Monday.com, the Tel Aviv-based work management software company known for its colorful, customizable project-tracking boards, this week became the latest tech company to cite AI as a factor in job cuts. On Wednesday, the company said in an SEC filing that it will lay off about 20% of its workforce, or just over 600 employees,…
Oracle disclosed Monday that it has reduced its workforce by 21,000 employees over the past 12 months, a decline of 13%, which means more cuts than was previously known, including jobs eliminated because of AI. “The adoption and deployment of AI technologies across our operations have resulted, and may continue to result, in reductions to…
For many chief executives, success in adopting artificial intelligence is measured by the number of jobs they can eliminate. In just the past few weeks, companies have announced tens of thousands of layoffs they attributed to A.I., a wave that one global bank boss undiplomatically described as replacing “lower-value human capital” with technology. But such…
A union that represents ticket sellers at the John F. Kennedy Center for the Performing Arts challenged recent layoffs of about two dozen of its members by filing a complaint Monday with the National Labor Relations Board that accused the center of unfair labor practices. The International Alliance of Theatrical Stage Employees, which represents the…
People walk past a Nike store in New York City, on April 2, 2025. Kylie Cooper | Reuters Nike announced a new round of layoffs Thursday affecting approximately 1,400 employees across the organization, mostly concentrated in its technology department. In a note from COO Venkatesh Alagirisamy, the company said the layoffs were part of Nike’s…
Big quote: As Frank Herbert writes in Dune, “Once men turned their thinking over to machines in the hope that this would set them free. But that only permitted other men with machines to enslave them.” We’ve now entered the second half of the year, and tech-related layoffs have already skyrocketed past the 100,000 mark….
Microsoft was rocked by more than 9,000 job cuts this week. A significant number have come from its gaming division, resulting in the closure of multiple game studios and the cancellation of numerous in-development projects at Xbox and its contracted studios. We’ve already learned that Microsoft has closed the studio that was developing the much-anticipated…
The tech layoff wave is still kicking in 2025. Last year saw more than 150,000 job cuts across 549 companies, according to independent layoffs tracker Layoffs.fyi. So far this year, more than 22,000 workers have been the victim of reductions across the tech industry, with a staggering 16,084 cuts taking place in February alone. We’re…
