Tech layoffs
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
Microsoft offers some salespeople extra pay following layoffs
In recent months, the company has terminated some 15,000 people in two rounds of major layoffs
Scale AI to cut 14% of staff following Meta investment
The startup has long been the best-known name in the market for helping tech firms label and annotate the data needed to build artificial intelligence models
Companies are getting worse at laying people off
Empathetic leadership, all the rage during the Covid era, isn’t part of the conversation anymore
Microsoft touts US$500 million AI savings while slashing jobs
Artificial intelligence implementation has fuelled replacement anxiety for many workers, particularly in the tech industry
Intel cuts over 500 jobs in Oregon as part of layoff plan
The company has not given a total figure for the cuts, but a source familiar with the matter has put the amount at more than a fifth of staff
