A Baltimore man started an income-sharing club after the DOGE job cuts. It's redistributed over $20,000 so far.

Tech Insider : Economy, Business, Politics
Alex Zhu
Alex Zhu founded the Baltimore Community Guaranteed Income Club in 2025.

Alex Zhu

Apollo's chief economist says he sees 'zero evidence' of AI-related job losses, even as CEOs cite the tech in layoffs

Tech Insider : Economy, Business, Crypto
Torsten Slok of Apollo Global Management
Torsten Sløk is the chief economist at Apollo Global Management.

Bloomberg/Bloomberg via Getty Images

One way companies are making AI backlash worse

Tech Insider : Business, Technology
Job seekers wait in line to enter an auditorium for a job fair hosted by the Cook County government to support federal workers in Chicago, Illinois, US, on Thursday, June 26, 2025.
CEOs often tell workers to embrace AI, yet sometimes cite the technology when cutting jobs.

Jamie Kelter Davis/Bloomberg via Getty Images

Companies laying off staff this year include Meta, Amazon, and Groupon — see the list

Tech Insider : Business, Crypto, Technology
Walmart sign in front of a cluster of palm trees
Walmart announced job cuts in a May memo to employees.

Erik McGregor/LightRocket via Getty Images

14 companies that have said they're doing AI-related layoffs

Tech Insider : Business, Crypto, Technology
Jack Dorsey, Marc Benioff, Arvind Krishna
Block CEO Jack Dorsey, Salesforce CEO Marc Benioff, IBM CEO Arvind Krishna (left to right).

Joe Raedle/Getty Images, AP Photo/Markus Schreiber, Sajjad Hussain/Getty Images

I'm a former HR leader at Capital One and Wayfair. You should know these 5 things about negotiating severance.

Tech Insider : Business
Sara Perelli-Minetti
Sara Perelli-Minetti runs an executive compensation coaching company.

Sara Perelli-Minetti

Wix is laying off 20% of staff. Read the memo — and yes, it mentions AI.

Tech Insider : Business
Wix CEO Avishai Abrahami.
Avishai Abrahami, the CEO of Wix.

AI

Nvidia's Jensen Huang says CEOs who blame AI for layoffs are giving a 'lazy' excuse

Tech Insider : Business, Technology
Nvidia co-founder and CEO Jensen Huang.
Nvidia CEO Jensen Huang says blaming AI for layoffs is "lazy."

I-Hwa Cheng/AFP/Getty Images

Here's how CEOs can talk about layoffs without saying 'lower-value human capital,' 3 PR experts say

Tech Insider : Business, Crypto, Economy
Bill Winters, chief executive officer of Standard Chartered Plc, during a Bloomberg Television interview in London, UK, on Tuesday, Feb. 24, 2026.
Bill Winters used the phrase "lower-value human capital" to refer to employees he was planning to lay off.

Bloomberg/Getty Images

'I got drafted': Inside Meta's push to move 7,000 staff into its AI task force

Tech Insider : Business, Technology
Meta CEO Mark Zuckerberg
Meta CEO Mark Zuckerberg.

Bloomberg/Getty Images

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