layoffs
-
Blog
Intel makes high-level hires while factory workers are warned of layoffs
As part of efforts to turn around Intel’s fortunes, the company made a series of senior engineering appointments. CEO Lip-Bu Tan is looking to focus on customer relationships and shore up the company’s foundry business, cutting staff and reorganizing top management. And as part of its plans to become a more engineering-focused company, Intel has now hired three chip industry…
Read More » -
Blog
Tech layoffs surge even as US unemployment remains stable – Computerworld
Although the US unemployment rate held steady at 4.2% in May with 139,000 jobs added to the US workforce, nearly 100,000 layoffs were also announced — up 47% from last year, according to new data from the US Bureau of Labor Statistics and others. Tech and federal cuts led the way in layoffs, driven by economic pressure, programmatic firings and…
Read More » -
Blog
Fresh Microsoft layoffs hit software engineering roles, documents show
Microsoft is set to lay off more than 300 employees as part of a fresh round of cuts in the company’s home state of Washington – and software engineers once again appear to be bearing the brunt. According to Worker Adjustment and Training Notification (WARN) filings, 305 Washington-based staff in total are affected. Organizations are required to file notifications on…
Read More » -
Blog
AI and economic pressures reshape tech jobs amid layoffs – Computerworld
Tech layoffs have continued in 2025. Much of that is being blamed on a combination of a slower economy and the adoption of automation via artificial intelligence. Nearly four in 10 Americans, for instance, believe generative AI (genAI) could diminish the number of available jobs as it advances, according to a study released in October by the New York Federal Reserve Bank. And…
Read More » -
Blog
Java celebrates its 30th birthday and more Microsoft developer layoffs
May has been a busy month for news in the IT world, with cyber attacks hitting retailers across the UK and Microsoft laying off over 800 developers. In this episode of the ITPro Podcast, Jane is joined by news and analysis editor Ross Kelly to discuss three of the most significant news stories of the past month and wish Java…
Read More » -
Blog
Why tech layoffs can be like grief
At first, it may seem odd to draw a throughline between grief and a job loss or project reassignment. Typically, we associate grief with a cataclysmic event, a death in the family, or a steep and severe drop in your health. However, mental health experts and organizational leaders agree that workplace conditions can create a similar reaction, one that it…
Read More » -
Blog
Microsoft workers face a fresh round of layoffs – here’s who could be impacted
Microsoft has confirmed plans to cut around 3% of employees as part of a fresh cost-cutting scheme. Initially reported by CNBC, the layoffs are set to affect around 6,000 workers globally and will span a range of divisions, locations, and seniority levels. Among these are workers at the company’s Redmond headquarters. The state of Washington revealed on Tuesday that 1,985…
Read More » -
Blog
CrowdStrike layoffs to hit 500 staff as firm targets strategic AI shift
Security giant CrowdStrike has revealed it will lay off 500 workers as part of “strategic plans” to reach $10 billion in annual recurring revenue (ARR) — with hopes AI can help get it there. CrowdStrike made headlines last summer after a defect in an update dramatically knocked offline a wide range of businesses using Microsoft software. That global IT failure…
Read More » -
Blog
Intel layoffs confirmed as CEO eyes ‘sustainable growth’
Intel’s new CEO Lip-Bu Tan has confirmed the company will be cutting its headcount in response to sluggish revenue. In an investor call, reported by Seeking Alpha, Tan said: “The first quarter was a step in the right direction, but there are no quick fixes as we work to get back on a path to gaining market share and driving…
Read More » -
Blog
Layoffs loom for under-skilled tech workers and poor performers
Tech hiring managers expect more layoffs to come later in 2025, with roles ripe for automation and workers with outdated skills the most likely to be cut. In a survey by General Assembly, 54% of hiring managers said their companies were likely to cut staff, while 45% revealed those most replaceable by AI were firmly in the crosshairs. Alongside being…
Read More »