Job cuts

JLL retrenches some Singapore staff following restructuring

JLL Singapore has two offices – at Paya Lebar Quarter and CapitaSpring.

Meta and Microsoft have joined the tech layoff tsunami. Is AI really to blame?

Both Meta and Microsoft are making big investments in artificial intelligence (AI).

Struggling Nike will cut around 1,400 jobs

Nike sales have slumped in recent years as nimbler competitors like On, Hoka and Anta have overtaken it.

Snapchat parent cuts 1,000 jobs, citing AI efficiency

Job cut tracking platform Layoffs.fyi reported that more than 72,000 employees have been laid off by nearly 90 tech companies so far in 2026.

Britain’s BBC to cut up to 2,000 jobs under ‘financial pressures’

The reported cuts would be the biggest round of redundancies at the broadcasting corporation in almost 15 years.

Disney is cutting 1,000 jobs in first layoffs under new CEO

Hollywood workers have suffered through downsizing at every major studio in recent years as the movie industry struggles to bounce back to pre-pandemic levels.

Renault to axe up to 20% of engineers as competition from China heats up

The French automaker currently employs more than 11,000 engineers around the world.

‘Stop hiring humans’? Silicon Valley confronts AI job panic

More and more companies are directly citing AI in announcing job cuts.

Disney plans to cut 1,000 jobs, WSJ reports

Many of the layoffs will be made in Dsiney's marketing department, the report said.

Oracle begins layoffs affecting thousands, CNBC reports

The layoffs come amid Oracle’s aggressive push to ramp up spending on AI to better compete with rivals like Alphabet and Amazon that also offer cloud services.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.