Tag Archives: Job

Hundreds of Job Cuts Loom With Skydance Merger

Hundreds of Job Cuts Loom With Skydance Merger

Employees of Paramount Global have been through the wringer over the last year and a half. And the uncertainty hanging over their heads is far from over. After M&A talks with Skydance Media that started in late 2023 whipped back and forth, the parties in July 2024 announced they had reached a deal to merge. Then Paramount endured another year …

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Microsoft CEO Calls Job Cuts + Big Profits the ‘Enigma of Success’

Microsoft CEO Calls Job Cuts + Big Profits the ‘Enigma of Success’

Microsoft CEO Satya Nadella sent a note to employees on Thursday explaining why the company has cut thousands of jobs while generating huge profits and spending billions on AI. “This is the enigma of success in an industry that has no franchise value,” Nadella wrote. “Progress isn’t linear. It’s dynamic, sometimes dissonant, and always demanding. But it’s also a new …

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Inside the Private Layoff Groups Easing the Pain of Job Loss

Inside the Private Layoff Groups Easing the Pain of Job Loss

After getting let go from Meta in February, Shayna Moon accepted an invitation to a private LinkedIn chat where she recognized the names of its roughly 40 members. All were former colleagues who’d also been dismissed from the tech giant. Moon, who’d been laid off earlier in her career from Microsoft, said she shared tips with the group on how …

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OpenAI CEO tells Federal Reserve confab that entire job categories will disappear due to AI | Sam Altman

OpenAI CEO tells Federal Reserve confab that entire job categories will disappear due to AI | Sam Altman

During his latest trip to Washington, OpenAI’s chief executive, Sam Altman, painted a sweeping vision of an AI-dominated future in which entire job categories disappear, presidents follow ChatGPT’s recommendations and hostile nations wield artificial intelligence as a weapon of mass destruction, all while positioning his company as the indispensable architect of humanity’s technological destiny. Speaking at the Capital Framework for …

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Shark Tank’s Kevin O’Leary warns Gen Z this job is a slow ‘drift into hell’ that’ll make you unemployable for life

Shark Tank’s Kevin O’Leary warns Gen Z this job is a slow ‘drift into hell’ that’ll make you unemployable for life

Many business school students coming out of Stanford University, New York University, and the University of Pennsylvania are already stepping into their swanky Wall Street jobs. But multimillionaire investor Kevin O’Leary is urging his Harvard students to skip the typical consulting track—and build something of their own instead. “Look, if you want to drift into hell on Earth, stay 24 …

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