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Layoffs

Tech

Intuit to lay off over 3,000 employees to refocus on AI | TechCrunch

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Enterprise software giant Intuit is letting go 17% of its staff, or about 3,000 people, as it seeks to divert resources towards baking in...
Business

Meta layoffs starting this week stress harsh AI reality inside Zuckerberg’s company

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Meta CEO Mark Zuckerberg wears the Meta Ray-Ban Display glasses, as he delivers a speech presenting the new line of smart glasses, during the...
Tech

Cisco cuts nearly 4,000 jobs to spend more on AI, reports ‘record quarterly revenue’ | TechCrunch

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Technology giant Cisco is cutting fewer than 4,000 jobs, or around 5% of its workforce, despite reporting better-than-expected profit and revenue in its fiscal...
Tech

GM just laid off hundreds of IT workers to hire those with stronger AI skills | TechCrunch

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General Motors has laid off more than 10% of its IT department, or about 600 salaried employees — in a deliberate skills swap: clearing...
Tech

Laid-off Oracle workers tried to negotiate better severance. Oracle said no.  | TechCrunch

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As was widely reported, Oracle axed an estimated 20,000 to 30,000 people via email on March 31. One of the employees cut that day...
Tech

Cloudflare says AI made 1,100 jobs obsolete, even as revenue hit a record high | TechCrunch

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Cloudflare on Thursday joined a growing list of tech companies — including Meta, Microsoft, and Google — that have reported increased revenue alongside and...
Tech

Truecaller slashes 70 jobs amid declining ad sales | TechCrunch

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Sweden-based caller ID company Truecaller said it will cut 70 jobs, or roughly 15% of its workforce, in the second quarter, as the company...
Business

Cloudflare stock sinks 18% after earnings as company cuts 1,100 employees due to AI changes

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A logo of Cloudflare sits outside the company's house on the opening day of the 55th annual meeting of the World Economic Forum in...
Tech

Coinbase to lay off 14% of staff as part of broader restructuring | TechCrunch

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Crypto exchange Coinbase said on Tuesday it is laying off about 700 employees, or 14% of its staff, as part of a broader restructuring...
Business

Nike cuts 1,400 roles in second round of layoffs this year

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People walk past a Nike store in New York City, on April 2, 2025.Kylie Cooper | ReutersNike announced a new round of layoffs on...
Business

Meta will cut 10% of workforce as company pushes deeper into AI

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Meta CEO Mark Zuckerberg leaves the Federal Courthouse in downtown Los Angeles after defending the company in a landmark social media addiction trial in...
Tech

Meta to cut 10% of jobs, or 8,000 employees, report says | TechCrunch

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Meta is planning to cut 10% of its workforce, amounting to 8,000 employees, according to a report from Bloomberg. Meta also will not hire...
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