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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May 8, 2026
Coinbase Restructures: Cuts 14% Workforce, Embraces AI-Driven Leadership
Coinbase is axing 14% of its workforce as it ditches 'pure managers' for AI-driven roles. Expect leaner, AI-backed 'player-coaches' managing larger teams. This shift could be risky, but also transformative for those adapting quickly.
May 7, 2026
Meta's Agentic AI Assistant Set to Shake Up User Experience
Meta is launching an 'agentic' AI assistant designed to tackle tasks autonomously across its platforms. This move puts Meta in a competitive race with AI giants like Google and Apple. Builders in AI should watch how this could alter app ecosystems and user interactions.
May 6, 2026
OpenAI Celebrates AI Innovators: Meet the Class of 2026
OpenAI honors 26 students with $10K each for AI projects as part of the inaugural ChatGPT Futures Class of 2026. These young builders, who embraced AI during their college years, have crafted solutions in education, mental health, and accessibility. It's a nod to AI's role in lowering barriers for ambitious projects.