Tag: workforce reduction

Global Companies

Oracle Cuts 21000 Jobs as AI Push Intensifies Credit Risks

Oracle just eliminated 21,000 roles as it pours billions into AI buildouts, with credit risk measures hitting levels not seen...

23/06/2026

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Market News

Lucid Cuts US Workforce by 18 Percent as EV Market Faces Headwinds

Lucid just announced it’s letting go of roughly 18% of its American workforce while also saying goodbye to its COO....

23/06/2026

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Market News

Robinhood Layoffs 290 Jobs: Inside the Broker’s Big Restructuring

Robinhood just announced it's letting go of 290 employees as part of a major push to streamline operations. Coming from...

16/06/2026

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Market News

Wix Stock Tumbles on 20% Workforce Cut and Growth Warning

Wix just slashed 20% of its workforce and issued a sobering warning about slowing growth. While cost cuts aim to...

08/06/2026

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Market News

Intuit CEO Explains Major Workforce Cuts Not Linked to AI

Intuit just cut 17% of its workforce, but the CEO insists AI had nothing to do with it. What really...

21/05/2026

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Market News

Intuit Slashes 17% of Workforce in Major Restructuring

Intuit just dropped a bombshell with massive job cuts and softer-than-expected results. As the company behind TurboTax and QuickBooks tries...

20/05/2026

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Market News

Meta Layoffs 2026: Zuckerberg’s Bold AI Shift Reshapes Tech Workforce

As Meta kicks off another round of significant job cuts this week, the contrast between soaring AI ambitions and shrinking...

18/05/2026

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Market News

Cloudflare Stock Drops Sharply After Earnings and AI Workforce Cuts

Cloudflare just reported solid earnings but shocked everyone by slashing over 20% of its workforce because of AI changes. Shares...

11/05/2026

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Market News

Snap Stock Surges on Activist Push for Major Overhaul

Shares of the popular social platform jumped sharply today after an activist fund outlined a radical plan that could multiply...

31/03/2026

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Crypto

Crypto Layoffs 2026: Macro Downturn or AI Revolution?

2026 has brought a fresh wave of layoffs across major crypto firms, with some blaming tough markets and others pointing...

22/03/2026

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