Data-labeling startup Scale AI is laying off 200 employees, roughly 14% of its staff, and cutting ties with 500 of its global contractors, Bloomberg reported on Wednesday. The cuts come just a month after Meta hired Scale AI’s CEO in a $14.3 billion deal. In a memo obtained by Bloomberg, interim CEO Jason Droege told […]
Scale AI lays off 14% of staff, largely in data-labeling business Read More »
The tech layoff wave is still kicking in 2025. Last year saw more than 150,000 job cuts across 549 companies, according to independent layoffs tracker Layoffs.fyi. So far this year, more than 22,000 workers have been the victim of reductions across the tech industry, with a staggering 16,084 cuts taking place in February alone. We’re
A comprehensive list of 2025 tech layoffs Read More »
The tech layoff wave is still kicking in 2025. Last year saw more than 150,000 job cuts across 549 companies, according to independent layoffs tracker Layoffs.fyi. So far this year, more than 22,000 workers have been the victim of reductions across the tech industry, with a staggering 16,084 cuts taking place in February alone. We’re
A comprehensive list of 2025 tech layoffs Read More »
Recruit Holdings, the Japanese parent of Indeed and Glassdoor, said on Friday that it is laying off about 1,300 employees, or 6% of the staff, at the two job sites. The job cuts would affect functions mostly in the U.S. across the two companies’ R&D, tech, and HR and sustainability divisions, Reuters reported, citing an
Indeed, Glassdoor to lay off 1,300 staff Read More »
Microsoft’s chief commercial officer Judson Althoff said during a presentation this week that AI tools are boosting productivity across sales, customer service, and software engineering, Bloomberg reports. Althoff noted AI has been so useful that Microsoft was able to save more than $500 million last year in its call center alone. The internal remarks come
Microsoft shares $500M in AI savings internally days after cutting 9,000 jobs Read More »
Despite all of the ads you’re getting for collagen supplements and electric scrub brushes, TikTok Shop US is apparently not doing so hot. Per a report from Bloomberg, TikTok has conducted its third round of layoffs for this team since April, but has not disclosed how many jobs were impacted. TikTok Shop US, the company’s
TikTok lays off more employees working on TikTok Shop US Read More »
Microsoft is planning to lay off 9,000 employees, impacting less than 4% of its global workforce, according to a report by CNBC. Microsoft continues to beat expectations in its quarterly earnings; in its most recent report, the company grew its net income by 18% year over year, amounting to a total of $25.8 billion. However,
Microsoft will lay off 9,000 employees, or less than 4% of the company Read More »
The tech layoff wave is still kicking in 2025. Last year saw more than 150,000 job cuts across 549 companies, according to independent layoffs tracker Layoffs.fyi. So far this year, more than 22,000 workers have been the victim of reductions across the tech industry, with a staggering 16,084 cuts taking place in February alone. We’re
A comprehensive list of 2025 tech layoffs Read More »
Dating app Bumble announced on Wednesday that it’s laying off 30% of its workforce, impacting around 240 positions. The company said in a securities filing that the cuts are part of its plans to realign its “operating structure to optimize execution on its strategic priorities.” Bumble anticipates saving $40 million per year as a result
Bumble to lay off 30% of its workforce Read More »
African B2B e-commerce startup Sabi has laid off around 20% of its workforce (~50 employees) as it pivots from its original retail-focused platform to double down on a growing business in commodity exports. The layoffs, confirmed by the company on Thursday, are part of a broader restructuring aimed at aligning resources with what it describes
