutting 4,000 jobs, but analysts attribute the layoffs to poor management and business bloat rather than AI-driven efficiency gains.
fromFortune
3 months ago
Artificial intelligence

Sam Altman says the quiet part out loud, confirming some companies are'AI washing' by blaming unrelated layoffs on the technology | Fortune

Artificial intelligence
fromEntrepreneur
2 months ago

Jack Dorsey's Block Cuts 4,000 Jobs: Critics Claim AI-Washing

Block Inc. blamed AI for cutting 4,000 jobs, but analysts attribute the layoffs to poor management and business bloat rather than AI-driven efficiency gains.
fromFortune
3 months ago
Artificial intelligence

Sam Altman says the quiet part out loud, confirming some companies are'AI washing' by blaming unrelated layoffs on the technology | Fortune

Tech industry
fromBusiness Insider
2 months ago

The brutal metric companies are using to show their AI bets are justified

CEOs are conducting large-scale layoffs while promoting AI investments to signal to investors that AI productivity gains justify workforce reductions.
Tech industry
fromArs Technica
2 months ago

Block lays off 40% of workforce as it goes all-in on AI tools

Block is cutting staff despite strong financial performance, reflecting broader corporate layoffs amid concerns about AI's impact on employment.
Artificial intelligence
fromBusiness Insider
2 months ago

Block's Jack Dorsey wants nimble and quick. He thinks AI will do the trick.

Block CEO Jack Dorsey cut nearly half of the company's 10,000 employees due to AI capabilities increasing worker productivity by 40%, enabling fewer staff to accomplish the same work.
fromThe Verge
2 months ago

Jack Dorsey's Block cuts nearly half of its staff in AI gamble

We're not making this decision because we're in trouble. Our business is strong. Gross profit continues to grow, we continue to serve more and more customers, and profitability is improving. But something has changed. We're already seeing that the intelligence tools we're creating and using, paired with smaller and flatter teams, are enabling a new way of working which fundamentally changes what it means to build and run a company.
Artificial intelligence
E-Commerce
fromTechCrunch
2 months ago

eBay to lay off 800 staff | TechCrunch

eBay is laying off 800 employees (6% of workforce) to realign its structure with strategic priorities while simultaneously acquiring Depop for $1.2 billion.
Silicon Valley
fromSFGATE
3 months ago

Bay Area company that 'precisely allocates every human resource' lays off dozens

C3.AI laid off 71 employees at its Redwood City headquarters, including 18 data scientists and 45 engineers, as part of a turnaround effort under new CEO Stephen Ehikian.
E-Commerce
fromVariety
3 months ago

Amazon Powers Up Record Q4 Sales, Forecasts $200 Billion in 2026 Capex

Amazon reported record Q4 2025 revenue of $213.4 billion, 14% sales growth, $21.2 billion net income, and plans $200 billion capital spending in 2026.
#amazon
fromwww.theguardian.com
5 months ago

More than 1,000 Amazon workers warn rapid AI rollout threatens jobs and climate

More than 1,000 Amazon employees have signed an open letter expressing serious concerns about AI development, saying that the company's all-costs justified, warp speed approach to the powerful technology will cause damage to democracy, to our jobs, and to the earth. The letter, published on Wednesday, was signed by the Amazon workers anonymously, and comes a month after Amazon announced mass layoff plans as it increases adoption of AI in its operations.
Artificial intelligence
Business
fromBusiness Insider
5 months ago

Amazon placed him on a PIP. He bought himself time to find a new job.

A software engineer on a performance improvement plan used remaining paternity leave to buy time and financial breathing room while searching for a new job.
Careers
fromFast Company
6 months ago

The 'low-hire, low-fire' job market is leaving unemployed Americans in limbo

Low unemployment coexists with the slowest hiring in over a decade, leaving unemployed workers struggling despite economic growth.
Business
fromFortune
6 months ago

Meet a 32-year-old who quit her job a year ago and is still looking after 700 applications and counting in the 'low-hire, low-fire' job market | Fortune

Low unemployment masks a weak hiring market where employers' reluctance to add staff leaves many unemployed people struggling to find work.
US politics
fromFast Company
6 months ago

American Airlines layoffs: Support and management job cuts add to corporate staff reductions in 2025

American Airlines is cutting hundreds of mid-level management and non-union support jobs amid financial losses and operational strain from the federal government shutdown.
#amazon-layoffs
Artificial intelligence
from24/7 Wall St.
6 months ago

AI Destruction of Millions of Jobs Begins

AI-driven automation is prompting large-scale layoffs across diverse sectors, potentially displacing millions of U.S. workers and risking significant economic downturn.
US news
from24/7 Wall St.
6 months ago

Here Are Wednesday's Top Wall Street Analyst Research Calls: United Health, SoFi, Skyworks, Energy Transfer and More

U.S. stocks hit new highs on strong Q3 earnings while massive corporate layoffs and a weakening job market raise Fed-policy and inflation concerns.
Business
fromFast Company
6 months ago

This week in business: Netflix shakes up Wall Street, Amazon trims down, and shoppers gear up

Mortgage-free homeownership hit 40.3%, firms pursue stock-split moves while Amazon reallocates staff toward AI and retailers preemptively cut holiday prices.
#target
Business
fromFast Company
7 months ago

Target layoffs will hit 8% of global corporate workforce: Why the retailer is slashing jobs before the holidays

Target will eliminate 1,800 corporate roles — about 8% of its global headquarters team — including 1,000 layoffs and 800 unfilled positions.
#starbucks
Artificial intelligence
from24/7 Wall St.
11 months ago

These Companies Are Cutting Jobs Because Of AI

AI is projected to displace hundreds of millions of jobs worldwide, fundamentally altering the job market.
Tech companies are leading the charge in layoffs due to AI advancements, particularly in routine job roles.
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