JOB CUTS
'Most actors starve otherwise': '7th Heaven' star Jeremy London reveals he cuts trees and lays stone between acting roles after a plea for work went viral
The reason Jeremy London mentioned that was because of a difficult situation that had involved his boss. He had asked his followers to contact his boss as he was reportedly experiencing a possible mental health crisis. Jeremy London asked his followers to help his boss find job opportunities and accommodation.
Is Jeremy London homeless? Mallrats actor breaks silence after his ‘I am not ok’ post goes viral: ‘I was in shock…’
Speculations regarding the Mallrats actor's joblessness and potential homelessness intensified after he expressed worries about his work and living situation on X. The actor disclosed that his employer seemed to be going through a significant personal crisis, causing him to be concerned that the issue might jeopardise both his employment and housing.
Susie Wiles, fired by Trump as his chief of staff, was diagnosed with cancer in March and continued to work at the White House throughout her treatment
President Donald Trump has appointed Stephen Miller as the new chief of staff after Susie Wiles' resignation. Wiles resigned following the Republican Party's losses in the midterm elections, having served during her cancer treatment. She expressed pride in her contributions towards various achievements in her role. Acknowledging Wiles' strength, President Trump had previously supported her during her health challenges.
Tech layoffs were just the start: 1.6 million more US job cuts could push America toward recession
US technology layoffs have crossed 200,000 in 2026, with Google, Microsoft, Amazon and other major companies cutting jobs. But the bigger concern is whether the trend will spread to retail and financial services, where another 1.6 million job losses could push unemployment higher and raise fears of a US recession.
US employers added a surprising 165,000 jobs in October; unemployment rate dipped to 4.1%
US employers added 165,000 jobs last month, surpassing economists' expectations and bringing the unemployment rate down to 4.1%. The Labor Department also revised previous months' job figures upwards, indicating stronger hiring trends.
Canva layoffs 2026: CEO Melanie Perkins plans to give away 80% of her billion-dollar fortune as company announces 22% job reductions
Canva CEO: Canva CEO Melanie Perkins has drawn attention amid the company's decision to cut 1,271 jobs, affecting 22% of its workforce. Perkins has also pledged to donate more than 80% of her wealth to charity. The billionaire co-founder, who built Canva from a small start-up into a $42 billion company, signed The Giving Pledge with her husband Cliff Obrecht in 2021.
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Canva layoffs: CEO Melanie Perkins calls job cuts ‘hardest moment’ in company's history, says ‘deeply sorry’. Read full letter
Canva Group, recognized as a prominent Australian graphic design platform, is set to undergo significant changes with a restructuring plan that impacts its workforce. The company has announced the elimination of 1,271 jobs, representing about 22% of its total employees. After a decade of steady growth, this move aims to optimize operations.
US weekly jobless claims at 57-year lows amid low layoffs
Initial claims for state unemployment benefits fell 6,000 to a seasonally adjusted 189,000 for the week ended October 31, the Labor Department said on Thursday. Economists polled by Reuters had forecast 196,000 claims for the latest week.
After laying off thousands, Meta now offers voluntary exit packages like Google and Microsoft. Here's all you need to know
Meta has launched a voluntary exit programme in France, designed to reorganize its team while pivoting towards artificial intelligence development. This attractive package includes severance pay, mobility leave, and extensive career support for transitioning employees. This initiative reflects a growing trend in the tech industry, as companies like Google and Microsoft are also adopting similar voluntary separation strategies. Employees wishing to participate must apply by November 5.
Russia's service sector stagnates, output rises marginally in October
Russia's service sector showed minimal growth in October, with a decrease in orders for the first time in three months. New businesses also fell, indicating a concerning trend amid declining export demand. Employment exhibited a marginal increase after a prolonged period of job cuts across the economy. Input cost inflation rose as firms adjusted selling prices to manage higher costs.
Canva layoffs: Top manager feels ‘deja vu’, urges colleagues to ‘to be kind’ after 1,271 job cuts
Canva employee Artemi Ollin says the company's decision to cut 1,271 jobs feels like “déjà vu” after he experienced layoffs at Google. In a LinkedIn post, he urged affected colleagues to prioritise their wellbeing and encouraged remaining employees to offer support through referrals, recommendations or simply a kind word. Canva is restructuring after growth slowed.
Canva to cut about 22% of staff as growth slowdown triggers restructuring
Australian graphic design platform Canva Group said on Wednesday it would cut 1,271 jobs, or about 22% of its workforce, as part of a restructuring after growth slowed for the first time in a decade.
US midterms: JD Vance says administration fought replacement of American workers with lower-wage foreign employees
US Vice President JD Vance highlighted the Trump administration's actions to combat visa fraud and safeguard American jobs. He emphasized that American employment should be prioritized for citizens over foreign workers to ensure sovereignty. Meanwhile, disruptions during the 2026 midterm elections in North Carolina caused polling hours to be extended across several precincts.
Mark Cuban shared rent with 5 roommates at 24, survived on canned food before becoming a billionaire; here's how he managed his expenses
Cuban recalled that his credit cards were taken away during that period and his food expenses were extremely limited. He even survived on canned food, instant ramen and peanuts. He said that he learned about business by observing his bosses and their superiors, using his early jobs to understand how businesses operated.
Disney weighs sweeping layoffs, with thousands of jobs at risk as CEO Josh D'Amaro targets 20% cost cuts
Walt Disney is reportedly considering cutting thousands of jobs as part of a cost-saving restructuring initiative. The company's leadership has requested managers to identify 20% in annual cost savings. This decision follows challenges including reduced box office revenue and increased competition in streaming. Disney aims to reallocate some of the savings into film, TV programming, and theme park ventures.
