Category Archives: Employee Layoffs

Mark Zuckerberg pushes back against AI job loss fears after Meta’s own layoffs

June 30, 2026 Mark Zuckerberg pushes back against AI job loss fears after Meta’s own layoffs BY Ella Chakarian During an interview last week on Complex’s Idea Generation series, Meta CEO Mark Zuckerberg addressed one of the industry’s most contentious points: whether or not AI will lead to widespread employment loss. “There’s a lot of anxiety … Continue reading Mark Zuckerberg pushes back against AI job loss fears after Meta’s own layoffs →

Xbox plans layoffs, even after Microsoft CEO said company is ‘long on gaming’

June 15, 2026 Xbox plans layoffs, even after Microsoft CEO said company is ‘long on gaming’ BY Ella Chakarian   In July, Xbox may be the next brand hit with major changes to its workforce.  According to Bloomberg, people familiar with Xbox’s strategy said that it is “planning major job cuts next month,” although the scale … Continue reading Xbox plans layoffs, even after Microsoft CEO said company is ‘long on gaming’ →

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’ →