Amazon’s original Proteus robot has been rolled out in 25 fulfilment centers in the U.S. Sawdah Bhaimiya Amazon has unveiled its latest warehouse robot that can take commands in conversational language, underscoring how AI-powered automation is advancing as companies continue to slash their corporate workforce in AI-driven efficiencies. The tech giant’s next-generation Proteus is an … Read more
Meta CEO Mark Zuckerberg wears the Meta Ray-Ban Display glasses, as he delivers a speech presenting the new line of smart glasses, during the Meta Connect event at the company’s headquarters in Menlo Park, California, U.S., Sept. 17, 2025. Carlos Barria | Reuters When Meta CEO Mark Zuckerberg told employees about his plan in late … Read more
A logo of Cloudflare sits outside the company’s house on the opening day of the 55th annual meeting of the World Economic Forum in Davos, Switzerland, Jan. 20, 2025. Yves Herman | Reuters Cloudflare reported first-quarter earnings Thursday that beat analysts’ expectations, but the company announced a 20% reduction in its workforce. Shares sank 16% … Read more
Harvard University will allow schools to resume merit-based salary increases for the 2026-27 fiscal year, indicating partial recovery across parts of the institution after last year’s federal funding cuts. According to The Harvard Crimson, the Faculty of Arts and Sciences, Harvard Kennedy School, Harvard Business School, and Harvard School of Public Health will provide pay … Read more
People walk past a Nike store in New York City, on April 2, 2025. Kylie Cooper | Reuters Nike announced a new round of layoffs on Thursday impacting approximately 1,400 roles across the organization, mostly concentrated in its technology department. In a note from COO Venkatesh Alagirisamy, the company said the layoffs were part of … Read more
People gather at the Magic Kingdom theme park before the “Festival of Fantasy” parade at Walt Disney World in Orlando, Florida, U.S. July 30, 2022. Octavio Jones | Reuters Disney is planning to begin its next phase of cost cutting, which will include as many as 1,000 layoffs, according to a person familiar with the … Read more
Oracle Corp. signage on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, Dec. 31, 2025. Michael Nagle | Bloomberg | Getty Images Oracle rose in premarket trading on Wednesday as the multinational tech conglomerate looks to cut thousands of jobs to free up cash to build AI data … Read more
Meta CEO Mark Zuckerberg makes a keynote speech during the Meta Connect annual event, at the company’s headquarters in Menlo Park, California, on Sept. 25, 2024. Manuel Orbegozo | Reuters Meta is planning sweeping layoffs that could affect 20% or more of the company, three sources familiar with the matter told Reuters, as Meta seeks … Read more
Harvard University has laid off 55 employees from its Alumni Affairs and Development office, the unit responsible for alumni engagement and fundraising, as the university continues a series of cost cutting steps amid financial pressure.The layoffs were announced to employees on Tuesday by Alumni Affairs and Development Vice President James J. Husson in an internal … Read more
Block CEO Jack Dorsey’s move to cut nearly half the company’s workforce is shining a spotlight on a growing question for corporate America: whether advances in artificial intelligence will ultimately mean fewer workers. In an earnings call Thursday, Dorsey said Block will cut about 4,000 jobs. Dorsey framed the move as more than a cost-cutting … Read more