workforce-changes
9 stories related to this topic, newest first.
The IndependentStandard Chartered Plans to Cut 7,800 Jobs by 2030 While Increasing AI Use
Standard Chartered announced plans to reduce around 7,800 positions as it expands artificial intelligence across operations. The bank aims to raise return on tangible equity above 15 percent by 2028.
techjuice.pkMeta Mandates Reassignment of More Than 7,000 Employees to New AI Teams
Meta is requiring more than 7,000 employees to move to new teams focused on AI agents and cloud infrastructure. The company previously reassigned at least 1,000 engineers to a data-labelling group last month.
Bank CEOs Detail AI Plans to Limit Head Count Growth
A survey of financial services CEOs found most expect artificial intelligence investments to maintain or increase staffing levels in 2026. Executives at several large banks have described using AI to automate tasks, improve productivity and slow hiring. Some leaders said the tech…
bloombergquint.comWalmart to Relocate or Cut About 1,000 Technology and Product Jobs
Walmart is streamlining its global technology and product teams by relocating or terminating close to 1,000 corporate positions. The retail company notified affected workers of the changes. The moves are part of broader efforts to adjust its organizational structure.
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…
CoinDeskCoinbase Lays Off 14% of Its Workforce
Coinbase announced layoffs affecting 14 percent of its employees, or roughly 660 to 700 people, as the cryptocurrency exchange adapts to artificial intelligence and market volatility. CEO Brian Armstrong cited AI's role in enabling smaller teams to work faster. The move aligns wi…
androidheadlines.comTech Companies Cut Over 50,000 Jobs in Early 2026 While Boosting AI Investments
Major technology companies including Meta, Microsoft, Oracle and Block have announced tens of thousands of job cuts in recent months, with many attributed to artificial intelligence. Investments in AI infrastructure continue to rise, with firms like Meta projecting $145 billion i…
deccanchronicle.comMeta Installs Tracking Software on U.S. Employees' Computers for AI Training
Meta is deploying software to monitor U.S. employees' computer interactions, including mouse movements and keystrokes, to gather data for AI model training. The initiative aims to improve AI agents' ability to perform white-collar tasks. Safeguards are in place to protect sensiti…
spacenews.comNASA Administrator Plans to Convert Thousands of Contractors to Full-Time Staff
NASA's new administrator is converting thousands of contractors to full-time employees. The agency has relied on outsourcing for decades, with 75% of its workforce being contractors. This affects areas including launch operations, mission control, and systems engineering.