The company, which owns the social media app Snapchat, said it was laying off about 1,000 employees as it increases its reliance on artificial intelligence.
Category: Layoffs and Job Reductions
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March Jobs Report Shows Stronger U.S. Market Than Expected With 178,000 New Positions
The New York Times – Business:Payrolls expanded and unemployment dropped last month after a health care strike ended and a harsh winter abated.
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Epic Games Lays Off Over 1,000 Employees, Citing Fortnite Slump
The New York Times – Business:The cut represents about 20 percent of the video game company’s work force, a spokeswoman said.
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‘A Lot of Life Years Lost’: How NAFTA Shortened American Life Spans
The New York Times – Business:A study tracks how the North American Free Trade Agreement and trade competition with Mexico led to earlier deaths for American factory workers.
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Coders Coded Their Job Away. Why Are So Many of Them Happy About It?
The New York Times – Business:In the era of A.I. agents, many Silicon Valley programmers are now barely programming. Instead, what they’re doing is deeply, deeply weird.
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Abrupt Change for Warner Bros. Prompts Many Grim Faces
The New York Times – Business:Employees at the company had started to warm to the idea of Netflix as its corporate owner. Now they face the prospect of major cuts under Paramount.
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Block Cuts 40% of Its Work Force Because of Its Embrace of A.I.
The New York Times – Business:About 4,000 workers will lose their jobs as the payments company does more work with new artificial intelligence tools, its top executive said.
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Blaming Tariffs, Aston Martin to Trim 20% of Its Work Force
The New York Times – Business:The luxury automaker said losses for 2025 had increased from the year before, as tariffs and geopolitical uncertainty take a toll on its operations.
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New York Nurses’ Strike Ends After 6 Weeks as Last Holdouts Approve Deal
The New York Times – Business:Workers at NewYork-Presbyterian/Columbia hospital voted for a contract with raises and layoff protections, meaning more than 4,000 nurses will return.
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Vaccine Makers Curtail Research and Cut Jobs
The New York Times – Business:Federal policies under Robert F. Kennedy Jr. that are hostile to vaccines have “sent a chill through the entire industry,” one scientist said.
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Laid-Off Battery Plant Workers Pin Blame on Ford, not Trump, for Lost Jobs
The New York Times – Business:Ford Motor shut down a battery factory and laid off 1,600 workers after President Trump and Republicans gutted government support for electric vehicles.
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Washington Post Plans Cuts to Reshape Newsroom
The changes are expected to include significant layoffs in areas like sports and international coverage.