Tech layoffs
Amazon plans thousands more corporate job cuts next week, sources say
It would be the largest layoff in Amazon’s three-decade history
Autodesk to cut about 7% of staff amid sales reorganisation push
Most of the reductions will be related to sales functions, the company says
Meta begins job cuts as it shifts from metaverse to AI devices
Reality Labs houses the company’s hardware and other futuristic product efforts
Meta plans to cut 10% of jobs at company’s Reality Labs division
The division has roughly 15,000 employees
From Amazon to Microsoft, AI is driving thousands of job cuts worldwide
Global banks alone will let go of as many as 200,000 employees in the next three to five years
HP to cut about 6,000 jobs by 2028, ramps up AI efforts
HP SAID on Tuesday it expects to cut between 4,000 and 6,000 jobs globally by fiscal 2028 as part of a plan to streamline operations and adopt artificial intelligence to speed up product development, ...
IBM to cut thousands of jobs in fourth quarter amid software focus
The company employs about 270,000 workers as at the end of 2024
AI hiring thaw helps relieve tech talent glut in China
This hyper-competitive environment for graduates is playing out against a backdrop of a broader structural shift in the industry’s labour market
Oracle cuts cloud division jobs amid surge in AI spending
Many tech giants have sought to deal with the surging costs of artificial intelligence by reducing expenses in other parts of the business
China’s tech giants spook a generation of workers with job cuts
The industry turmoil has hit mid-career professionals, particularly those over 35, the hardest
