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Oracle launched another round of layoffs to manage financial pressure from soaring AI infrastructure spending. Expanding its restructuring plan to $2.8 billion, the company maintained its fiscal 2027…
Meta Platforms is accelerating its AI strategy with the rollout of its paid Muse personal assistant and ongoing workforce reductions. Despite a KeyBanc price target trim, minor regulatory usage caps,…
Global tech layoffs surpassed 2025 totals by September, driven by corporate restructuring and budget reallocation toward artificial intelligence. Major firms including Oracle, Amazon, Meta, and Micro…
Uber will cut roughly 10% of its corporate workforce, about 3,300 employees, to streamline management and fund a $10 billion autonomous vehicle expansion. The restructuring comes as Uber faces intens…
Xbox CEO Asha Sharma is overhauling Microsoft's $23 billion gaming business to lift profit margins from 3% to double digits. Her turnaround strategy includes cutting 3,200 jobs, trimming game output,…
Oracle is cutting roughly 3,000 jobs in India, while Microsoft places hundreds of India-based staff on performance improvement plans. Both firms are reallocating capital and headcounts toward high-de…
The article discusses differing views between Jensen Huang and Mark Cuban on AI's impact on radiology jobs. Additionally, it mentions Meta's recent 8,000 job cuts as part of a broader restructuring d…
AI-driven business formation surged 45% since ChatGPT's launch, outpacing overall US growth. Startups boost demand for cloud, chips, and software, benefiting infrastructure providers despite mixed em…
Microsoft imposes a selective hiring freeze amid cost-cutting and heavy AI investments, following slower cloud growth and investor pressure. Meta and Amazon also implement layoffs linked to AI effici…
Amazon expands AI chip sales to strengthen its cloud AI presence while recent layoffs add labor market uncertainty.
U.S. senators have asked major tech firms, including Apple, Amazon, Microsoft and Meta, to justify hiring thousands of H-1B workers while cutting jobs, amid proposed H-1B fee and selection changes an…