Topic
Layoffs
Why Performance Improvement Plans Became a Quiet Layoff Tool
Formal performance write-ups are up nearly 30% since 2020. Workplace experts say performance improvement plans increasingly chart a documented path to a layoff, not a rescue.
Oracle Cut 21,000 Jobs in a Year as It Funnels Cash Into AI
A securities filing shows Oracle’s headcount fell to 141,000 from 162,000 in a year. The company named its own AI as a factor while pouring billions into data centres.