Big Tech Stocks
Microsoft offers voluntary buyouts to 60,000 staff as AI costs climb
The offer covers 27% of the group’s 223,000 employees, in the UK, the US, Canada and India.
Layoffs
AI & LLMs
Bezos surprises everyone: after Amazon’s layoffs, he predicts a labor shortage
Amazon cut 16,000 jobs and pointed to artificial intelligence as one of the main causes, yet its founder argues AI will end up creating more demand...
Big Tech Stocks
Microsoft announces mass layoffs: up to 5,500 jobs at risk across Xbox, sales, and consulting
Microsoft is preparing a new wave of cuts affecting its Xbox division, sales force, and consulting arm — with formal notices expected as soon as...
Big Tech Stocks
Zuckerberg’s strange offer to the Meta employees who survived 8,000 layoffs
Mark Zuckerberg tried to lift the morale of the staff still at Meta after 8,000 job cuts with a hackathon and assigned desks, but the gesture...
Big Tech Stocks
Oracle cuts 13% of its workforce: 21,000 jobs gone as AI reshapes the company
Oracle closed fiscal 2026 with 141,000 employees, below 150,000 for the first time in four years, as artificial intelligence and a massive cloud...
Career & Salary
Standard Chartered to cut more than 7,800 jobs as AI replaces back-office roles
CEO Bill Winters says the UK lender is swapping «lower-value human capital» for financial capital and AI investments, targeting more than 15% of...
Banking & Credit
Standard Chartered to cut more than 7,800 jobs by 2030 as CEO bets on AI over ’lower-value human capital’
CEO Bill Winters said the British bank will replace «lower-value human capital» with technology and investment, as AI absorbs back-office work...
Career & Salary
IKEA cuts 850 jobs as demand weakens under the weight of US tariffs and the Iran conflict
Inter IKEA, the Swedish furniture giant’s parent company, is accelerating cost cuts after two years of falling sales, citing weaker consumer...
