Business ❯ Corporate Strategy ❯ Restructuring ❯ Workforce Management

Layoffs

Xbox Announces 3,200 Job Cuts and Spins Off Four Studios

Leadership says the move is a profit-driven reset to simplify Xbox’s operations and fund higher-priority investments.

Zuckerberg Says Meta’s AI Agent Push Has Slowed

Lucid Overhauls C-Suite, Cuts 18% of U.S. Staff After Q2 Delivery Miss

Ubisoft Closes Winnipeg and Reportedly Shutters Belgrade as Up to 380 Roles Are at Risk

Dune Cuts 25% of Staff to Pivot to AI Tools and Institutional Data

Cloudflare Slashes 20% of Staff in Shift to Agentic AI-First Model

Disney Begins Cutting About 1,000 Jobs Under New CEO Josh D'Amaro

GoPro to Cut 23% of Jobs Under Board-Approved Restructuring

Oracle Begins Global Layoffs Tied to AI Data Center Push

Meta Cuts About 700 Jobs in AI Reorganization

Oracle Lifts 2027 Sales Target After Q3 Beat as AI Backlog Swells to $553 Billion

Papa John’s to Shut 300 North American Stores by 2027, Cuts 7% of Corporate Staff

Washington Post Cuts One-Third of Staff, Shutters Sports and Books, Scales Back Foreign and Metro Coverage

ARK Buys $1.93 Million of Amazon Stock Ahead of Q4 Results

Pinterest to Cut Under 15% of Staff in Board-Approved Restructuring Focused on AI

Verizon Begins 13,000 Job Cuts, Franchises 179 Stores in Schulman’s Overhaul

Accenture Q4 Tops Forecasts as It Starts $865 Million AI‑Focused Restructuring

SoftBank Vision Fund to Cut About 20% of Staff in AI Pivot

Novo Nordisk to Cut 9,000 Jobs in Global Restructuring

Intel Cuts 24,000 Jobs and Pauses European, Ohio Factory Expansions