Starbucks said Friday it’s laying off 300 corporate employees and closing some U.S. offices as part of its ongoing turnaround ...

Cisco Systems began notifying roughly 4,000 employees on May 14, 2026, that their jobs were eliminated — the same day the San Jose networking giant posted record quarterly revenue of $15.8 billion, a ...

Tech layoffs are rising again in May, with the number of announced job cuts already close to April’s total despite the month ...

Companies like Snap and Block cited AI as a factor in recent layoffs. Coinbase's CEO said on May 5 that the company will cut ...

This is Cisco's latest layoff in recent years, while the company's chief executive touts record revenue and growth.

Cisco unveiled plans to lay off less than 4,000 employees as it shifts resources towards strategic growth opportunities.

GitLab will flatten management, cut its country footprint by 30%, and reorganise R&D into 60 teams. CEO Bill Staples says savings will be reinvested in AI agents.

Ripple CEO Brad Garlinghouse said at Consensus Miami 2026 that he has never been an XRP maximalist and wants Bitcoin and ...

Tech companies, including Meta, are announcing mass layoffs to focus on AI investments, impacting over 73,000 workers this year. The shift reflects growing confidence in AI's capabilities.

Software stocks have, generally, experienced significant declines over the past six months as investors have grown increasingly concerned that artificial intelligence will disrupt traditional software ...

Image: Generated with Google’s Nano Banana 2. Meta is preparing a major round of layoffs that could cut up to 8,000 jobs as the company restructures and leans further into AI-driven operations. A ...