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Why TCS is axing 12,000 jobs and what it reveals about the wider economics of tech layoffs beyond AI—key numbers, drivers and survival tips inside.
On Friday, Intel shares tumbled 8.5% as remarks from CEO Lip‑Bu Tan prompted concerns that he’s emphasizing expense ...
Microsoft has eliminated approximately 15,000 roles since May. The company’s CEO said layoffs are the “enigma of success.” ...
Meta CEO Mark Zuckerberg is on a mission for his company to be the first to reach so-called artificial superintelligence — ...
Tapped by Mark Zuckerberg to lead Meta’s most ambitious AI initiative yet, Scale AI founder Alexandr Wang now oversees a ...
The company has already made cost-cutting strides this month, axing about 9,000 employees in its latest round of layoffs.
Multimodal large language model research startup Reka AI Inc. today announced it has raised $110 million in fresh funding ...
Data-labeling startup Scale AI is laying off approximately 200 employees, about 14% of its staff, and ending contracts with ...
While its interim CEO cites demand changes, Scale AI has been reportedly losing customers since it buddied up with Meta.
Scale AI is cutting 14% of its staff just weeks after receiving a $14.3 billion investment from Meta, according to Benzinga.
Scale AI lays off 200 staff amid restructuring, just weeks after Meta's $14.3B investment and CEO Alexandr Wang’s move to ...
Meta Platforms’ new artificial intelligence organization is starting to take shape on the company’s Menlo Park, Calif., ...