Robots replace humans: Amazon, Meta, TCS, Microsoft announce massive layoffs as AI takes over
The companies that built themselves on human power are now building themselves on intelligent machines. What that means for the workforce is profound.
The companies that built themselves on human power are now building themselves on intelligent machines. What that means for the workforce is profound.
This latest round is reportedly one of the largest in the past ten months, as Disney continues to trim its workforce in a bid to cut costs and streamline its business.
Grindr, the popular queer dating app, has undergone a significant staff reduction, with nearly half of its workforce departing following…
The court order was secured by Sinead McSweeney, who is Twitter's global vice president for public policy, reports The Irish Times. "She claims that by not responding to a generic and vague email sent to all Twitter employees by its owner, multibillionaire Musk, earlier this month, she has been treated as if she is no longer employed by the company," the report said.
According to data from layoffs.fyi, a crowdsourced database of tech layoffs, 1,388 tech companies have fired a total of 233,483 employees since the onset of Covid-19, but 2022 has been the worst for the tech sector.
Alphabet, Google's parent company, is reportedly gearing up to lay off about 10,000 "poor performing" employees, or 6 per cent of its workforce, in the Big tech layoff season kicked off by Meta, Amazon, Twitter, Salesforce, and more amid the rough global conditions.
Online food delivery platform Zomato on Saturday said it is planning to lay off nearly 3 percent of its workforce on account of cost-cutting efforts and to turn profitable
The New York Times reported that key infrastructure teams have been "decimated" at Twitter and Musk sent an email to employees asking them about the details regarding the underlying technology.
Indonesia's biggest Internet company Goto has cut 1,300 jobs, or 12 per cent of its workforce, citing efforts to reduce costs and improve finances.
Leading crypto exchange Coinbase will lay off more employees soon in a fresh round of job cuts, as the world of crypto faces another existential threat after the FTX collapse, the media reported.
