Tag: layoffs

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Music Streaming Platform to Lay Off Employees Due to High Costs

Leading music streaming platform Spotify has announced that it will lay off employees due to soaring operational costs. This move comes as part of...

Virgin Media Plans on Laying Off Around 2000 Employees by July 2024

Monday, July 24th, mobile operator Virgin Media O2 announced plans to lay off 2,000 employees by July 2024. This announcement puts the company on...

Concerns Rise as Companies Replace Human Employees with AI

Ian Hogarth, the new head of the UK government's AI taskforce, believes that protecting British jobs will be challenging as artificial intelligence systems become...

Next in the Redundancy Line: Microsoft

On Wednesday 18 January, Microsoft laid off 10,000 employees – with departments such as marketing, advertising, recruiting and gaming affected. These redundancies are part...