Uber is laying off 10% of staff, or 3,300 people
Uber is laying off about 3,300 people, or about 10% of its global headcount, in a bid to reduce management layers and invest more in its ride-sharin…
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AI was supposed to kill engineering jobs, but new data suggests they’re the most resilient
While AI dominates the layoff narrative, engineers are actually making up a larger share of new hires, according to SignalFire data.
Robinhood’s note on 10% layoffs shows blaming AI isn’t cutting it
Unlike many of his tech industry peers who have cut thousands of jobs citing the need to restructure to make the most of AI, Robinhood's CEO Vlad Te…
Coinbase to lay off 14% of staff as part of broader restructuring
The restructuring is aimed at addressing market volatility and increasing the use of AI tools to improve efficiency.