Cloudflare cuts 20% workforce despite record $639Mn revenue amid rapid AI adoption

Cloudflare is cutting more than 1,100 jobs, about 20% of its total…

Coinbase to lay off 14% workforce amid cost pressures and AI-driven restructuring

Coinbase has announced that it is cutting about 14% of its workforce,…

Oracle lays off over 20,000 employees worldwide as cloud and AI spending rises

Oracle has started laying off over 20,000 employees worldwide, with reports suggesting…

Oracle lays off thousands globally, India alone hit by 12,000 job cuts: Report

Oracle has reportedly started a major round of layoffs, cutting thousands of…

Epic Games lays off over 1,000 employees as Fortnite engagement declines

Epic Games is laying off more than 1,000 employees as it looks…

Meta could lay off up to 16,000 employees amid rising AI spending

Meta is reportedly preparing to cut almost 16,000 jobs worldwide, marking the…

Oracle could cut up to 30,000 jobs despite $50Bn fundraise amid AI data centre push

Oracle is reportedly considering cutting 20,000 to 30,000 jobs worldwide as it…

Ola Electric to cut 5% jobs as profitability remains elusive

Troubled Indian electric two wheeler maker Ola Electric, is now scaling back…

Amazon could cut 16,000 corporate jobs globally as restructure continues

With Amazon facing continued pressure from growth that has steadily slowed, along…

Meta to shut down ‘Horizon Workrooms’ on Feb 16 as part of winding down its Reality Labs efforts

The experiment with VR offices is officially winding down at Meta. The…