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Whether AI is already replacing jobs is the subject of fierce debate. Tech layoffs hit their highest single month total in years in May, and AI was the most-cited reason, according to outplacement firm Challenger, Gray & Christmas. Software engineering, in theory, is the professional field most vulnerable to automation, given the rapid adoption of AI-powered coding…
Oracle disclosed Monday that it has reduced its workforce by 21,000 employees over the past 12 months, a decline of 13%, which means more cuts than was previously known, including jobs eliminated because of AI. “The adoption and deployment of AI technologies across our operations have resulted, and may continue to result, in reductions to…
General Motors has laid off more than 10% of its IT department, or about 600 salaried employees — in a deliberate skills swap: clearing out workers whose expertise no longer fits and making room for some with AI-focused backgrounds. GM confirmed to TechCrunch that it had conducted layoffs; they were first reported by Bloomberg News….
As was widely reported, Oracle axed an estimated 20,000 to 30,000 people via email on March 31. One of the employees cut that day told TechCrunch about the experience: “I had, like, this weird feeling in my stomach. I went to go sign into the VPN, and the VPN was like, ‘this user doesn’t exist…
Sweden-based caller ID company Truecaller said it will cut 70 jobs, or roughly 15% of its workforce, in the second quarter, as the company posted its Q1 2026 results with a decline in revenue and profits. Truecaller blamed real-money gaming in India, changes in advertising partner algorithms, and conflict in the Middle East for the…
Redwood Materials chief operating officer Chris Lister is leaving the battery recycling company to retire, TechCrunch has learned — and he’s not the only executive that recently departed. Lister, a former vice president who led operations at Tesla’s Nevada Gigafactory, has been with Redwood since late 2023. He started as the company’s chief supply chain…
In 2021, Anjuna Security was growing fast, hiring aggressively, and chasing a market that seemed limitless. By the end of that year, the venture-backed cybersecurity company had scaled to around 75 employees, building out sales, customer success, and support teams in anticipation of continued hypergrowth. Then 2022 hit. As the market turned, enterprise clients became…
If you need a cathartic release from the news that Amazon laid off 16,000 workers, Block chopped nearly half its workforce, Atlassian pared back 10% of staffers, and Meta is reportedly considering another massive round of layoffs, all in the name of AI, then we invite you to browse the responses to a recent Sam…
Digg — Kevin Rose’s reboot of his once-popular link-sharing site — is laying off a sizable portion of its staff, the company announced on Friday. The startup is not closing, however, Digg CEO Justin Mezzell said. Instead, Rose will return to work on Digg full-time as the company tries to find its footing. Rose will…
Jack Dorsey has long been an open admirer of Elon Musk. Now, it seems, he may have been taking notes. On Thursday, Dorsey announced that Block, the payments company he founded that operates Square, Cash App, and Tidal, is cutting more than 4,000 employees, nearly half its global workforce, taking it from over 10,000 workers…