layoffs

BAT to cut 5,500 jobs in AI-driven restructuring

British American Tobacco announced on Monday that it will eliminate 5,500 jobs and transfer an additional 3,500 roles to third-party firms including Accenture, affecting roughly 9,000 employees — about 20% of its non-U.S. workforce — as it accelerates an AI-powered…

VW CEO plans to cut 100,000 jobs worldwide, report says

Volkswagen CEO Oliver Blume is planning to eliminate up to 100,000 jobs worldwide over the coming years, according to a report by Manager Magazin published on Wednesday, marking a dramatic escalation of the German automaker's already sweeping restructuring campaign.

Meta targets 90% AI replacement of human moderators

Meta is rapidly replacing human content moderators with large language models across its platforms, with AI systems already handling roughly half of all human review requests in 2026 and the company aiming to push past 90% for certain content types…

Pace Gallery drops 50 artists, lays off 50 staff

Pace Gallery, one of the art world's most prominent institutions, announced Thursday that it is cutting approximately 50 artists from its roster and laying off around 50 staff members in what CEO Marc Glimcher called a rejection of the mega-gallery…

Amazon confirms Lord of the Rings MMO is canceled

Amazon Amazon.com, Inc. Games has officially confirmed the cancellation of its long-troubled Lord of the Rings massively multiplayer online game, while leaving the door open for a different kind of experience set in J.R.R. Tolkien's universe.

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