Tech layoffs have already passed 100,000 in 2026 as the industry cuts jobs to fund AI
Tech layoffs have already passed 100,000 in 2026 as the industry cuts jobs to fund AI
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Angry TSMC employees considering strikes, unionization over employee bonuses, report claims — company reportedly considering 15% payout cut to fund capex despite record revenues fuelled by AI surge
Angry TSMC employees considering strikes, unionization over employee bonuses, report claims — company reportedly considering 15% payout cut to fund capex despite record revenues fuelled by AI surge
Oracle tops up restructuring fund for FY26 by $500M
AI + ML Oracle tops up restructuring fund for FY26 by $500M Pot of money grows to $2.1BN for fiscal '26, as Big Red exec says AI helping smaller engineering teams do more Oracle has increased funding for its restructuring plans for the current financial year by $500 million, with some observers ant… …
Moss Studio Polyarc Suffers Layoffs, Cuts Undisclosed Number of Staff After Failing to Secure Funding for its Next Project
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Discussions and forums
Layoffs in IT. Is it Network Positions?
Seeing a lot of IT positions getting layoffs in the news and on r/Layoffs to make way for funding for AI. They don't seem to list what positions are being cut. My suspicion is that Developers seem to be taking the brunt …
Update on the "Help Me Escape From Belarus" Server Logs
Note to mods: sorry if this is disallowed, I recognize this is only loosely related to the sub, but I figured it's worth making a post as more people will see this in their logs. A couple days ago I saw this post about s…
Mixtape - Review Thread
Game Information Game Title: Mixtape Platforms: PC (May 7, 2026) Playstation 5 (May 7, 2026) Xbox Series X|S (May 7, 2026) Nintendo Switch 2 (May 7, 2026) Trailer: MIXTAPE | Launch Trailer Developer: Beethoven and Dinosa…
NetEase has reportedly pulled funding from Yakuza creator Toshihiro Nagoshi's studio and next game Gang of Dragon
… This is just the latest of cuts the tech giant has made in recent years, such as pulling funding from the Mass Effect talent-led Worlds Untold in 2024, broader job cuts in 2025, and the complete shuttering of a studio founded by Fallout and Star Wars alumni . …
OpenAI floats giving Trump administration 5 percent cut of AI boom
… Based on OpenAI’s latest funding round, which ended with the company valued at $852 billion, that stake would be worth roughly $42.6 billion. …
IO Interactive Shuts Down Istanbul Studio Months After 007 First Light Smash Hit
… Even if the funding comes from them, their paychecks come from IOI, always, what are we even talking about ? Do you know how outsourcing works ? Microsoft cut funding, this funding is part of their financials, people got laid off as a result. …
Xbox Focusing On “Highest Priorities,” Claims It’s Not Cutting Back Overall Spending On Games
Microsoft has confirmed that it pulled out of funding Hitman developer IO Interactive's new fantasy game, and it's because the company is re-focusing its spending on the "highest priorities" for the business. …
Polymarket says hackers stole users' funds | TechCrunch
… In an X post on Thursday , Polymarket said that a compromise at a third-party vendor allowed hackers to inject malicious code into its website “for some users.” The company said it has “contained” the incident and is now contacting the affected victims and “refunding them in full.” As of Thursday a… …
OpenAI, Google, and Microsoft Back Bill to Fund ‘AI Literacy’ in Schools
AI OpenAI, Google, and Microsoft Back Bill to Fund ‘AI Literacy’ in Schools Samantha Cole · May 4, 2026 at 10:29 AM A new bill introduced by Senators Adam Schiff and Mike Rounds would award grants to the National Science Foundation—which has endured massive funding cuts under the Trump Administrati… …