Meta Employees Are Scrambling to Use Up Benefits Ahead of Layoffs
On the eve of about 8,000 jobs being cut, employees are cashing in on headphone stipends and other perks while…
Demis Hassabis Thinks AI Job Cuts Are Dumb
The CEO of Google DeepMind tells WIRED that companies should use the productivity gains of AI to do more, not…
Companies Keep Slashing Employees’ Benefits for the Worst Reasons
Workers are getting worse health care, parental leave, and retirement benefits, showing once and for all that your job doesn’t…
Cisco cuts nearly 4,000 jobs to spend more on AI, reports ‘record quarterly revenue’
Technology giant Cisco is cutting fewer than 4,000 jobs, or around 5% of its workforce, despite reporting better-than-expected profit and…
GM just laid off hundreds of IT workers to hire those with stronger AI skills
General Motors has laid off more than 10% of its IT department, or about 600 salaried employees — in a…
Laid-off Oracle workers tried to negotiate better severance. Oracle said no.
As was widely reported, Oracle axed an estimated 20,000 to 30,000 people via email on March 31. One of the…
Cloudflare says AI made 1,100 jobs obsolete, even as revenue hit a record high
Cloudflare on Thursday joined a growing list of tech companies — including Meta, Microsoft, and Google — that have reported…
Truecaller slashes 70 jobs amid declining ad sales
Sweden-based caller ID company Truecaller said it will cut 70 jobs, or roughly 15% of its workforce, in the second…
Coinbase to lay off 14% of staff as part of broader restructuring
Crypto exchange Coinbase said on Tuesday it is laying off about 700 employees, or 14% of its staff, as part…