News with the tag "layoffs"

Cognition AI's layoffs and employee buyouts following its acquisition of Windsurf highlight the volatility and challenges in the AI startup sector, including demanding work culture and post-acquisition restructuring.

Scale AI's layoffs and strategic pivot highlight challenges in the AI data labeling industry, driven by rapid expansion, executive shifts, and market demand changes.

Microsoft's use of AI tools has saved the company $500 million but also led to significant job cuts, highlighting the dual impact of AI on cost efficiency and employment.