job layoffs

Netflix Inc (NASDAQ: NFLX) is giving its film group a revamp in the form of consolidation. The streaming giant also wants to focus on making fewer but better films going forward. What Happened: Netflix is set to combine units that make small and midsize films, which will...

Are people’s concerns about artificial intelligence replacing the human workforce becoming a reality? What Happened: Tech website CNET is reportedly laying off a significant number of employees after news surfaced that it uses AI to generate articles. CNET is firing several employees,...

Cryptocurrency exchange OKX is considering a potential workforce reduction, a company spokesperson said. The OKX spokesperson declined to reveal the exact number of the potential layoffs, but stated it may effect less than 1% of OKX's global workforce. Employees that will be...