“The anxiety is well-founded. More and more companies are directly citing AI in announcing job cuts”
SAN FRANCISCO – AI industry insiders want workers to...
WASHINGTON, DC – The Washington Post said Saturday (Sunday, Manila time) its CEO and publisher Will Lewis was leaving effective immediately, just days after...
FRANKFURT, Germany—Volkswagen is considering closing several plants in Germany and slashing salaries by 10 percent as the ailing auto giant pursues a drastic cost-cutting...
Tech consultancy Accenture announced Thursday (Friday in Manila) it will be cutting around 19,000 jobs, or 2.5 percent of its workforce, spread over the...
WASHINGTON, United States—Facebook owner Meta announced a fresh wave of job cuts on Tuesday, part of what CEO Mark Zuckerberg called the company’s “year...
SAN FRANCISCO, United States—Reports of more layoffs at Twitter landed on Monday as owner Elon Musk waded into a racism controversy that risked pushing...
SAN FRANCISCO, United States —Global consulting giant McKinsey plans to let go 2,000 of its employees, Bloomberg News reported Tuesday.
The round of layoffs would...
SAN FRANCISCO, United States—The company behind the Zoom video conferencing platform—which became a household name during the pandemic—announced Tuesday it is laying off about...
WASHINGTON—American computer firm Dell said Monday that it will lay off some five percent of its global workforce, or around 6,650 employees, the latest...
THE HAGUE, Netherlands—Embattled Dutch medical tech maker Philips said on Monday it will slash 6,000 more jobs worldwide after fresh losses caused by a...
Google’s parent company Alphabet announced it will cut about 12,000 jobs globally, citing a changing economic reality as it became the latest US tech...
