Uber CEO says laying off 3,300 workers will help lower prices for customers
Uber says customers will benefit, though similar corporate promises have fallen flat before
Intel's CPUs could get 10% more expensive next month
Intel could cut another 5% to 10% of staff as CEO Lip-Bu Tan continues restructuring push
Zuckerberg's bold plan to replace Meta employees with AI has imploded
Meta explored 60% team cuts in two waves before staff revolt forced a retreat
A hot potato: Meta set out to reorganize much of its workforce around AI at the beginning of this year, betting that agents could help the company move faster while reducing the need for larger teams. The company went ahead with 10% workforce cuts in May but ultimately dropped plans for a broader round of layoffs after its AI workplace "overhaul" ran into employee resistance and technical problems.
Better founder who fired 900 employees over Zoom is now fighting to get his own job back
Garg says Better's board pushed him out just as profitability was in view
EA is now owned by Saudi Arabia's sovereign wealth fund after $55 billion deal
What just happened? Video game giant Electronic Arts is now officially owned by a consortium led by Saudi Arabia's sovereign Public Investment Fund (PIF). The group is also made up of investment firms Silver Lake and Affinity Partners, the latter founded by Donald Trump's son-in-law, Jared Kushner.
Tencent pulls the plug on GTA rival Last Sentinel after spending $300 million over six years
The LA studio working on the game lays off 80 employees
This $10 bundle of 100+ DRM-free games means to support laid-off game developers
The collection includes titles like A Short Hike, Eldritch, and Holedown, with more being added through August 13
Why it matters: The video game industry has seen a historic wave of layoffs in recent years, with thousands of workers impacted in the last few weeks alone. To support some of the developers affected, indie game storefront itch.io is collaborating with an industry union to sell a collection of over 100 heavily discounted games.
Samsung cuts hundreds of US jobs while AI boom sends chip profits soaring
The company is relocating its US consumer electronics headquarters from New Jersey to Texas
Over 4,500 Google workers demand layoff protections as Alphabet's value hits $4.3 trillion
"Make no mistake: this is a company that is enjoying massive, unprecedented success"
A Doom developer says Microsoft "destroyed an immense amount of value" at id Software
John Carmack is losing faith in Microsoft's stewardship
Black Flag Resynced is a smash hit, but 51 Ubisoft Barcelona developers are still being laid off
Ubisoft even canceled the studio's launch event as workers prepared to strike over the cuts
The studio behind MindsEye is flying fans in for playtests, all while laid-off workers protested outside
Another chapter in one of gaming's messiest studio meltdowns
New York hospital replaces 12 nurses with AI, prompting warnings over patient care dangers
The layoffs come only months after nurses went on strike and won protections against AI
Federal Reserve taps Xbox CEO Asha Sharma to lead jobs task force days after Microsoft laid off 3,200 people
The task force will examine AI's impact on productivity, employment, and economic growth
Microsoft is cutting 3,200 Xbox jobs and spinning off four game studios
Cutting corners: The first wave of massive layoffs that Microsoft teased several weeks ago has arrived. Most of the losses will hit the Xbox division over the next year as the company consolidates its gaming strategy. Microsoft will spin off Compulsion Games, Double Fine, Ninja Theory, and Undead Labs, while Arkane enters labor negotiations. Bethesda, ZeniMax, id Software, Activision, Obsidian, and Microsoft's accessibility team will all see deep cuts.
More companies are rehiring workers they replaced with AI after automation fails to deliver
Ford, IBM, and Commonwealth Bank are among the firms discovering that AI cannot always replace human
Bungie cuts nearly 300 jobs as Destiny 2 winds down and Marathon takes center stage
The studio is shifting resources toward projects still in early development
France's video game union is striking all summer as more than 1,000 workers lose their jobs
"This crisis was avoidable, but our bosses chose to drive blindly towards disaster"
Oracle cuts 21,000 jobs, admits AI is reducing its workforce
The AI jobs apocalypse may not be here, but the cuts keep coming
Xbox is closing Ninja Theory and Double Fine, and Compulsion may not be far behind
Microsoft's 100-day Xbox reset may bring more layoffs and studio closures
Ubisoft to cut 380 jobs and shut down studios in Canada and Serbia, report claims
The company also moved more than 100 developers from Rainbow Six Siege to other projects
Xbox is planning major layoffs and hinting at "radically different" console business model
Microsoft's gaming division spent $20 billion in five years and lost $500 million in revenue
The AI boomerang effect: more data suggests employers are reversing AI layoffs
Studies find up to 50% of companies that replaced workers with AI are rehiring or expressing regret