Tag: workforce reduction

Altcoins

Alibaba Workforce Shrinks 34% in 2025 Amid AI Push

Alibaba just cut over a third of its entire workforce in 2025 while betting everything on artificial intelligence. Profits tanked...

21/03/2026

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Market News

Crypto.com Cuts 12% Workforce Amid AI Shift

Crypto.com just slashed 12% of its workforce, blaming roles that can't keep up with AI. Is this the start of...

21/03/2026

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Why Analysts Are Bullish on Meta After Layoffs Report

Reports suggest Meta may cut 20% of its workforce to fuel AI ambitions. Wall Street responds with higher price targets...

16/03/2026

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Jack Dorsey’s Block Layoffs: AI Jobs Crisis Beginning?

When a major tech CEO slashes almost half his company and points straight to AI as the reason, it raises...

27/02/2026

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Block’s AI Layoffs: Wake-Up Call on Jobs

Block just slashed nearly half its 10,000-strong team because AI lets smaller groups do more. The CEO warns most companies...

27/02/2026

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Block Cuts Nearly Half Its Workforce in Bold AI Shift

When a leading payments company slashes its workforce by nearly half overnight, citing AI as the game-changer, it raises big...

27/02/2026

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Market News

Heineken to Cut Up to 6000 Jobs Amid AI Push

Heineken just revealed plans to slash up to 6000 jobs, blaming weak beer sales and turning to AI for big...

11/02/2026

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Market News

Block Inc Plans Up to 10% Staff Cuts in Efficiency Drive

Jack Dorsey's Block is reportedly gearing up for significant staff reductions—potentially impacting around 1,000 employees—as the company pushes for greater...

09/02/2026

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US Jobless Claims Surge as AI Drives Record January Layoffs

Initial jobless claims spiked unexpectedly and January saw the most layoffs since 2009, with AI increasingly cited as a key...

05/02/2026

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Market News

Tesla Berlin Gigafactory Cuts 1700 Jobs Amid Industry Shifts

Tesla just cut 1,700 jobs at its Berlin Gigafactory, dropping the workforce by 14% in a single year. Is this...

29/01/2026

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