corporate restructuring

BigTech Companies

Splinter Cell Remake Still On Despite Ubisoft Layoffs

The Splinter Cell remake is confirmed to still be in active development at Ubisoft Toronto, despite recent layoffs at the…

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AI & Tech

Tech Layoffs, AI Hype, and the Future We Left Behind

Despite widespread corporate layoffs in 2026, there is little clear evidence that AI is directly replacing large numbers of workers;…

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BigTech Companies

Intel Axes Multiple Open-Source Projects

Intel has discontinued several key open-source projects, including the Intel Graphics Compiler for Linux and the oneAPI Construction Kit, to…

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AI & Tech

Peloton Cuts 11% of Workforce After AI Hardware Launch

Peloton is laying off 11% of its global workforce, primarily in engineering, as part of an ongoing cost-cutting strategy following…

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BigTech Companies

Vimeo Cuts Staff After Bending Spoons Acquisition

Vimeo has initiated extensive global layoffs, its second major round in six months, following its $1.38 billion acquisition by Italian…

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Automotive

Luminar, a Leading Lidar Company, Files for Bankruptcy

Luminar, a leading lidar manufacturer for autonomous vehicles, has filed for Chapter 11 bankruptcy, marking a dramatic fall for the…

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AI & Tech

2025 Tech Layoffs: The Complete List

Over 22,000 tech jobs have been eliminated in 2025, driven by a strategic push for efficiency and AI integration across…

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BigTech Companies

Square Enix Shareholder Demands Major Overhaul of Final Fantasy Maker

A major investor, 3D Investment Partners, is publicly calling for a strategic overhaul at Square Enix, criticizing management for declining…

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Artificial Intelligence

Amazon Slashes 14,000 Corporate Jobs in Major Layoffs

Amazon is cutting 14,000 corporate jobs to streamline operations and redirect investments toward artificial intelligence initiatives, marking its second-largest layoff…

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AI & Tech

OpenAI Secures Major For-Profit Funding Round

OpenAI has restructured into a for-profit corporation under its original non-profit foundation, enabling it to pursue funding and acquisitions more…

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AI & Tech

Amazon Lays Off 14,000, Citing AI as Key Factor

Amazon is cutting 14,000 corporate jobs to streamline operations and invest in automation and AI as key growth drivers. The…

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AI & Tech

2025 Tech Layoffs: The Complete List

The technology sector has seen over 22,000 layoffs in 2025, continuing a trend from 2024 when more than 150,000 jobs…

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AI & Tech

Intel’s Leadership Shift: A New Era for the Chipmaker

Intel is at a crossroads. The company is undergoing a major leadership overhaul as CEO Lip-Bu Tan reshapes its structure…

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BigTech Companies

2025 Tech Layoffs: The Complete List & Analysis

Over 22,000 tech employees have been laid off in 2025 due to economic pressures, strategic shifts, and increased automation and…

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BigTech Companies

EA Japan GM Criticizes Microsoft Layoffs and Game Cancellations Like Everwild

Microsoft's recent layoffs and project cancellations, including EverwiL and Perfect Dark, sparked industry debate, with EA Japan's Shaun Noguchi criticizing…

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BigTech Companies

Game Devs Slam Microsoft Layoffs as ‘Colossal Waste of Talent’

Microsoft's layoffs of 9,000 employees, including from its Xbox division, have sparked industry outrage, with canceled projects like "Everwild" and…

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Artificial Intelligence

Amazon to Cut Corporate Jobs as AI Takes Over Roles

Amazon is adjusting its workforce strategy due to AI integration, potentially reducing jobs in departments where automation can handle tasks…

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