layoffs

The CEO of European AI startup Lovable has declared the era of American tech giants as the "safe, prestigious choice" for workers is over. He is actively recruiting talent from US companies experiencing layoffs, highlighting Lovable's fast-paced environment and a commitment to employee value through a 10% pay bump on work anniversaries.

Donald Trump lauded AI's economic benefits, citing record job numbers and stock market gains. However, a New York Post report revealed over 52,000 tech layoffs in early 2026, with AI increasingly cited as the cause.

Nvidia CEO Jensen Huang criticized corporate leaders for attributing layoffs to AI, calling the explanations "lazy" and "irresponsible." He argued that generative AI's recent widespread usability makes it impossible for it to be the cause of job cuts that occurred years prior. Huang urged for a balanced narrative on AI's impact, acknowledging both opportunities and risks.

layoffs often feel sudden, but companies signal them weeks or months in advance. Recruiters highlight subtle warning signs like increased manager scrutiny, team structure discussions, and hiring freezes. Recognizing these patterns allows employees to prepare proactively, rather than reactively, to potential job cuts.

Mark Zuckerberg's goodbye memo to 8,000 fired Meta employees on May 20 doubled as a message to the 70,000 staff still standing. The Meta CEO made two promises: no further company-wide layoffs in 2026, and better communication after weeks of internal anxiety. The memo lands as Meta funnels $125-145 billion into AI infrastructure, shifts 7,000 staff to AI projects, and cancels 6,000 open roles.

Financial software giant Intuit is reportedly laying off nearly 17% of its global workforce, impacting around 3,000 employees. This significant restructuring, aimed at simplifying operations and boosting AI integration, follows recent partnerships with OpenAI and Anthropic. The move comes as Intuit, like other tech firms, pivots towards AI-driven efficiencies amidst broader industry layoffs.

Meta Platforms has initiated global layoffs, with Singapore employees receiving termination notices early Wednesday. Thousands worldwide are affected as the company restructures, prioritizing AI. Meta CEO Mark Zuckerberg is making AI the top focus, investing heavily, while employees and investors voice concerns over data privacy and massive AI expenditure.

A pregnant Meta employee claims she was laid off just weeks before her maternity leave was set to begin, sparking outrage online. The woman, 34 weeks pregnant, sought advice on maximizing benefits during layoffs. Her situation has ignited a broader debate about worker protections and corporate support for employees during major life events.

Meta Platforms has initiated widespread layoffs, impacting approximately 8,000 employees globally, with termination notices sent as early as 4 am in some regions. This sudden and unannounced action has drawn sharp criticism online, with many decrying the 'toxic' and 'inhumane' approach. The move follows a trend of significant job cuts across the tech industry.

Meta has initiated another round of significant layoffs, impacting nearly 8,000 employees globally, with notifications starting in Singapore. While many are let go, over 7,000 will transition to AI initiatives. The company is providing immigration guidance and severance packages, including 16 weeks' pay plus two weeks per service year, and 18 months of COBRA coverage for affected staff.

Meta CEO Mark Zuckerberg informed employees that no further company-wide layoffs are anticipated this year, following a significant restructuring that cut 10% of its global workforce and reassigned 7,000 employees to AI divisions. This announcement aims to stabilize morale after recent job cuts impacted various departments, particularly engineering and product teams, as Meta prioritizes AI development and competes with rivals.

A former Meta employee shared a striking detail about the night before the company's first major layoff round, describing it as "doomsday" with employees packing free office snacks, chargers, and drinks. This anecdote has resonated widely online, highlighting the pervasive anxiety and emotional toll of job insecurity within Big Tech.

A former Meta engineer's viral post details feelings of exclusion due to language barriers and social isolation within certain teams. Jeremy Bernier claims Mandarin was prevalent in informal settings, leaving non-Chinese colleagues feeling left out. He advocates for greater inclusivity, diverse teams, and stronger English-speaking norms to foster a more welcoming environment.

Microsoft-owned LinkedIn is implementing another wave of job cuts, with over 600 employees set to be laid off this summer, primarily impacting California. This follows an earlier reduction of 5% of its global workforce. Despite reporting revenue growth, the company cites the need to 'reinvent how we work' and fund future investments as reasons for these significant workforce adjustments.

Starbucks is cutting 300 US jobs and reviewing international corporate roles, marking its third round of layoffs under CEO Brian Niccol. This move, part of a $400 million restructuring, aims to boost profitable growth by sharpening focus and reducing costs. These cuts exclude coffeehouse staff, as the company pursues its 'Back to Starbucks' strategy.

Webflow has initiated a significant workforce reduction, citing the rapid advancement of AI as the primary catalyst. Employees were blindsided by the news, receiving termination notifications via text and personal email without prior warning. The company claims this restructuring is essential for adapting to evolving web development practices driven by AI, aiming for a leaner operational model.

Shark Tank India judge Anupam Mittal commented on Oracle's recent layoffs and rescinded job offers, attributing them to automation rather than financial issues. He advised professionals to assess their position on an employer's P&L statement, suggesting those in the 'cost column' are at risk, while those contributing to revenue or profit can leverage AI.

Meta is implementing significant layoffs, impacting about 10% of its global workforce, alongside a major restructuring to integrate AI. Thousands of managerial roles are being eliminated, and 7,000 employees are being reassigned to AI-focused initiatives. This move, coupled with employee protests over AI training surveillance, signals a dramatic shift in the tech giant's operations.

Tech giants like Meta, Cisco, and Intuit are implementing significant layoffs, sparking widespread debate about AI's impact on jobs. While some predict mass unemployment, billionaire Mark Cuban argues AI will transform, not eliminate, entry-level roles. He believes the high cost of AI implementation and human decision-making capabilities will ensure continued employment opportunities.

LinkedIn cofounder Reid Hoffman believes the AI chatbot gold rush is over, shifting focus to AI-powered medicine as the next massive opportunity. He highlights healthcare's larger market and the potential for AI to accelerate drug discovery, creating lucrative monopolies through patent-protected innovations. Hoffman also noted that the medical field is not a winner-take-all market, allowing for multiple successful players.

Zoho founder Sridhar Vembu expresses concern over rising US public frustration with AI, questioning why negative sentiment is growing despite America's leadership in the field. He attributes this anger partly to companies unfairly blaming AI for job losses, arguing that economic pressures are the true driver of layoffs.

Meta has initiated significant layoffs, impacting thousands globally as roles are eliminated to enhance efficiency and fund AI investments. Employees are informed via email about severance, visa support, and system access termination. A non-working notice period is in effect, with continued pay and benefits until the termination date. Outplacement services are also provided.

Wix is preparing for its largest-ever layoffs, cutting approximately 1,000 employees, or 20% of its workforce. This significant downsizing follows a challenging first quarter, marked by a stock decline and increasing redundancy of roles due to AI advancements. Despite double-digit revenue growth, the company reported a net loss and a drop in cash flow, with operating expenses significantly increasing.

Morgan Stanley predicts AI could boost European banks' productivity by 30%, potentially leading to job cuts of up to 20% in the next five years. Analysts suggest these reductions may occur through voluntary exits, while AI also offers revenue growth opportunities by improving customer targeting. Several European banks are already exploring AI-driven restructuring, with some announcing significant support role reductions.

JD.Com's founder pledged to protect its 900,000 employees from AI-driven job losses, emphasizing safeguarding front-line workers. This comes as China's courts warn companies against using AI to replace staff. Meanwhile, the e-commerce giant is reportedly eyeing a significant acquisition in the UK's online retail sector.