Layoffs have hit over 30 companies in 2026, including Meta, Walmart, and Standard Chartered, as AI and economic conditions reshape the business landscape.

"We are scaling practical uses of automation ..."

LONDON — Standard Chartered has become the latest company to announce job cuts as it seeks to replace 'lower-value human capital' with technology. The...

Meta begins significant global layoffs, cutting thousands of jobs as it prioritises substantial investment in artificial intelligence. Read more at straitstimes.com. Read more at…

Tech giants intensify workforce overhaul amid AI push; LinkedIn lays off over 600 as Microsoft offers buyouts to thousands

The social media behemoth, which had nearly 80,000 employees in March, plans to spend over $100 billion on AI infrastructure this year.

According to the company, the layoffs are a part of a restructuring aimed at improving efficiency and reducing costs while investing heavily in AI. | World News

Notifications went out Wednesday morning starting in Asia, with U.S. employees expected to hear during their morning

Meta cuts 8,000 jobs in its latest layoff round, bringing total cuts past 30,000 since 2022, as the company redirects up to $145B toward AI infrastructure.

Meta Begins Laying Off Thousands of Employees as It Transforms Around AI

Silicon Valley biggies have announced widespread layoffs primarily driven by the AI wave that is sweeping across the tech world as it gears up for the challenge

Layoffs have hit over 30 companies in 2026, including Meta, Walmart, and Standard Chartered, as AI and economic conditions reshape the business landscape.

Meta is laying off thousands of employees, impacting nearly 20% of its workforce, while offering severance packages and reassigning over 7,000 staff to AI-focused teams.

Meta has laid off 8,000 staff.

Meta's decision to lay off 8,000 workers to offset AI investments while potentially redirecting another 7,000 toward AI-related roles is the largest in a brutal series of...