Acrisure plans 2,250 layoffs through 2027 as AI and automation reshape operations, impacting nearly 11% of its workforce.
Browsing: Corporate governance
Meta layoffs impact 8,000 employees as Mark Zuckerberg addresses uncertainty, AI competition, and restructuring efforts in company-wide memo.
Intuit cuts 3,000 jobs as AI investments expand across QuickBooks, TurboTax, Mailchimp and Credit Karma operations globally.
Iconic Las Vegas restaurant Heart Attack Grill closes after rising costs, declining tourism and years of controversy over unhealthy branding.
US indicts Chinese container firms and executives over alleged price-fixing conspiracy that disrupted global trade during the supply crisis.
Schlitz Beer production ends after 177 years as rising costs and changing consumer habits challenge America’s historic brewing brands.
Amazon faces backlash after 33,181 H-1B certifications surfaced despite 30,000 layoffs, reigniting debate over foreign hiring practices.
Meta lays off 10% workforce, offers expanded severance as company restructures teams and boosts massive AI investments globally.
Anthropic hires OpenAI co-founder Andrej Karpathy, intensifying AI industry competition as leading firms race for top research talent.
Inter IKEA, which franchises the Swedish furniture brand, is laying off 850 workers as part of a cost-cutting move
Meta detailed its layoffs plan for May 20 in a memo shared with employees on Monday, as the company accelerates its push into artificial intelligence
Standard Chartered plans over 7,000 job cuts worldwide as the bank accelerates artificial intelligence adoption and automation initiatives.
NextEra’s $66.8B Dominion acquisition creates America’s largest regulated utility amid soaring AI-driven electricity demand
Amazon faces criticism after alleged 10,781 H-1B visa applications spark debate over immigration, layoffs and American tech jobs.
Salesforce plans $300 million Anthropic token spending as AI boosts coding productivity, despite pausing software engineer hiring in 2025.
Satya Nadella revealed Microsoft prepared a $25 billion backup plan after Sam Altman’s sudden removal from OpenAI leadership.
Indian American doctor, firms probed for alleged birth tourism services amid U.S. concerns over visa fraud and national security.
Starbucks cuts 300 U.S. corporate jobs while reviewing global workforce as CEO Brian Niccol continues restructuring strategy.
Indian American executive to lead risk and compliance software provider’s global growth strategy.
Thinking Machines Lab loses key founding members to Meta and OpenAI as competition for elite AI talent intensifies globally.
Indian tech professionals in the U.S. fear toxic work culture, burnout, and hierarchy-driven workplaces if forced to return home.
Seasoned Indian American finance and operating executive to help accelerate professional education company’s AI-powered growth.
Documentary reignites debate over H-1B visas, outsourcing and alleged Indian hiring networks in Silicon Valley tech recruitment.
Walmart cuts 1,000 jobs amid restructuring and tech expansion, while denying AI as the reason behind workforce reductions.
Sam Altman testified Elon Musk sought long-term OpenAI control, even suggesting ownership could pass to his children after death.