Search results for “layoffs”
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Microsoft Cuts 4,800 Roles as AI Reshapes Work, Commercial Delivery and Xbox Strategy
Microsoft is eliminating around 4,800 roles, representing about 2.1% of its global workforce, as the company accelerates a broader transformation of its business, operating model and workforce priorities. The changes primarily affect Microsoft’s Commercial...
Venture CapitalNew York-based workforce infrastructure company FutureFit AI secures strategic investment from Achieve Partners
FutureFit AI , announced a strategic investment from Achieve Partners to scale its AI-powered workforce infrastructure across new regions. The company says its platform supports career navigation, skills-based matching, and talent marketpla
Company NewsThe AI hype check: Fortune companies are not hiring AI-ready workers
Orgvue’s latest analysis of over 10,000 Fortune 100 job postings reveals that AI is not driving the massive layoffs dominating corporate headlines. Only 11% of job postings mention AI, and just 6% specify particular platforms or tools. Desp
HotNewsJob Boards Are Dying—AI Is Becoming the New Hiring Front Door
In July 2025, Japanese HR services giant Recruit Holdings announced a sweeping reorganization of its HR technology division, cutting approximately 1,300 jobs , or 6% of the department’s global workforce. The restructuring directly impacts i
Company NewsDHI Group Cuts 25% of Workforce at Dice Amid Strategic Restructuring
DHI Group (NYSE: DHX), the parent of tech-focused job boards Dice and ClearanceJobs, announced a 25% workforce reduction as part of a strategic restructuring. This decision follows an earlier 8% layoff in January and will result in $4.2 mil
ColumnGlobal Trade Policy Changes Leave U.S. Frontline Workers Nervous, Angry, and Stressed Out
A recent UKG survey of over 5,000 U.S. frontline workers reveals significant anxiety and behavioral changes due to evolving trade policies and tariff uncertainties. Over half fear job layoffs, with nearly three-quarters concerned about futu
Company NewsWorkday Announces Workforce Reduction of 1,750 Employees to Optimize Operations
Workday (NASDAQ:WDAY) is cutting 1,750 jobs, representing about 8.5% of its workforce, as part of a broader initiative to improve operational efficiency and refocus on core business areas. Despite the layoffs, Workday plans to continue hiri
Venture CapitalWhen Announces $4.6 Million in Seed Funding to Transform the Employee Offboarding Experience
When, an AI-powered offboarding solution, has raised $4.6 million in a Seed funding round led by B Capital, bringing its total funding to $7 million. The funding will be used to expand When's AI-powered health insurance marketplace and grow
Venture CapitalTezi raises $9M to launch Max: the first fully autonomous AI recruiter
Tezi.ai an innovative startup, has raised $9 million in seed funding, led by 8VC and Audacious Ventures, to advance its autonomous AI agent for recruitment, named Max. This AI agent is designed to streamline the end-to-end hiring process, i
Company NewsIndeed to Lay Off 1,000 Employees in Strategic Move to Simplify Operations
Indeed , the career site, announced the layoff of approximately 1,000 employees, constituting about 8% of its U.S. workforce. This decision, conveyed through a letter from CEO Chris Hyams, primarily affects the Research & Development and Go
EarningsInsperity Q1 2024 Earnings: Strong Performance Despite Economic Slowdown
Insperity, Inc. reported its Q1 2024 financial results, highlighting a 4% increase in gross profit to $345 million, driven by strong pricing and favorable benefits costs, despite a 1% decrease in average worksite employees paid. Net incom
Venture CapitalParaform Secures $3.6M in Seed Funding to Revolutionize Recruitment for Startups
Paraform , a recruitment platform dedicated to startups, has recently secured a $3.6 million seed funding round led by A*. The platform utilizes the skills of recruiters displaced by the tech industry layoffs in 2022 and 2023, connecting st
Product NewsWisq Launches First Personalized AI Guide for Managers
Wisq introduces an AI-powered coaching guide designed to transform managers into inspirational leaders. By providing personalized, real-time guidance and expert advice, this platform addresses the coaching gap for middle managers. Availabl
Company NewsFlexJobs Announces Top 100 Companies to Watch for Remote Jobs in 2024
