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Microsoft is cutting 3,200 jobs and divesting five studios as part of a major restructuring of its Xbox division, signaling a significant shift in strategy.
Starling Bank is cutting 130 jobs as it restructures its operations to focus on AI integration and global expansion.
Volkswagen plans to cut 100,000 jobs—about 15% of its workforce—as it undergoes its largest restructuring in history. The move reflects broader challenges facing the European automotive industry amid the transition to electric and autonomous vehicles.
Oracle plans to cut thousands of jobs as it manages the financial burden of expanding its AI data center infrastructure. The move reflects broader industry challenges in balancing AI innovation with profitability.
