Meta to Cut 8,000 Jobs as AI Spending Surges
Meta plans to cut about 8,000 jobs while ramping AI spending to $135 billion. The move reflects a broader shift toward AI-driven productivity.
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Meta plans to cut about 8,000 jobs while ramping AI spending to $135 billion. The move reflects a broader shift toward AI-driven productivity.
Three OpenAI executives have announced their departures, adding to a wave of leadership changes. The exits come as the company restructures teams and prepares for future growth.
Anthropic is expanding its London presence with space for 800 staff, intensifying competition with OpenAI and other AI firms for talent in the U.K.
New research shows AI is speeding up how quickly early-career employees become productive, while raising expectations and reshaping traditional entry-level roles.
New research shows women are adopting AI tools at work more slowly than men, facing lower support and recognition. The gap could have long-term implications for career growth and workplace equity.
Oracle shares rose as the company plans layoffs to redirect capital toward AI data center investments.
A new survey finds 15% of Americans are open to having an AI manager, as automation reshapes workplace structures and raises job concerns.
Mark Warner proposed taxing AI data centers to fund worker retraining, as concerns grow over job displacement linked to artificial intelligence.
HSBC appoints first chief AI officer to expand generative AI use, aiming to cut costs and boost performance across global banking operations.
OpenAI plans to grow workforce to 8,000 by end of 2026, boosting hiring in AI research, engineering, and enterprise adoption roles.
Nvidia CEO Jensen Huang proposed paying engineers with AI tokens to boost productivity through AI agents. The idea reflects a shift toward AI-driven workflows in tech hiring.
Surging investment in AI data centers is fueling demand for skilled trade workers, creating labor shortages and rising wages. The trend highlights the physical infrastructure behind AI growth.
ServiceNow CEO Bill McDermott warned that rapid adoption of AI agents could significantly reduce job opportunities for new college graduates.
Developer activity in blockchain ecosystems has dropped sharply as programmers increasingly move to artificial intelligence projects across GitHub.
Block is eliminating more than 4,000 roles, nearly 40% of its workforce, as it pivots toward AI-driven automation. Shares surged over 24% in after-hours trading following the announcement.