Meta cuts 700 jobs as it dangles up to $921 million for top executives in AI push
Meta laid off about 700 employees on Wednesday, with cuts concentrated in Reality Labs as well as parts of recruiting,...
Employees
OpenAI targets 8,000 staff as AI competition heats up
OpenAI plans to almost double its workforce to about 8,000 employees by year’s end as it ramps up its enterprise...
Crypto.com cuts 12% jobs, bets big on AI
Crypto.Com has laid off about 12% of its workforce, cutting roughly 180 jobs from its 1,500 employees, as it shifts...
Jack Dorsey’s Block brings back a few workers after mass layoffs
At least four Block employees have rejoined the company after being cut during the firm’s sweeping workforce reduction in February....
Elon Musk removes more xAI founders during restructuring ahead of potential IPO
Elon Musk has forced out additional xAI co-founders and employees as the startup reorganizes after being acquired by his aerospace...
OP Labs cuts 20 employees as Ethereum L2 developer narrows strategic focus
OP Labs, the development company behind the Ethereum layer 2 network Optimism, has let go of 20 employees as part...
Block (XYZ) Surges 25% After Slashing Workforce by Over 40% and Raising Profit Outlook
Block, Inc. will cut more than 4,000 employees, reducing its workforce by nearly half as the company restructures around artificial...
ZachXBT alleges Axiom staff members abused internal access for insider trading
ZachXBT has alleged that Axiom employees exploited internal tools to track private user wallets to gain unfair trading advantages.Source: ZachXBT...
Backpack Exchange Founded By Ex‑FTX Staff Reaches $1 Billion Valuation, Announces Token Plan
Backpack, founded by former FTX employees, secures a reported $1 billion valuation and unveils a staged 1‑billion‑token launch tied to...
