Browsing: layoffs

Employees of Austin-based Oracle Corp. might see their jobs cut soon as artificial intelligence spending continues to mount. 

Companies are using AI for different purposes, but each is reconsidering how work should be organized, coordinated, and led

“AI layoffs” have become a familiar phrase at tech companies in the past two years. More and more companies, especially in the software sector, are downsizing workforces, citing the development of AI as the reason. These cuts can sometimes reduce a significant proportion of the company’s employees in a single round of layoffs

This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox

SEATTLE, Wash. —Amazon confirmed a new round of layoffs this week, eliminating an unspecified number of jobs within portions of its artificial general intelligence, or AGI, organization as the Seattle-based technology company continues restructuring its workforce while investing heavily in artificial intelligence

News Amazon layoffs hit employees in the group focusing on Artificial General Intelligence that everyone including Google, Microsoft and OpenAI say is one of their ‘biggest goals’ Amazon layoffs hit employees in the group focusing on Artificial General Intelligence that everyone including Google, Microsoft and OpenAI say is one of their ‘biggest goals’ TOI Tech…

ESPN Monday Night Football Countdown commentator Ryan Clark looks to the cameras during warmups before an NFL football game between the Kansas City Chiefs and the Washington Commanders, Oct. 27, 2025 in Kansas City, Mo. /Reed Hoffmann, File)

Story by Cory Woodroof, For The Win Tue, July 21, 2026 at 2:30 PM UTC·2 min read

News Technology News Tech News While tech layoffs cross 1 lakh in US, Europe’s biggest technology company is offering employees $20,000-plus bonus if they stay until 2030 Trending Sundar Pichai And Tim Cook Fifa 2026 Pat Gelsinger Sarah Friar Europe Wind Turbine While tech layoffs cross 1 lakh in US, Europe’s biggest technology company is…

Two local cybersecurity stalwarts, Rapid7 and Snyk, cut jobs over the past few weeks, as new leadership at both companies retrenches in the face of younger competitors focused on using artificial intelligence