Topic
tech industry trends
2 stories related to this topic, newest first.
Forbesfinance47 days ago
Coinbase Cuts 14% of Workforce
Coinbase announced layoffs affecting about 14% of its workforce, or just under 700 employees, as part of a broader reorganization. The move aims to flatten the company's leadership structure and integrate AI tools more deeply. CEO Brian Armstrong stated the changes address crypto…
FO
ibtimes.co.ukai78 days ago
Oracle Announces Layoffs Amid AI Investment Pressures in Tech Sector
Oracle has initiated layoffs affecting several hundred employees as part of cost-cutting measures tied to increased spending on artificial intelligence. The move reflects broader trends in the technology industry where companies are reallocating resources to AI development. This…