SINGAPORE, Oct 30 (Reuters) – Singapore’s retrenchment rate in the third quarter of 2026 hit its highest level since the height of the COVID pandemic in late 2020, driven by business reorganisations, the manpower ministry said on Friday. • Layoffs rose to 4,800 in the third…
Mogul Barry Diller had been looking for an "AI proof" investment in MGM Resorts but had dropped the takeover bid. In the second major round of layoffs this year, Barry Diller‘s magazine empire is reorganizing over what it describes…
In May, Seattle's socialist mayor told wealthy residents and businesses that if they wanted to leave her city to escape her terrible policies "bye." And now businesses are looking to downsize or leave Seattle entirely, with a survey showing half…
By Greg Bensinger SAN FRANCISCO, Oct 28 (Reuters) - Amazon cut jobs on Wednesday in its devices and services unit after weeks of product rollouts including new Kindle e-readers and tablet computers. The company confirmed the cuts after a Reuters... By Greg…
Microsoft said on Monday it is offering voluntary buyouts to about 60,000 employees, or more than a quarter of its global workforce, as the technology giant looks to contain costs and help fund its massive AI investments. Staffers across the Windows…
(The Center Square) - Seattle business owners say public safety, taxes, labor costs and homelessness sit atop their concerns in a poll released Monday, showing the business climate score at 39 out of 100. The Seattle Metropolitan Chamber of Commerce and Downtown Seattle…
The cuts come alongside soon-to-be announced plans for deploying AI within the government. Netherlands to slash state jobs as part of AI-related savings The Netherlands said it would cut 25,000 government jobs as part of AI-related savings, among the more aggressive…
The Greatest News Site On The Internet. Home of CFP Nation. HOLY AI LAYOFFS | Microsoft just offered voluntary buyouts to 60,000 employees. Posted by Kane on October 26, 2026 7:26 pm
“The Voluntary Exit Offer is new for us. We’ll learn from it,” Coleman wrote. “There is no one-size-fits-all approach for every team or every employee.” Not every group is taking part. Participation “varies based on each business’s priorities, customer commitments…
Microsoft is offering voluntary buyouts to approximately 60,000 employees worldwide, marking another major workforce reduction effort as the technology giant looks to control expenses while pouring billions of dollars into artificial intelligence. The announcement Monday affects more than a quarter of…
Layoffs, job cuts and closings at American companies and in government, from tech and media to retail and manufacturing.
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