Tag: layoffs
We interviewed 62 older Minnesotans who lost white-collar jobs later in life. Nearly 75% refused to move, and 3 big problems kept them locked in place
With the pendulum swinging away from remote work and toward return-to-office mandates, working in a new region or state may no longer mean simply...
‘Quiet cracking’ is spreading in offices: Half of workers are at breaking point, and it’s costing companies $438 billion in productivity loss
Workers are down in the dumps about a lack of career growth opportunities and emptying offices as companies slash staffers to make way for...
This CEO laid off nearly 80% of his staff because they refused to adopt AI fast enough. 2 years later, he says he’d do it again
Eric Vaughan, CEO of enterprise-software powerhouse IgniteTech, is unwavering as he reflects on the most radical decision of his decades-long career. In early 2023,...
A comprehensive list of 2025 tech layoffs | TechCrunch
The tech layoff wave is still kicking in 2025. Last year saw more than 150,000 job cuts across 549 companies, according to independent layoffs...
Laying off workers because of AI is more of a fashionable excuse than a real business imperative, study suggests
If you read the typical 2025 mass layoff notice from a tech industry CEO, you might think that artificial intelligence cost workers their jobs.
The reality is...
Why Salesforce CEO Marc Benioff doesn’t seen a white collar jobs apocalypse despite big gains from AI agents
No company has made as big a bet on AI agents as Salesforce. In fact, Salesforce founder and CEO Marc Benioff almost changed the...
Spirit Airlines says it will furlough 270 pilots and demote 140 captains to first officers as it looks to shore up finances
Spirit Airlines is making additional staff cuts. The discount carrier will furlough 270 pilots on Nov. 1 and demote 140 from captain to first...
Satya Nadella on the ‘enigma of success’ in the age of AI: a thriving business, but 15,000+ layoffs
Microsoft, one of the world’s most valuable tech companies, is undergoing a sweeping internal transformation punctuated by mass layoffs, even as its financial performance...
A quarter of Gen X who’ve been laid off in the last decade haven’t found another job since—and 11% have taken pay cuts to escape unemployment
Americans want to work longer to support themselves as the cost of living climbs and 401(k) benefits are further delayed, but many older Gen...
Porsche CEO seeks fresh cost cuts, warning business model ‘no longer works’ in post-Trump, new China world
Once the envy of the entire German auto industry, Porsche is drifting deeper and deeper into its biggest crisis in decades.
In a letter to...
