Meta to reportedly lay off 10% of Reality Labs staff
Meta is laying off 10% of staff in its Reality Labs division, which is core to developing the company’s VR and metaverse products.
Layoffs
Investors predict AI is coming for labor in 2026
The exact impact AI will have on the enterprise labor market is unclear but investors predict trends will start to emerge in 2026.
VSCO lays off 24 staff as its consumer business suffers
In an internal memo seen by TechCrunch, VSCO’s CEO Eric Wittman said the company’s consumer business had declined more than expected, and some of its new growth initiatives didn’t yield the expected results.
Cybersecurity firm Deepwatch lays off dozens, citing move to “accelerate” AI investment
Deepwatch’s CEO told TechCrunch that the layoffs allow the company to accelerate investments in “AI and automation.”
Amazon to cut 14,000 corporate jobs
Amazon said on Tuesday that it plans to reduce its corporate workforce by 14,000 jobs as it seeks to reduce bureaucracy, remove layers and invest more in its AI strategy.
Amazon reportedly plans to cut around 30,000 corporate jobs
Amazon could be planning to cut up to 30,000 corporate positions starting on Tuesday.
Meta cuts 600 AI jobs amid ongoing reorganization
Meta continues to restructure its AI efforts after poaching more than 50 researchers from competing labs this summer.
Rivian makes its second small workforce cut of the year ahead of R2 SUV launch
The company previously laid off around 140 workers in its manufacturing division in June.
Verily is closing its medical device program as Alphabet shifts more resources to AI
Alphabet’s life sciences arm Verily laid off staff and eliminated its entire devices program as AI and data infrastructure take center stage.
Scale AI lays off 14% of staff, largely in data-labeling business
Scale AI is cutting 14% of the company just weeks after Meta invested $14.3 billion in the startup and hired away its CEO.