Newsletter Subscribe
Enter your email address below and subscribe to our newsletter

Mark Zuckerberg told Meta employees on Thursday that the company's AI agent development over the last four months has not "accelerated in the way we expected," according to a recording of an internal town hall heard by Reuters.

Microsoft is preparing to cut under 2.5% of its roughly 220,000-person workforce in another round of layoffs expected to be announced as early as next week, according to a Business Insider report published on Monday.

Shares in Volkswagen AG fell nearly 2% on Monday to approach their lowest level since October 2010, after reports emerged that the automaker is preparing to eliminate up to 100,000 jobs and close four German factories in one of the…

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…

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 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…

Nearly every corporate leader surveyed by consulting firm Mercer expects artificial intelligence to eliminate jobs at their companies within two years, according to the firm's 2026 Global Talent Trends report — a finding that underscores growing alarm about AI's reshaping…

Opendoor, the US-based real estate technology company, is winding down its entire India operations, letting go of nearly 250 employees as it relocates roles to the United States under its AI-focused "Opendoor 2.0" strategy.

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 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.