Layoffs

Chime Cuts 10% of Workforce in AI Pivot

Chime Cuts 10% of Workforce in AI Pivot
Chime Cuts 10% of Workforce in AI Pivot
July 31, 2026  |  Banking

Chime Financial plans to lay off about 150 people, or 10% of its workforce, Bloomberg reported Friday (July 31), citing a memo to employees from...

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Visa Cuts 2,600 Tech Jobs to Fund Stablecoin and B2B Growth
Visa Cuts 2,600 Tech Jobs to Fund Stablecoin and B2B Growth
July 28, 2026  |  VISA

Visa is cutting about 2,600 jobs, or 7% of its workforce, primarily from its technology and product teams, Bloomberg reported Tuesday (July 28), citing a...

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Tech Titans Slash 140K Jobs as AI Spending Soars
Tech Titans Slash 140K Jobs as AI Spending Soars
July 26, 2026  |  Big Tech

American tech companies have cut close to 140,000 jobs this year amid record artificial intelligence spending. Get the Full Story Complete the form to unlock...

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Amazon Trims AGI Team to Focus on Core Initiatives
Amazon Trims AGI Team to Focus on Core Initiatives
July 22, 2026  |  Amazon

Amazon has cut jobs in its artificial general intelligence (AGI) group, Reuters reported Wednesday (July 22). Get the Full Story Complete the form to unlock...

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Microsoft’s New Security Chief Replaces Top Execs to Force an AI Overhaul
Microsoft’s New Security Chief Replaces Top Execs to Force an AI Overhaul
July 15, 2026  |  Cybersecurity

Microsoft’s cybersecurity business is developing more artificial intelligence (AI) security products, cutting back on some of its more traditional security products, and consolidating engineering teams,...

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Microsoft Cuts 4,800 Jobs as Xbox Unit Undergoes Major Restructuring
Microsoft Cuts 4,800 Jobs as Xbox Unit Undergoes Major Restructuring
July 06, 2026  |  Personnel

Microsoft is eliminating 4,800 positions, representing approximately 2.1% of its global workforce, as the software giant navigates a broader shift toward artificial intelligence (AI) and...

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Starling Bank Cuts 130 Jobs Amid AI Adoption and Restructuring
Starling Bank Cuts 130 Jobs Amid AI Adoption and Restructuring
July 03, 2026  |  Banking

Starling Bank plans to cut about 130 jobs as it automates roles and restructures its banking and technology operations to eliminate duplicate roles, the Financial...

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AI Effect Showing Up in US Employment Numbers
AI Effect Showing Up in US Employment Numbers
July 01, 2026  |  Artificial Intelligence

The impact of AI has reportedly begun to show up in U.S. government employment data. Get the Full Story Complete the form to unlock this...

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