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Companies such as Dropbox, Google, and IBM have previously announced job cuts related to AI. Tech jobs in big data, fintech, and AI are meanwhile expected to double by 2030, according to the WEF.
Microsoft to layoff 1,900 workers. Microsoft announced plans to lay off 1,900 employees at Activision Blizzard and Xbox on Jan. 25.. The layoffs represent about an 8% cut of its video gaming staff ...
In all, more than 1,000 tech companies announced cuts of almost 160,000 jobs last year, according to the tracking website Layoffs.fyi. And nearly 100,000 more jobs already have been tagged this year.
In August 2023, Express announced that they would be laying off 150 workers in effort to achieve $150 million in annualized expense reductions by the end of 2025. [10] On October 24, 2023, Express warned that it may have to file for Chapter 11 bankruptcy protection as it has been hit hard from the COVID-19 pandemic, stating store sales have been declining for years and rising costs putting the ...
There have been rumors swirling that the layoffs could reach 20,000 and now it appears they were on the mark. An additional wave of layoffs was announced Jan. 4, bringing the total number of ...
Healthcare insurance company, Humana, announced "limited" layoffs last week, Humana spokesperson Mark Taylor confirmed to the Courier Journal. Humana to have 'limited' layoffs. Here's what we know
Big Tech companies have announced tens of thousands of layoffs in recent weeks amid stock losses, jumbo interest rate hikes implemented by the Federal Reserve and consumers’ pivot away from ...
Hasbro is slashing nearly 20% of its workforce amid an ongoing slump in toy sales. Hasbro CEO Chris Cocks announced layoffs for 1,100 workers in a Monday memo to employees, cuts which come in ...