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News
Oracle to Spend an Additional $700 Million on More Job Cuts
1+ day, 3+ hour ago (29+ words) Oracle Corp. increased the scale of its planned job cuts while the company grapples with a cash crunch tied to development of large-scale data centers for artificial intelligence work....
Stephen A. Smith and Skip Bayless confirm ESPN First Take reunion: ‘You’re back, my brother’
21+ hour, 30+ min ago (33+ words) Skip Bayless is officially returning to ESPN, and will join Stephen A. Smith in a recurring role that begins later this month. Smith confirmed the news of their reunion on Friday afternoon, while......
Mark Zuckerberg’s Meta bet that AI would shrink its management ranks. Now it’s quietly rebuilding them
15+ hour, 24+ min ago (95+ words) The company that spent the past year telling managers to code is now asking some engineers in a key AI division whether they'd like to lead teams again....
For the US news industry, a tough summer draws to a close with McClatchy chain’s cuts
12+ hour, 25+ min ago (455+ words) “We are waist-deep in the quicksand and we are still sinking,” Carol Marbin Miller, deputy investigations editor of The Miami Herald, said in a phone interview. “Miami is the biggest city in Florida,” Marbin Miller said. “Florida is a crucial…...
Uber Cut 3,300 Corporate Jobs, CEO Promises Cheaper Rides
13+ hour, 9+ min ago (458+ words) Khosrowshahi pledges cheaper fares from $2 billion in savings, but a near-$1 billion GDPR fine and robotaxi bets cloud the math Uber is cutting 3,300 corporate jobs, roughly 10% of its global workforce, and CEO Dara Khosrowshahi wants you to believe your next…...
Microsoft communications chief Frank Shaw steps down after 29 years
14+ hour, 59+ min ago (321+ words) Microsoft’s longtime communications chief Frank Shaw is stepping down after nearly 29 years with the company, marking the end of a career that helped shape its public voice through major industry and business changes. Shaw, who has served as Chief Communications…...
Oracle may cut more jobs as AI data center spending puts pressure on cash
15+ hour, 27+ min ago (544+ words) Oracle is back with another round of layoffs. The software giant is once again facing growing speculation over job cuts as it tries to control costs while spending billions of dollars to expand its artificial intelligence infrastructure. Oracle expects its…...
Stan Verrett on the 'fantastic' feeling of being back at ESPN
16+ hour, 40+ min ago (515+ words) Some might have been surprised to see Stan Verrett back in ESPN’s orbit, but not him. Verrett, who left the Worldwide Leader last year, has returned as host of NFL Total Access on NFL Network. NFL Total Access originally ended…...
Oracle has set aside $700M more for job cuts it has not made yet
16+ hour, 55+ min ago (107+ words) Oracle raised its restructuring cost to $2.8bn for cuts it has not made yet. Two thirds of its staff are outside the US, where the clock is statutory....
AI Job Displacement Statistics by Industry 2026
17+ hour, 22+ min ago (1255+ words) Technology has announced 155,126 cuts through August 2026, more than the next three industries combined. Transportation ranks second at 42,279. Challenger reports that twenty of the 30 industries it tracks announced fewer cuts than at the same point in 2025. The increases sit in Technology,…...