Tag Archives: Layoffs

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

State Department layoffs begin Friday with 1,300 job cuts. Here’s the breakdown

July 11, 2025 State Department layoffs begin Friday with 1,300 job cuts. Here’s the breakdown BY Jennifer Mattson The State Department is set to begin firing more than 1,300 people on Friday, according to multiple sources including The New York Times, The Washington Post, and CNN, who has seen an internal memo on the matter. Secretary … Continue reading State Department layoffs begin Friday with 1,300 job cuts. Here’s the breakdown