The FlexJobs 2024 report highlights the top 100 companies leading in remote job opportunities. Emphasizing the continued growth and appeal of telecommuting, this comprehensive list showcases companies across diverse industries. It reflects
Product NewsInside Google's Decision to Cut Hundreds of Jobs in Its Global Recruiting Division
MOUNTAIN VIEW — Google has verified that it will be reducing its workforce by letting go of hundreds of employees involved in recruitment and hiring, as part of ongoing cost-cutting measures in Silicon Valley. In a move that has sent ripple
Venture CapitalOne Model: Harnessing AI to Revolutionize People Analytics with $41M Funding
In the rapidly evolving world of HR technology, One Model, an Austin-based startup, is making waves. The company recently announced a successful funding round of $41 million, led by Riverwood Capital. This significant investment is set to f
Venture CapitalOnline Medical Training Startup Stepful Raises $8M Seed Funds
Stepful , a virtual medical training startup raised $7.5 million in seed funding. Pandemic-era layoffs in other industries and a current health care worker shortage create a perfect storm for a company like Stepful to thrive. Reach Capital
Company NewseQ8 Survey Examines the Current State of Strategic Workforce Planning
Austin, Texas – May 9, 2023 – eQ8 , the only dedicated end-to-end SaaS solution for strategic workforce planning using dynamic scenario modeling, released the results of a study on the state of strategic workforce planning. The study was co
Product NewsLinkedIn Adjusts China Strategy: Cuts Jobs and Phases Out InCareer App Amid Competition
LinkedIn, the Microsoft-owned professional networking platform, has announced that it will be cutting 716 jobs and phasing out its local jobs app, InCareer, in China. The decision comes in the wake of "fierce competition and a challenging m
NewsReejig Launches World’s First AI-driven Work Ontology™
Today at the UNLEASH America conference, Reejig , the global leader in workforce intelligence, announced its new Work Ontology™, which unbundles traditional job architectures to atomized components such as skills required, tasks and task ad
Company NewsIndeed, an American worldwide employment website, Lays Off 2,200 Workers Globally
MARCH 23, 2023/-- Indeed , an American worldwide employment website for job listings, lays off 2,200 workers globally. With sponsored job ads down 33% Indeed is reducing its workforce. This message was shared earlier today with Indeed emplo
Company News13.86 billion -2022 Global Investment and Financing in HRTech
According to DHR statistics, 412+ investment and financing events were generated globally in the past 2022, with a total investment and financing amount of $13.86 billion in the global HRTech field. Among them, by quarter, we can see that Q
Venture CapitalHowdy Extends Series A by $5 Million, Bringing Total to $18 Million Following a Full Rebrand
The rebrand comes as the company marks a 246% increase in year-over-year revenue growth and $105 million valuation AUSTIN, Texas , Jan. 10, 2023 -- Howdy , the Latin American (LATAM) hybrid workforce company formerly known as Astro, toda
Company NewsHiring Momentum Continues for Q1, Though Signs of Softening Begin
Employers still face a global talent shortage; the Information Technology sector leads the way in Q1 2023 hiring While the impact of a potential recession and rising inflation dampen the hiring Outlook quarter-over-quarter and year-over-yea
People AnalyticsVisier:The Top Read People Analytics Content of 2022
Catch up on the must read articles, research, and podcasts that are guiding the evolution of HR, people analytics, and the workplace in 2022 and beyond. A lot has happened in the world of work this past year: We watched resignation rates r
Venture CapitalSpain’s Cobee raises $41M for an employee benefits ‘superapp’
Benefits are one of the great oxymorons of full-time employment: the name implies help and advantages, but in a lot of cases, it’s hard to know what perks and rewards you might have available to you, much less use them on a regular basis. N
AcquisitionCalendly acquires Prelude to drive into the recruitment sector
Tope Awotona, September 27, 2022 Today, I’m thrilled to share that Calendly has acquired the recruiting operations platform Prelude . What makes this acquisition especially exciting is that it accelerates our vision to holistically solve e
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