STANCHART, META CUT JOBS IN AI OVERHAUL
Standard Chartered plans to eliminate nearly 8,000 support roles over four years as it scales AI applications, while Meta reassigns 7,000 workers to artificial intelligence positions.
Standard Chartered plans to eliminate close to 8,000 support roles over the next four years, scaling practical uses of A…
In a memo to employees, CEO Sasan Goodarzi said the layoffs are meant to reduce complexity, simplify the company's corpo…
Katie Paul / Reuters: Internal memo: Mark Zuckerberg told employees that he does not expect more company-wide layoffs th…
Article URL: https://techcrunch.com/2026/05/20/intuit-to-lay-off-over-3000-employees-to-refocus-on-ai/ Comments URL: htt…
Meta lays off around 10 percent of its total staff as it pivots toward AI.
Axios: Sources: Trump delayed signing the AI EO because “he just hates regulation”; he spoke with Mark Zuckerberg, Elon…
Washington Post: Sources: last-minute calls with Elon Musk, Mark Zuckerberg, David Sacks, and others helped persuade Pre…