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Tag: cut staff

Tech titans assemble to decide which jobs AI can cut first

Of all the tech CEOs touting AI's potential to empower workers, IBM CEO Arvind Krishna has been among the most vocal about its ability...

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China Wants AI Chatbots To Follow Communist Party Censorship Rules

Mark Zuckerberg may have popularized the term “metaverse”, but the Meta founder and CEO may no longer be pitching the metaverse to users and...

Users Hype Whisper JAX as Fastest Speech-to-Text API

Mark Zuckerberg may have popularized the term “metaverse”, but the Meta founder and CEO may no longer be pitching the metaverse to users and...

News Outlets Struggle to Apply Copyright Law Against ChatGPT

Mark Zuckerberg may have popularized the term “metaverse”, but the Meta founder and CEO may no longer be pitching the metaverse to users and...

Generative AI Arms Race Heats Up as Meta Get Building

Mark Zuckerberg may have popularized the term “metaverse”, but the Meta founder and CEO may no longer be pitching the metaverse to users and...

Generative AI Arms Race Heats Up as Meta Gets Building

Mark Zuckerberg may have popularized the term “metaverse”, but the Meta founder and CEO may no longer be pitching the metaverse to users and...

Crypto bank Anchorage Digital cuts 20% of staff citing regulatory uncertainty

Crypto bank Anchorage Digital announced it would be letting go of 75 employees, representing approximately 20% of its workforce, citing regulatory uncertainty in the...

Chinese Tech Giants Tencent and Bytedance Plan Cuts in Their Metaverse Divisions

According to reports, Tencent and Bytedance, two Chinese tech giants, are planning to execute a significant number of job cuts in their metaverse...

Filecoin developer Protocol Labs cuts 21% staff amid ‘crypto winter’

Protocol Labs, creator of decentralized storage network Filecoin, is joining a growing list of cryptocurrency and Web 3.0 firms to cut staff, as the...

Filecoin Creator Protocol Labs Announces Layoffs Amid Crypto Winter and Economic Downturn

Protocol Labs CEO Juan Benet published a blog post on Friday announcing that 21% of the company’s staff will be laid off. Protocol...

Crypto Winter Effect Stays Strong, Coinbase Announces Layoffs

Coinbase announces more layoffs to kick off the new year. In June 2022, the exchange let go of 1,100 employees. Now, the exchange...

SBF pleads not guilty, crypto layoffs, and bank run on Silvergate: Hodler’s Digest, Jan. 1-7

Top Stories This Week Sam Bankman-Fried enters not guilty plea for all counts in federal court Former FTX CEO Sam Bankman-Fried (has pleaded not...

Huobi confirms 20% layoffs, denies insolvency rumors

Huobi cryptocurrency exchange has confirmed plans to lay off 20% of its employees as part of the ongoing restructuring following Justin Sun’s acquisition of...

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