Jun 14, 2026
Bay Area Tech Layoffs Hit 9,284 in 2026, Already Topping H1 2025
Bay Area tech companies have cut 9,284 jobs so far in 2026, already surpassing the roughly 4,700 cuts from the first half of 2025. The latest wave includes 370 positions across ServiceNow, Salesforce, Ubisoft, Quizlet, and Verily Health.
Jun 14, 2026
Meta Engineers Call AI Unit a ‘Gulag’ as Zuckerberg Admits Mistakes
Meta funneled 6,500 engineers into a new Applied AI unit three months ago. Now workers call it 'the gulag,' a livestream was hijacked by a furious employee, and Mark Zuckerberg is in damage-control mode, admitting the company made mistakes and ruling out more layoffs for 2026.
Jun 9, 2026
AI Drives 40% of US Job Cuts in May as 97,000 Positions Eliminated
AI was cited as the primary reason for 40% of all US job cuts in May 2026, according to the Challenger Report, with 97,006 positions eliminated overall. A separate Mercer survey found 99% of CEOs expect AI-driven layoffs within two years, as the technology sector alone shed 38,242 jobs — the highest monthly total since August 2024.
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Apr 24, 2026
OpenAI Shifts Focus Amid Fierce Competition: Inside Sam Altman's Strategic Pivot
OpenAI, pressured by rivals like Anthropic and Google, trims non-core projects to boost financial discipline. Under Sam Altman's leadership, the company concentrates on monetizable AI tools amid IPO plans. The challenge: balancing innovation with revenue demands.
Apr 23, 2026
Amazon Seeks to Uphold Injunction Against Perplexity's Comet AI
April 2026: Amazon appeals to a US court to maintain an injunction against Perplexity, blocking its Comet AI from accessing secured parts of Amazon's site. This legal tug-of-war highlights ongoing tensions over AI's role in data access.
Apr 22, 2026
Anthropic Outspends OpenAI in Record-Breaking AI Lobbying
Anthropic spent $1.6 million on lobbying in Q1 2026, outpacing OpenAI's $1 million. Both companies saw significant year-over-year increases, marking a rapid adaptation to traditional Big Tech lobbying norms. AI firms are now at the forefront of political spending in Washington, signaling a shift in their strategy and influence.