Big Tech has been laying off employees at a pace that would have been unthinkable in 2024. Meta cut 8,000 in May, framing it as a reallocation toward AI. Amazon eliminated 16,000 corporate roles in ...

Monday - Friday, 6:00 - 7:00 PM ET Intuit CEO Sasan Goodarzi said the company’s roughly 17% workforce reduction was aimed at simplifying operations and improving execution, not because of AI. He ...

Dell Technologies continued its belt tightening in Fiscal Year 2026, bringing its total headcount down by 27 percent from Fiscal Year 2023 to Fiscal Year 2026. Dell Technologies continued its ...

PlayStation is slashing the workforce of one of its biggest studios.

BitGo (NYSE: BTGO), a provider of digital asset custody and infrastructure services for institutional clients, has announced a significant restructuring. The digital assets focused company will reduce ...

The Pentagon hastily cut tens of thousands of its civilian workers last year. Its leaders didn't fully analyze the impacts of those reductions then, and according to a new government watchdog report, ...

Credit Acceptance Corporation is undergoing a 6% workforce reduction following a resource allocation review. I view the recent layoffs as a cautionary signal, especially with CACC shares up 23% YTD ...