Wix will reduce its workforce by 20% as the company restructures operations around artificial intelligence and economic pressures.
Browsing: Corporate governance
Meta launches paid subscriptions for Instagram, Facebook, and WhatsApp globally, introducing premium features.
Elon Musk denied reports claiming SpaceX signed a long-term Colossus lease with Anthropic amid rising competition for AI infrastructure.
Tech layoffs in 2026 are becoming costlier, with workers losing nearly $14,400 monthly amid AI-driven restructuring and rising expenses.
US regulators probe nearly 115,000 Rivian vehicles after rear toe link failures caused swerving incidents, raising fresh safety concerns.
JPMorgan ordered to pay $4 million after former broker won challenging dismissal tied to deli platter expense
Taiwan investigates suspected Nvidia AI chip smuggling to China via Japan amid tightening U.S. semiconductor export restrictions.
Groupon cuts 400 jobs under its AI-native Project Foundry strategy, replacing human roles with automation and AI-driven operations.
Meta layoffs impact nearly 1,400 Seattle-area employees as company restructures operations and shifts focus toward AI investments.
Viral X post accusing IKEA of “catering to Indians” sparks backlash, reigniting debates over racism, immigration, and online hate in Texas.
OpenAI CEO Sam Altman says AI growth may reshape jobs, but human interaction remains irreplaceable across workplaces globally.
Wix plans 1,000 layoffs despite revenue growth, as AI investments and automation reshape roles across the company.
A casual darts game and unexpected networking helped Lucra Sports secure backing despite investor obsession with AI startups.
Pentagon and SpaceX clash over Starlink pricing as military drone operations, wartime communications deepen reliance on satellite networks.
Krispy Kreme breach victims may claim up to $3,500 as settlement deadlines approach for affected U.S. customers and employees.
Big Tech firms reconsider AI adoption as soaring token-based costs increasingly exceed traditional human labor, enterprise spending budgets.
Zeb Evans, CEO of cloud-based productivity platform ClickUp, announced on Thursday that the company has laid off 22% of its workforce
Walmart executives said Thursday that the retailer may use tariff refunds to lower prices for customers as rising fuel costs continue
Acrisure plans 2,250 layoffs through 2027 as AI and automation reshape operations, impacting nearly 11% of its workforce.
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.