Canva may announce another round of layoffs in November, report claims; hiring freeze also possible
Canva appears to be bracing for possible layoffs or a hiring freeze after recently downsizing their team by cutting 32 employees from the technical content department. Although user growth surged in 2025, the company has drastically revised its revenue forecasts for 2026. CEO Melanie Perkins noted that projections have not met earlier expectations but underscored their commitment to an AI-driven strategy.
HSBC to open Hong Kong AI Institute following Singapore launch
The AI unit will work with Hong Kong University of Science and Technology as its anchor academic partner, Elhedery said, though he did not disclose headcount details.
Alaska Air to cut 200 jobs, warns of potential $700 million annual loss
Alaska Air Group will eliminate approximately 200 non-contract positions due to significant financial pressures. Rising fuel prices and other challenges have led to concerns about potential losses this year. The company's chief executive warned of an anticipated $700 million annual loss under current conditions. Affected employees will receive pay and support until the end of December.
Qualcomm job cuts in November: How many employees could lose their jobs and when will it be announced?
Qualcomm is set to implement further layoffs in November, as indicated by a memo from CEO Cristiano Amon. This decision, expected to impact 3% to 6% of the workforce in India and similar proportions worldwide, aims to boost performance and tackle unmet expectations. Amid challenges in the consumer electronics sector, the company is shifting focus towards expansion in data centers and AI technologies for stronger business diversification.
Amazon layoffs to 'improve efficiency': What they mean for employees & how they compare with job cuts at Microsoft, Netflix and Oracle across Big Tech
Amazon layoffs: Amazon has cut around 250 jobs in its devices and services division, primarily in software development, as it looks to streamline operations and align staffing with product priorities. The latest layoffs add to more than 31,000 job cuts announced across several rounds since October 2025, including reductions in its retail business. The move comes amid wider workforce changes at tech giants such as Microsoft, Netflix and Oracle, as companies reassess costs and investment priorities.
AI can perform the work of 10 people, says Zoho’s Sridhar Vembu, warns of headcount impact
Sridhar Vembu, the visionary behind Zoho, raises alarms regarding the transformative role of AI on computer-related jobs. He posits that one AI-empowered individual might outperform several workers. While acknowledging impending job cuts, he is optimistic about fresh opportunities opening across different sectors. Vembu also points out the soaring costs tied to AI technologies, urging companies to pivot swiftly.
Zoho’s Sridhar Vembu sees a painful rebalancing of jobs in the AI age
Sridhar Vembu expressed concerns regarding the impact of artificial intelligence on computer-based employment. He indicated that AI could allow one person to perform the work of ten. Despite this productivity gain, he mentioned that not everyone would lose their jobs.
Amazon announces second round of layoffs this month, cuts 250 jobs in devices unit
Amazon has confirmed a new wave of layoffs, impacting approximately 250 workers within its devices division. Just weeks ago, the company cut around 1,000 positions from its core retail sector. These reductions aim to enhance operational efficiency and align with future product strategies. Meanwhile, both Microsoft and Dropbox have joined the trend, recently announcing their own workforce cuts amidst a tech industry facing widespread layoffs in 2026.
US Senator Bernie Sanders slams Microsoft for slashing 60,000 jobs, stirs online debate
Microsoft announced on October 26that it is introducing a voluntary exit programme targeting eligible employees in the US, Canada, India, and the UK, joining the list of other tech giants that have announced job cuts due to the rise of artificial intelligence.
Microsoft voluntary retirement scheme: What happens if employees say no to the exit offer?
Microsoft has announced a voluntary exit programme allowing approximately 60,000 employees to leave the company with support. The offer includes severance benefits based on length of service and internal level. Employees have until the first week of December 2026 to accept the programme. Microsoft clarified that this initiative does not replace potential layoffs in the future. The company aims to adjust its workforce as business conditions evolve.
'Involuntary entrepreneur era': Tech veteran's warning to IT workers as Microsoft offers buyouts to 60,000 employees
Microsoft’s voluntary buyout offers to around 60,000 employees have raised concerns about job security across the technology sector. Tech veteran Maureen Wiley calls this the “Involuntary Entrepreneur Era”, warning workers to prepare for career uncertainty. The latest programme follows earlier retirement packages and 4,800 job cuts, as Microsoft increases artificial intelligence spending and manages workforce costs.
Layoffs: Microsoft, Amazon, HP among companies reducing staff due to AI push
Recent developments reveal that leading tech firms like Microsoft and Amazon are making substantial job cuts due to the rise of AI technologies. Microsoft has launched a voluntary exit program that may impact approximately 60,000 employees globally. Meanwhile, Amazon has laid off around 30,000 workers as part of a restructuring effort driven by AI advancements.
Former Microsoft employee tells wife he was lucky to be fired from tech sector in 2022. What is he doing now?
Former Microsoft employee Ian Yong Hoe Tan says he feels fortunate to have been retrenched in late 2022, amid growing concerns about AI-driven job losses. Reacting to Microsoft’s voluntary buyout offers for around 60,000 employees, he said the development left him shaken. Tan now works as a lecturer at Nanyang Technological University in Singapore.
Westpac's latest job cuts not AI-driven, spokesperson says
Westpac is set to eliminate approximately 140 positions as part of a restructuring effort. The Finance Sector Union highlights that the banking industry has seen over 10,000 job losses in recent years. A spokesperson for Westpac clarified that these cuts are not linked to advancements in AI technologies. This follows similar job reduction announcements from National Australia Bank, as the unemployment rate in Australia rises and the labor market softens.
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