Artificial intelligence (AI) is playing a role in recent tech sector job cuts. Layoffs in the tech industry for the year exceeded 100,000 as of July 12, Seeking Alpha (SA) reported Sunday (July 14), citing data from the tracker Layoffs.fyi. Among the most recent layoffs...
CNN is reportedly cutting about 100 jobs as it prepares its new CNN.com subscription product. That’s according to a Wednesday (July 10) report by The Wall Street Journal (WSJ), which notes the move comes as the company is looking to become less reliant on its TV channel. The...
UiPath, a provider of artificial intelligence (AI)-powered enterprise automation technology, said Tuesday (July 9) that it will lay off 10% of its global workforce as part of a restructuring aimed at managing its operating expenses. The firm employed about 4,200 people worldwide as of July...
Last year was a rough one for the tech industry, which lost 260,000-plus jobs. Halfway into 2024, the sector has already cut 99,672 positions, Seeking Alpha reported Monday (June 24), citing data from the industry tracker Layoffs.fyi. The tech field eliminated 165,269 positions in 2022, the report...
February 13, 2024
The intersection of artificial intelligence (AI) and the future of work is crowded and a bit confusing these days. On one hand, companies like Google and Duolingo have cut staff recently with the implication that AI was the underlying cause. On the other hand, the prevailing wisdom among CEOs and various analysts indicate that AI is not […]
January 12, 2024
From Walmart looking to be a personal shopping concierge to Amazon expanding its Buy with Prime to more platforms and leveraging tech to help consumers manage their healthcare, the two...
March 29, 2023
Tech layoffs are running rampant. With inveterate titans like Meta, Google and Microsoft laying off thousands of workers, many are beginning to wonder whether digital growth and consumers’ appetite for...
July 02, 2020
Many Americans have seen their household incomes become one of COVID-19’s many casualties, as the U.S. unemployment rate has skyrocketed and millions of workers who still have jobs face cuts...
July 15, 2024
Salesforce reportedly cut about 300 jobs in July after eliminating 700 roles earlier this year. The latest cuts are part of the company’s ongoing effort to streamline its operations, Bloomberg reported Monday (July 15), citing an unnamed source. Without specifying the number of layoffs, a Salesforce spokesperson told Bloomberg: “Like any healthy business, we continuously assess whether […]
July 14, 2024
Artificial intelligence (AI) is playing a role in recent tech sector job cuts. Layoffs in the tech industry for the year exceeded 100,000 as of July 12, Seeking Alpha (SA)...
July 10, 2024
CNN is reportedly cutting about 100 jobs as it prepares its new CNN.com subscription product. That’s according to a Wednesday (July 10) report by The Wall Street Journal (WSJ), which notes the move...
July 09, 2024
UiPath, a provider of artificial intelligence (AI)-powered enterprise automation technology, said Tuesday (July 9) that it will lay off 10% of its global workforce as part of a restructuring aimed...
