Your company's AI spending spree could cost you your job

Tech Insider : Economy, Economy
Mark Zuckerberg (left) and Sundar Pichai (right).
Meta CEO Mark Zuckerberg (left) and Google CEO Sundar Pichai (right) have both cited AI investments as a reason for layoffs at their companies.

Johannes Simon via Getty Images; Boris Streubel via Getty Images

Another nail in the coffin for 'Summer Fridays'

Tech Insider
PwC logo on the facade of one of it's office buildings in front of a blue sky.
PwC has gradually decreased its Summer Fridays perk in recent years.

NurPhoto/Getty Images

Read Intuit CEO's message announcing over 1,000 layoffs due to performance — but the company is hiring 1,800 in areas like AI

Tech Insider
Off white Intuit building with gate around it
Intuit's CEO Sasan Goodarzi wrote in a letter to employees that 1,050 of the 1,800 staff cuts were due to employees not meeting expectations, according to an SEC filing published Wednesday.

Justin Sullivan/Getty

Dyson is laying off about 1,000 workers amid 'fierce and competitive global markets'

Tech Insider
James Dyson
Founder James Dyson at the opening of a Dyson store in Berlin in October 2023.

Sebastian Reuter/Getty Images

Paramount co-CEOs tell workers it's 'business as usual' — and remind them that there'll be layoffs

Tech Insider
Paramount on building

PATRICK T. FALLON/Getty Images

A millennial making $350,000 a year through overemployment says he only worked 50 hours a week

Tech Insider : Economy, Economy
overemployed remote worker
A Texas millennial is making six figures by secretly working two remote jobs, but he said it's taken a toll on his health and relationships. The worker in the story is not pictured.

nicolesy/Getty Images

CEOs from Mark Zuckerberg to Sundar Pichai explain why companies are making cuts this year

Tech Insider
Mark Zuckerberg side by side Sundar Pichai
Mark Zuckerberg and Sundar Pichai have attributed some layoffs to pandemic over-hiring.

Anna Moneymaker/Justin Sullivan/Getty

Patagonia gave 90 staff a choice — relocate across the US or leave the company. They've got 3 days to decide.

Tech Insider
Patagonia logo
The Patagonia logo is a status symbol for tech workers and mountaineers alike.

Michael M. Santiago/ Getty

Why Gen Z college graduates are having a harder time finding jobs in a strong labor market

Tech Insider : Economy, Economy
young college graduates can't find jobs
Recent college graduates are having a harder time finding jobs, and this could have a lasting impact on some of their earnings and careers.

skynesher via Getty Images

I've applied for nearly 200 jobs and can't get hired. I always thought I could fall back on a 'bridge job' stocking shelves — I was wrong.

Tech Insider
A person on the edge of a bridge with money on the other side
"Bridge jobs" are in-person roles in the service industry, many of which pay very low wages.

simonkr/Getty, Tyler Le/BI

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