Microsoft offers buyouts to nearly 30% of workforce in ongoing AI shift
Microsoft is offering buyouts to roughly 60,000 employees, or about 27% of its workforce, as the software giant…
American Express is cutting 5% of its workforce to ‘prepare for AI’
Stephen Squeri, chairman and chief executive officer of American Express Co., speaks during an Economic Club of New…
EA Cuts Around 400 Jobs, Shuts Down BioWare
After going private in August, Electronic Arts (EA) is cutting about 3% of its staff and shutting down…
EPF withdrawal rules: What happens if you withdraw full amount due to unemployment and later get a new job
Losing a job and being unable to find another one, or staying out of the workforce due to…
Zoom’s CEO agrees that a 3-day workweek is coming soon thanks to AI
However, as more chatbots and automated assistants take over the duties of human roles, there’s a growing cohort…
Uber to cut workforce by 10% to make platform ‘simpler and faster’
UBER WILL LAY off around 10% of its staff as part of “significant organizational changes,” CEO Dara Khosrowshahi…
Institute of Contemporary Art, San Diego faces financial and leadership crisis – The Art Newspaper
The Institute of Contemporary Art, San Diego (ICA) recently laid off eight staff members, almost half its employees.…
Layoffs coming to VCU Health employees in Richmond
RICHMOND, Va. — A healthcare services company is closing its operations at VCU Health in Richmond. According to…
After a layoff and long job search, this 45-year-old is going to nursing school
Kristy Layden was tired of opening LinkedIn and seeing one person after another post about being laid off…
Monday.com is the latest tech company to blame AI for layoffs — here are 20 others
Monday.com, the Tel Aviv-based work management software company known for its colorful, customizable project-tracking boards, this week became…
Personal training app Flex AI is shutting down
CEO cites difficulty creating a sustainable business in the crowded fitness tech category.
Vancouver-based personal training app…
New Samsung Layoffs in the U.S. Show Smartphone Arm’s Struggles, Even as It Profits Massively From AI
A round of layoffs just hit Samsung’s operation in the U.S. In addition to the obvious human dimension…