Category Archives: Employee Layoffs

Samsung union suspends strike after reaching tentative deal on bonuses

Samsung union suspends strike after reaching tentative deal on bonuses The strike would have impacted Samsung’s memory chip production. By Mariella Moon May 21, 2026   Chung Sung-jun/Getty Images Samsung’s largest labor union in South Korea has suspended the strike that was set to begin on May 21 after reaching a tentative deal with the company. … Continue reading Samsung union suspends strike after reaching tentative deal on bonuses

Here’s how Meta is justifying its layoffs to thousands of employees

May 20, 2026 Here’s how Meta is justifying its layoffs to thousands of employees BY Pavithra Mohan Meta officially announced a sweeping round of layoffs today that will impact thousands of employees across the business, or about 10% of the company’s 78,000-person workforce.  In a memo to employees today—obtained by Business Insider—Meta remained coy about the … Continue reading Here’s how Meta is justifying its layoffs to thousands of employees

The scariest part of LinkedIn’s layoffs isn’t the number of jobs cut

May 13, 2026 The scariest part of LinkedIn’s layoffs isn’t the number of jobs cut BY Anna-Louise Jackson LinkedIn on Wednesday joined what’s become a near-daily drumbeat of layoff announcements among tech companies. The Microsoft-owned company will reportedly eliminate about 5% of its head count, which might total roughly 875 employees, based on the latest head … Continue reading The scariest part of LinkedIn’s layoffs isn’t the number of jobs cut

LinkedIn is reportedly laying off five percent of its workforce

LinkedIn is reportedly laying off five percent of its workforce By Kris Holt May 13, 2026   Smith Collection/gado/Getty Images LinkedIn is the latest major tech company to announce large-scale layoffs. According to Reuters, the company is letting around five percent of its workforce go. Given that LinkedIn has more than 17,500 full-time employees, that means … Continue reading LinkedIn is reportedly laying off five percent of its workforce

General Motors is laying off IT workers to hire people who specialize in AI

May 13, 2026 General Motors is laying off IT workers to hire people who specialize in AI BY Pavithra Mohan   Multiple reports this week revealed that General Motors is cutting hundreds of jobs in its IT department—but not with the intent to replace them outright with AI. The layoffs are reportedly impacting about 600 employees, … Continue reading General Motors is laying off IT workers to hire people who specialize in AI

Coinbase layoffs today: Crypto giant cuts hundreds of jobs as CEO says AI is ‘changing how we work’

May 05, 2026 Coinbase layoffs today: Crypto giant cuts hundreds of jobs as CEO says AI is ‘changing how we work’ BY Michael Grothaus May is kicking off with another brutal round of tech layoffs that have been affecting the industry for much of the year. Today, the U.S.’s largest cryptocurrency exchange, Coinbase Global, Inc. (Nasdaq: … Continue reading Coinbase layoffs today: Crypto giant cuts hundreds of jobs as CEO says AI is ‘changing how we work’

Hollywood layoffs 2026: Disney, Sony, Bad Robot slash jobs in a bruising week for the entertainment industry

April 09, 2026 Hollywood layoffs 2026: Disney, Sony, Bad Robot slash jobs in a bruising week for the entertainment industry BY Michael Grothaus April is off to a bruising start for people working in Hollywood. Since the month began, two major studios and one of Hollywood’s most high-profile production companies have announced layoffs totaling more than … Continue reading Hollywood layoffs 2026: Disney, Sony, Bad Robot slash jobs in a bruising week for the entertainment industry

Samsung is shutting down its texting app for U.S. customers

April 08, 2026 Samsung is shutting down its texting app for U.S. customers BY Associated Press Samsung is saying goodbye to its namesake texting app, at least for United States customers. According to an end-of-service announcement published on the tech giant’s U.S. support website, Samsung Messages will be discontinued in July. Impacted owners of Samsung smartphones and other … Continue reading Samsung is shutting down its texting app for U.S. customers