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AI Responsible for 4.8% of US Job Cuts in May: Report
In total, US-based employers laid off 80,089 employees in May 2023, around 3,900 of which were due to AI.
June 02, 2023
Tech Layoffs Continue as Amazon Plans to Eliminate 9,000 Positions
Amazon said it will lay off 9,000 employees in the coming period, just a few months after trimming 18,000 positions.
March 20, 2023
Tech Leads US Layoffs with 21,387 Workers Sacked in February
Tech industry accounted for 28% of all layoffs in February, cutting 21,387 jobs in the shortest month of the year.
March 09, 2023
Meta Up 1.5% in Premarket Amid Reports of More Downsizing
Meta shares are up over 53% YTD as the company's push to restore profitability at any cost pays out.
March 07, 2023
PayPal to Cut Its Workforce By 7% Firing 2,000 Employees
PayPal’s CEO said that the layoffs are a part of an ongoing effort to “strengthen” and “reshape” in a “challenging macro-economic environment”.
January 31, 2023More from The Tokenist / tech layoffs
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