Meta’s AI Pivot Triggers New Wave of Layoffs and Structural Upheaval
Meta is cutting 10% of its global workforce to streamline AI workflows. Learn about the internal memo and the strategic shift toward generative AI efficiency.
Tag: Corporate News
Kyndryl’s ‘Culture’ Push Collides with Redundancy Notices in Corporate Timing Fail
Kyndryl faces internal backlash after sending a company-wide 'pulse survey' on the same day employees were notified of potential redundancies.
Last.fm Cuts Ties With Paramount Skydance to Return to Independent Roots
Music tracking veteran Last.fm is now an independent company again after nearly two decades under CBS and Paramount Skydance ownership.
BT targets 27,500 more job cuts by 2030 in drastic bid to slash operational costs
British Telecom (BT) announces plans to eliminate another 27,500 positions by 2030, following an initial 8,500 cuts last year, as the company struggles with stagnant sales growth.
Kyndryl Initiates ‘Workforce Rebalancing’ as IT Giant Targets $500 Million in Savings
Kyndryl, the IBM spin-off, begins workforce rebalancing and job cuts targeting delivery teams and architects to streamline operations and pivot toward AI.