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Tech Layoffs Hit 2-Year High as Companies Embrace AI

Tech Layoffs Hit 2-Year High as Companies Embrace AI
Tech Layoffs Hit 2-Year High as Companies Embrace AI
June 04, 2026  |  Technology

Technology companies in the United States announced 38,242 job cuts in May, an almost two-year high. For the third consecutive month, artificial intelligence was the...

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Uber Cuts 23% of Roles in HR-Focused ‘People’ Division
Uber Cuts 23% of Roles in HR-Focused ‘People’ Division
June 03, 2026  |  Business

Uber is reportedly cutting 23% of its “People” division, continuing a string of tech layoffs. In a memo to employees viewed by CNBC Wednesday (June 3), Uber CEO Dara...

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Meta Targets Business AI Market With Agents That Close Sales
Meta Targets Business AI Market With Agents That Close Sales
June 03, 2026  |  Facebook / Meta

Meta has introduced an artificial intelligence (AI) agent that is designed to help businesses communicate with their customers through the company’s WhatsApp, Messenger and Instagram platforms. The new Meta Business...

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Ramp Courts $150 Billion Accounting Sector With New AI System
Ramp Courts $150 Billion Accounting Sector With New AI System
June 03, 2026  |  Artificial Intelligence

Financial operations platform Ramp has launched an artificial intelligence (AI) system designed for accounting firms. Ramp Stack marks the company’s entry into the $150 billion accounting sector...

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LendingClub Leaves NYSE For Nasdaq to Mark Banking Rebrand
LendingClub Leaves NYSE For Nasdaq to Mark Banking Rebrand
June 03, 2026  |  Banking

LendingClub is moving its stock market listing as it prepares for a banking rebrand. The online-lender-turned-full-service bank announced Tuesday (June 2) that it would switch...

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Mastercard Names New CFO Amid Larger Leadership Reshuffle
Mastercard Names New CFO Amid Larger Leadership Reshuffle
June 02, 2026  |  Personnel

Mastercard has announced several leadership changes, including naming its finance chief to a newly created role. Sachin Mehra, the company’s chief financial officer (CFO), is moving...

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FNBO Accelerates Kansas City Push With Blue Ridge Bank Deal
FNBO Accelerates Kansas City Push With Blue Ridge Bank Deal
June 02, 2026  |  Partnerships

First National of Nebraska, with its subsidiary FNBO (First National Bank of Omaha), plans to expand its presence in Kansas City, Missouri, by acquiring Blue...

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NMI Acquires Fee Navigator for AI Pricing Intelligence
NMI Acquires Fee Navigator for AI Pricing Intelligence
June 02, 2026  |  Partnerships

Embedded payments infrastructure company NMI said it has acquired pricing intelligence provider Fee Navigator. The deal is designed to expand on NMI’s artificial intelligence (AI)...

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