Ride-hailing major Uber Technologies has announced another round of job cuts as the company accelerates the adoption of artificial intelligence (AI) across its operations. Around 10% of employees in Uber’s customer service division have been laid off as the US-based technology company looks to simplify its organisational structure and improve efficiency through AI. Uber Layoffs:…
Amazon is planning to cut approximately 14,000 corporate jobs starting next week, marking the second major layoff wave since October and bringing total reductions to 30,000 roles. CEO Andy Jassy clarified the cuts aren’t driven by AI or financial concerns but by excessive bureaucracy and organizational layers. The layoffs will affect employees across AWS, retail,…
America’s largest telecom company Verizon Communications is reportedly preparing to announce companywide job cuts as soon as next week. According to a report by Bloomberg, quoting people familiar with the matter, layoffs at Verizon mark one of the most significant steps yet in new Chief Executive Officer Dan Schulman’s turnaround strategy. While final decisions are…