Microsoft is preparing a new wave of cuts affecting its Xbox division, sales force, and consulting arm — with formal notices expected as soon as...
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...
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...
CEO Bill Winters says the UK lender is swapping «lower-value human capital» for financial capital and AI investments, targeting more than 15% of...
CEO Bill Winters said the British bank will replace «lower-value human capital» with technology and investment, as AI absorbs back-office work...
Inter IKEA, the Swedish furniture giant’s parent company, is accelerating cost cuts after two years of falling sales, citing weaker consumer...
