BusinessMedia
Netflix to Cut About 6% of Global Workforce
Netflix will lay off roughly 1,000 employees, about 6% of its global workforce, its largest round of cuts since 2022, ahead of Q3 earnings.
—4 min read
Tag
#Layoffs
11 articles
EconomyLabor
Finding a Job Is Taking Longer After Layoffs
Laid-off U.S. workers face longer job searches as a cooling labor market strains unemployment benefits and household finances nationwide.
—5 min read
TechnologyLaw
Meta Sued for Using AI to Target Workers on Leave in Layoffs
26 Meta employees sue, alleging AI systems disproportionately targeted workers on medical and parental leave for layoffs in the company's May 2026 cuts.
—4 min read
BusinessTechnology
Xiaomi and Meituan Announce Major Job Cuts
Xiaomi and Meituan cut thousands of jobs amid profit declines, price wars, and AI-driven restructuring in China's tech sector.
—5 min read
BusinessTechnology
Xiaomi Cuts Jobs Across Divisions Amid Earnings Pressure
Xiaomi cuts jobs across divisions amid a 56.5% profit plunge, as the Chinese tech giant restructures to cut costs while betting billions on AI.
—4 min read
BusinessTechnology
Meituan Cuts Jobs After Costly Instant-Retail Price War
Meituan lays off fewer than 2,000 employees after a brutal price war in China's instant-retail sector erased billions in profit as it pivots to AI.
—4 min read
TechnologyBusiness
AI Reshapes Corporate Structures, Hollows Out Management
A new report reveals AI is hollowing out middle management globally, with 363 tech layoff events affecting 150,000 workers in 2026.
—5 min read
EconomyLabor
GSK Workers in Belgium Denounce 'Unacceptable' Cuts
Renewed labor tensions at GSK in Belgium as workers denounce reduced severance terms for six employees, calling the situation 'extremely worrying.'
—4 min read
TechnologyBusiness
Meta Lays Off 1,400 Washington Workers in AI Restructuring
Meta cuts nearly 1,400 Washington state jobs as part of an AI-driven restructuring affecting 10% of its global workforce, with more layoffs expected.
—4 min read
TechnologyBusiness
Meta Begins 8,000 Job Cuts in Massive AI Restructuring Push
Meta begins laying off 8,000 workers in an AI-driven restructuring, reassigning 7,000 employees to AI roles with $145B in planned infrastructure spending.
—4 min read
BusinessTechnology
Meta to Lay Off 10% of Workforce in AI-Focused Restructuring
Meta plans to lay off 8,000 employees starting May 20 as it shifts 7,000 workers into AI roles and pours up to $135 billion into AI infrastructure.
—4 min read