Browsing: layoffs
On November 7, 2023, my career ended. Not with a dramatic firing, not with a bitter exit, but with an…
For years, companies have been flattening their organizations and cutting down middle management. Weeks after slashing his staff by 40%,…
You’re probably sick of reading about artificial intelligence (AI), maybe, especially from this byline. But amid all the discussion, hype,…
Hiring just hit a level not seen since the economy was shut down during COVID, top economist says
The Bureau of Labor Statistics reported Tuesday the hiring rate fell to 3.1% in February, with just 4.8 million hires,…
Mark Zuckerberg has cut 25,000 jobs at Meta since 2022. Here’s what that says about his leadership
When Meta’s CEO announced the company’s first round of 11,000 layoffs in 2022, a red-eyed Mark Zuckerberg was conciliatory: “It…
Nvidia CEO Jensen Huang doesn’t foresee a sudden spike of AI-related layoffs, but that doesn’t mean the technology won’t drastically…
Mark Zuckerberg’s Meta fulfills Jack Dorsey’s dire prophecy with plans to cut 20% of staff for AI
When Bernstein analyst Mark Shmulik sent a note to clients about Meta’s reported plans to cut 20% or more of…
Individual income taxes accounted for more than half of the total revenue collected by the U.S. government in 2025. At…
Amazon puts humans back in the loop as its retail website crashes from ‘inaccurate advice’ that an AI agent took from an old wiki
Amazon repurposed its regular weekly retail technology meeting Tuesday to figure out why its retail website keeps breaking. The answer,…
Sam Altman admits AI is killing the labor-capital balance—and says nobody knows what to do about it
Speaking at the BlackRock Infrastructure Summit, OpenAI CEO Sam Altman tackled the growing public skepticism surrounding artificial intelligence, acknowledging the…











