corporate layoffs
15 stories related to this topic, newest first.
finance.yahoo.comIntuit Cuts 3,000 Jobs, or 17 Percent of Workforce
Intuit eliminated about 3,000 full-time positions worldwide, representing 17 percent of its workforce. The company said the reductions target management and redundant roles while it focuses on AI development.
androidheadlines.comMeta cuts 8,000 jobs and cancels 6,000 open positions
Meta Platforms Inc. will begin laying off about 8,000 employees this week while canceling plans to fill 6,000 open positions. The moves coincide with a raised 2026 capital expenditure forecast of $125 billion to $145 billion.
Starbucks to Cut 300 U.S. Corporate Jobs and Close Regional Offices
Starbucks announced it will lay off 300 U.S. corporate employees and shutter some regional support offices as part of its ongoing restructuring. The move is the third round of corporate layoffs since the current chief executive took over and does not affect store workers. The com…
New York PostWalmart Reorganizes Technology Teams, Cutting or Relocating About 1,000 Corporate Roles
The retail giant outlined the changes in a memo sent Tuesday by executives Daniel Danker and Suresh Kumar. The moves follow a review of overlapping teams after Danker was hired last year to lead global AI acceleration efforts. Walmart said the restructuring relates to organizatio…
techcentral.co.zaWalmart to Cut or Relocate About 1,000 Corporate Workers
Walmart said it would cut or relocate about 1,000 corporate workers as part of a plan to combine more of its global technology and product teams. The move is intended to improve efficiency across operations. The company has not detailed which specific roles or locations will be a…
pymnts.comWalmart Consolidates Technology and AI Teams, Offering Relocation to About 1,000 Corporate Roles
The big-box retailer is consolidating its technology and AI efforts, resulting in roughly 1,000 corporate positions being cut or relocated. Walmart described the move as an internal reorganization rather than a broad reduction in force. The changes come as the company continues t…
New York PostKevin Hart Steps Back From Media Company During Layoffs and Financial Turmoil
Kevin Hart resumed the CEO role at Hartbeat in January 2025 after executive departures and pledged to stabilize the business. According to a Bloomberg News report, he was absent from the office for weeks or months at a time, changed his phone number and delegated operations while…
theweek.comAI Cited in Most Job Cuts for Second Straight Month as Companies Report Major Productivity Gains
Challenger, Gray & Christmas reported AI was the leading cause of layoffs in April, the second consecutive month it held that position. More than 49,000 job cuts this year have been linked to AI. Companies including Block, Coinbase and Cloudflare cited efficiency gains from the t…
foxnews.comMeta Tracks Employee Computer Activity and Prepares Layoffs as It Shifts to AI
Meta told its U.S. employees last month that it would begin tracking what they type, mouse movements, clicks and screen content on company laptops. The company is pushing many of its 78,000 workers to adopt artificial intelligence tools while preparing to lay some of them off. Em…
pymnts.comAI Agent Obtains IRS EIN and Legally Incorporates, Raising Novel Regulatory Questions
ClawBank's Manfred AI agent secured its own Employer Identification Number, opened an FDIC-insured U.S. bank account and holds a crypto wallet while preparing to trade more than 30 cryptocurrencies. The development was detailed at Consensus 2026 in Miami, where speakers also disc…
techjuice.pk63% of U.S. Job-Seekers Encounter AI Interviews, Up 13% in Six Months
A Greenhouse report shows 63% of U.S. job-seekers have been interviewed by AI, up 13% from six months ago, amid concerns over trust and equity in hiring. Some candidates withdraw due to AI involvement, while separate data highlights growth in AI-skilled jobs and falling jobless c…
Sharebite Data Shows Corporate Meal Orders Doubled on Saturdays and Up 57% After Hours in Q1 2026
Data from corporate meal platform Sharebite shows a surge in weekend and evening orders in the first quarter of 2026, outpacing user growth. This trend aligns with research linking AI adoption to longer work hours among employees. Companies like Atlassian, Block, and Snap cited A…
app.buzzsumo.comSnap Launches AI-Powered Sponsored Snaps Advertising Tool
Snap launched a new advertising tool enabling users to chat with brand AI bots, building on its prior AI integrations. CEO Evan Spiegel highlighted potential societal pushback against AI advancements amid mixed public perceptions. The company reported strong growth in subscribers…
smallbiztrends.comCompanies Reduce Employee Benefits and Plan Staff Cuts
Several major companies are scaling back employee benefits and announcing staff reductions. Deloitte and Zoom are cutting parental leave and other perks, while Meta plans layoffs and Microsoft offers buyouts. These moves reflect a focus on efficiency amid economic pressures.
insidermonkey.comWalt Disney Company Plans Layoffs of Up to 1,000 Employees in Cost-Cutting Phase
The Walt Disney Company is preparing a new round of cost reductions that includes up to 1,000 layoffs, according to a person familiar with the matter. This initiative falls under the leadership of new CEO Josh D'Amaro. The plans reflect ongoing efforts to manage expenses amid bro…