The e-commerce platform says it has begun the initial phase of an automation-focused restructuring plan that could continue ...

Cisco will cut nearly 4,000 jobs as it shifts investments toward AI and related growth areas. The company raised its annual revenue forecast after strong demand from hyperscalers helped AI ...

Intuit will cut about 3,000 jobs while shifting focus toward AI agents, operational efficiency, and mid-market business ...

Cisco announced job cuts affecting roughly 4,000 staff, as CEO Chuck Robbins shifts the company's focus to AI investments, buoyed by strong earnings.

When a company announces it is eliminating hundreds of jobs, stock prices do not always go up. At Coinbase Global, they did. The cryptocurrency exchange saw its shares climb more than 4% in premarket ...

Coinbase is cutting 14% of its workforce as it leans into AI and smaller teams. CEO Brian Armstrong says the company is moving away from layers of management, calling it a “new way of working” in a ...

Freightos is cutting its workforce by up to 15 percent as the freight tech company seeks to reach adjusted profitability by year’s end. The firm said in a statement that its restructuring is intended ...

Meta is cutting nearly 1,400 jobs in Washington state as part of a major AI-focused restructuring, with Bellevue, Seattle, ...

The cuts are a response to artificial intelligence triggering a “paradigm shift” in the software industry, said Chief Executive Matthew Prince.

Layoffs are hitting employees in the tech industry again. This time, it’s Webflow, a website-building platform that was once seen as a fast-growing Silicon Vall ...

Novartis will cut 76 jobs at its East Hanover headquarters as the drugmaker continues a global restructuring effort.

Estee Lauder EL1.35%increase; green up pointing triangle Companies boosted its full-year profit outlook and said it will cut more jobs in its restructuring than it initially expected, a move the ...