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Browsing Tag

job cuts

21 posts
EElon Musk
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Mark Zuckerberg praises Elon Musk for sacking 6,000 Twitter employees, here is why

  • 2026-07-21
Three years after Elon Musk slashed thousands of jobs at Twitter, a previously overlooked conversation featuring Meta CEO…
SSam Altman
AI blamed for 21,000 layoffs at tech giant
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AI blamed for 21,000 layoffs at tech giant

  • 2026-06-24
Although it wasn’t until early 2023 that AI in general would become part of the global conversation, the…
LLarry Fink
BlackRock, asset-management firm
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BlackRock lays off 200 in latest round of cuts

  • 2026-06-17
BlackRock, the global asset manager, is cutting about 200 jobs, equal to just under 1 per cent of…
MMark Zuckerberg
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After 8,000 layoffs, Mark Zuckerberg admits Meta made mistakes in AI restructuring

  • 2026-06-13
Meta laid off around 8,000 employees and reassigned thousands more earlier this year as part of a major…
JJensen Huang
'Just too lazy': Nvidia's Jensen Huang slams CEOs for blaming job losses on AI, World News
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‘Just too lazy’: Nvidia’s Jensen Huang slams CEOs for blaming job losses on AI, World News

  • 2026-05-26
Linking job cuts to artificial intelligence (AI) is not just a “lazy” move, but also one that does…
MMark Zuckerberg
Meta cuts 8000 jobs as Zuckerberg pivots company to AI focus
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Meta cuts 8000 jobs as Zuckerberg pivots company to AI focus

  • 2026-05-25
The email arrived as he slept, at 4am, so it was waiting for him when he woke up.…
JJamie Dimon
Jamie Dimon caution echoes a recent alert from the Bank of England’s Financial Policy Committee (FPC) on Wednesday, which highlighted stretched valuations in AI-focused tech companies.
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‘It will reduce jobs’ – Jamie Dimon sounds off on AI’s impact on banks

  • 2026-05-22
Thursday 21 May 2026 2:44 pm Jamie Dimon has weighed in on chatter around AI integration in banks.…
MMark Zuckerberg
Meta's Workforce Overhaul and AI Push: 3 Key Takeaways for Investors | Barrons Roundtable - News and Statistics
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Meta’s Workforce Overhaul and AI Push: 3 Key Takeaways for Investors | Barrons Roundtable – News and Statistics

  • 2026-05-19
May 19, 2026 During a Barrons Roundtable session, panelists highlighted three critical points for investors to consider. The…
MMark Zuckerberg
Meta Employees Report Falling Morale Ahead Of Layoffs
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Meta Employees Report Falling Morale Ahead Of Layoffs

  • 2026-05-16
Employee morale at Meta has reportedly deteriorated sharply ahead of a fresh round of layoffs expected to take…
MMark Zuckerberg
Oracle severance package
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Meta Severance Revealed: US Staff To Get 16 Weeks Base Pay Amid 8,000 Job Cuts

  • 2026-05-12
Meta will begin cutting about 8,000 jobs worldwide from 20 May, with US staff offered at least 16…
MMark Zuckerberg
Mark Zuckerberg
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Mark Zuckerberg Claims One AI Worker Now Replaces Dozens as 8,000 Layoffs Loom

  • 2026-05-10
Mark Zuckerberg told staff on Meta’s latest earnings call that the company plans to cut around 8,000 jobs…
MMark Zuckerberg
Jake Hall
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Mark Zuckerberg Claims One AI Worker Now Replaces Dozens as 8,000 Layoffs Loom

  • 2026-05-10
Mark Zuckerberg told staff on Meta’s latest earnings call that the company plans to cut around 8,000 jobs…
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