On today's 'Daily Variety,' AI collides with Big Tech jobs as layoff notices fly; indie streamer Dropout raises its price -- ...

Major tech giants, including Amazon, TCS, Intel, and Google, are leading the chart with the largest number of reductions.

Most jobs at risk are entry-level, white-collar roles that can be performed more easily by computers, a World Economic Forum analysis found. The org cited research estimating that AI could replace 53% ...

IBM plans to lay off over 2,700 employees in late 2025, joining Microsoft, Amazon, Google, Meta, and Salesforce in major tech ...

As Salesforce and Oracle implement significant layoffs in their customer support teams and as part of restructuring plans, ...

Some experts believe AI will create enough new roles to offset job losses, but that could depend on how policymakers and ...

Amazon's announcement of 14,000 layoffs boosted its shares by 11.6%, signalling a shift from job preservation to ...

Cathie Wood and Warren Buffett rarely buy the same stocks, but this budding AI powerhouse is a rare exception.

Last week brought a bloodbath of layoffs at some of the major corporations most poised to replace human beings who once ...

When asked if there was a way to progress in AI without eliminating thousands of jobs, Hinton responded bluntly: “I believe ...

IBM is embracing the AI revolution and moving forward with its plans to modernize its workforce to the tune of 8,000 layoffs.

Nobel Laureate Geoffrey Hinton, who is known as the ‘Godfather’ of AI, has claimed that in the coming years, people like Elon Musk will get richer as AI advances. On the other hand, millions of people ...