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Friday, January 16, 2026

Tag: job cuts

Meta Cuts 1,000+ Jobs in Reality Labs as Focus Shifts to AI

Meta is laying off over 1,000 employees from its metaverse division to redirect resources toward artificial intelligence and AI-powered wearables.

Meta Plans 1,500 Job Cuts in Reality Labs as Focus Shifts to AI

Meta is cutting 10% of its metaverse division staff while launching a massive AI compute initiative, signalling a major strategic pivot.

HP to Cut Up to 6,000 Jobs in AI-Driven Restructuring Plan

HP announces major workforce reduction targeting $1 billion in annual savings through AI automation, while facing rising chip costs and strong AI PC demand.

Major Layoffs Continue Across Industries Amid Economic Pressures

Companies including Amazon, Microsoft, and GM are cutting thousands of jobs due to restructuring, AI investments, and economic uncertainty. See which sectors are affected.

Hospitality Industry Warns of Job Cuts and Price Rises in Budget

UK pubs and restaurants threaten staff reductions and higher prices unless Chancellor provides tax relief in upcoming Budget announcement.

Verizon CEO Plans Massive Shake-Up: 15,000 Jobs Cut, 180 Stores Franchised

Verizon announces major restructuring with 15,000 layoffs and store franchise conversions as new CEO Dan Schulman implements aggressive turnaround strategy.

Meta Uses AI for Performance Reviews After Laying Off 600 Employees

Meta encourages staff to use its Metamate AI chatbot for performance reviews shortly after major job cuts in its AI division, sparking internal debate.

Novo Nordisk Q3 Profit Falls 27%, Cuts 9,000 Jobs Amid Restructuring

Ozempic maker Novo Nordisk reports declining profits, job cuts and lowered outlook amid increasing competition in obesity drug market.

Amazon Employees Get 3 AM Layoff Texts: Check Email Before Office

Amazon employees share experiences of receiving layoff notifications via 3 AM text messages, causing panic and system access issues during latest job cuts.

Amazon Layoffs: Entire Teams Fired in Seconds, Reports Claim

Social media reports claim Amazon laid off entire teams, including managers, within seconds as part of a major shift towards AI and automation.

Amazon May Cut 30,000 Jobs in Largest Layoff in Company History

Amazon plans to eliminate 30,000 corporate positions this week, marking its biggest workforce reduction ever and affecting nearly 10% of corporate employees.

Amazon Automation Could Replace 1,60,000 Warehouse Jobs by 2027

Internal documents reveal Amazon's ambitious automation plans that may eliminate over 6,00,000 hiring needs by 2033 while saving billions in operational costs.