Tag Archives: Layoffs

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

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

Oracle layoffs: Stock price rises as sudden job cuts shock employees

March 31, 2026 Oracle layoffs: Stock price rises as sudden job cuts shock employees BY Michael Grothaus Another round of layoffs has hit the tech industry, this time at SaaS giant Oracle Corporation (NYSE: ORCL). The job cuts reportedly came out of the blue for most affected employees, with many receiving an early-morning email announcing their … Continue reading Oracle layoffs: Stock price rises as sudden job cuts shock employees

How to lead a team decimated by layoffs

March 09, 2026 How to lead a team decimated by layoffsBY Jenny Fernandez and Kathryn Landis It sounds like an obvious business decision: cut headcount, reduce costs, and signal efficiency to the market. When Block CEO Jack Dorsey eliminated more than 4,000 jobs—nearly half the company’s workforce—citing AI-driven efficiency gains, the company’s stock rose more than 20% … Continue reading How to lead a team decimated by layoffs

Sam Altman thinks AI is being unduly blamed for layoffs

  February 20, 2026 Sam Altman thinks AI is being unduly blamed for layoffs  BY Pavithra Mohan As major employers have slashed jobs over the past year, many have cited artificial intelligence or automation to justify the cuts. AI was referenced in nearly 55,000 layoffs in 2025, according to outplacement firm Challenger, Gray & Christmas—and the … Continue reading Sam Altman thinks AI is being unduly blamed for layoffs