Restructuring and Layoffs
3 articles on this topic, newest first.
Meta Weighed Cutting Some Teams by 60% for AI, Then Backed Off. Why?
Meta tested whether AI doing half the work means half the staff. Employee pushback and weaker-than-expected productivity gains led it to drop further cuts.
Google's AI Search Is Cutting Reddit's Traffic. Are the Web's Economics Changing?
Reddit's revenue grew fast, but search visits fell. The shock points to a shifting relationship between companies that produce content and platforms that answer with AI.
Fewer Layoffs, Fewer Jobs: America's 'Low-Hire, Low-Fire' Trap
A 4.1% unemployment rate makes the US labor market look fine. The hiring and quits rates tell a different story: companies are not cutting people, but they are not adding them either. The first thing to break is not the jobless line. It is the pay ladder for people who already have jobs.
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