Google DeepMind CEO Demis Hassabis says the AI industry still needs engineering talent despite ongoing layoffs across the broader technology sector.
Major tech companies are cutting over 20,000 jobs as AI investments reshape business priorities and workforce strategies.
Oracle may cut thousands of jobs as rising data centre and AI infrastructure costs pressure technology companies expanding cloud computing capabilities.
Salesforce executives acknowledge challenges in AI-led automation following workforce reductions, highlighting the limits of replacing human roles with AI agents.
Meta announces layoffs affecting 600 employees in its AI division as part of a major restructuring and renewed focus on strategic priorities.
Google Cloud has laid off 100 employees from design and research teams as it shifts resources to AI infrastructure and future-focused projects.
