Layoffs

Instacart Focuses on Connected Stores as It Cuts 7% of Workforce
Instacart Focuses on Connected Stores as It Cuts 7% of Workforce
February 13, 2024  |  Earnings

Even as Instacart is undergoing major layoffs to cut costs, the company continues to invest in fully digitizing the physical store to boost omnichannel efficiency....

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PayPal Chief Enterprise Services Officer Aaron Karczmer to Leave Company
PayPal Chief Enterprise Services Officer Aaron Karczmer to Leave Company
February 13, 2024  |  Personnel

PayPal Executive Vice President and Chief Enterprise Services Officer Aaron Karczmer will leave the company on April 30. The company and Karczmer entered into a...

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Contradictions Rule as AI Meets the Future of Work
Contradictions Rule as AI Meets the Future of Work
February 13, 2024  |  Artificial Intelligence

The intersection of artificial intelligence (AI) and the future of work is crowded and a bit confusing these days. On one hand, companies like Google and Duolingo...

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AI Could Permanently Ax Some White-Collar Management Jobs
AI Could Permanently Ax Some White-Collar Management Jobs
February 12, 2024  |  Artificial Intelligence

So far, the number of jobs eliminated by generative artificial intelligence is low. However, executives and management consultants are showing signs that the technology could...

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Tech Layoffs ‘Become Contagious’ Amid AI Investments
Tech Layoffs ‘Become Contagious’ Amid AI Investments
February 11, 2024  |  artificial intelligence

Tech firms have cut 34,000 jobs so far this year amid new investments in technology. A total of 141 companies have cut staff this year...

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This Week in AI: Enterprise Acceleration, EU Rulemaking and Defeating Deepfakes
This Week in AI: Enterprise Acceleration, EU Rulemaking and Defeating Deepfakes
February 09, 2024  |  artificial intelligence

Artificial intelligence (AI) is changing everyday life, heralding a paradigm shift beyond smarter chatbots. And the technology is showing no signs of slowing down —...

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AI Driving Layoffs: How Technology is Transforming the Workforce
AI Driving Layoffs: How Technology is Transforming the Workforce
February 09, 2024  |  artificial intelligence

Artificial intelligence (AI) is rapidly advancing and transforming industries across the globe. While it promises to enhance productivity and efficiency, there is growing concern about...

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Getaround to Restructure, Lay Off 30% of North American Staff
Getaround to Restructure, Lay Off 30% of North American Staff
February 08, 2024  |  Personnel

Peer-to-peer carsharing marketplace Getaround is laying off about 30% of its North American staff as part of a restructuring plan. The company will restructure its workforce and...

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Worldline Plans to Cut 8% of Staff to Save $215 Million
Worldline Plans to Cut 8% of Staff to Save $215 Million
February 07, 2024  |  Personnel

Worldline is planning to cut 8% of its workforce, part of a wave of financial sector layoffs. The French payments company is looking to reduce...

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