Layoffs

Cybersecurity firm Deepwatch lays off dozens, citing move to “accelerate” AI investment

Deepwatch, a cybersecurity firm that makes an AI-powered detection and response platform, laid off dozens of employees on Wednesday, citing AI as one of the reasons. John DiLullo, CEO at Deepwatch told TechCrunch in an email that the company “is aligning our organization to accelerate our significant investments in AI and automation.” A current Deepwatch

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Amazon reportedly plans to cut around 30,000 corporate jobs

Amazon could be implementing the largest job reduction at the company since 2023.  As reported by Reuters on Monday, people familiar with the matter said that up to 30,000 corporate positions may be eliminated starting Tuesday. The job cuts are expected to affect various sectors, including human resources, devices and services, and operations, and others.

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Rivian makes its second small workforce cut of the year ahead of R2 SUV launch

Rivian is laying off around 150 workers — its second small staff cut in a matter of months — as the company readies itself for the all-important launch of its more-affordable R2 SUV next year. The company confirmed to TechCrunch that the new cuts were mostly to its “commercial” team, which deals with sales and

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