Reuters: Exclusive-LinkedIn planning to lay off 5% of staff in latest tech-sector cuts, source says. “The Microsoft-owned social network plans to cut about 5% of its headcount ​as it reorganizes teams and focuses personnel on areas where its business is growing, said one of the people, on condition of anonymity.”

Cisco is initiating a corporate restructuring that will result in layoffs of almost 4,000 of its employees.

https://www.computing.co.uk/news-network/2026/cisco-to-cut-nearly-4-000-jobs-in-restructuring-push-around-ai-security?utm_source=mastodon_org&utm_medium=post&utm_campaign=May_Cisco

#layoffs #cisco #jobcuts #technews #ai #quantum

Goop Sheds Staff Amidst AI Pivot and Profitability Woes

Why is Goop laying off staff in May 2026? Learn how the wellness brand is cutting jobs to use AI and address ongoing profitability issues.

#goop, #gwynethpaltrow, #jobcuts, #aiworkforce, #businessnews

https://newsletter.tf/goop-layoffs-may-2026-ai-pivot/

Goop has started a new round of job cuts today, 13 May 2026. This follows a difficult period where growth in their beauty division slowed to 21 percent.

#goop, #gwynethpaltrow, #jobcuts, #aiworkforce, #businessnews
https://newsletter.tf/goop-layoffs-may-2026-ai-pivot/

“We remain steadfast in our commitment to addressing #CSIRO's #sustainability over the long term and are grateful for the #government's significant investment to help us progress towards this goal,"

VS

“ #Australia's national #science agency CSIRO will persist with #JobCuts of up to 350 roles despite an extra $387.4 million in funding announced today by the federal government…. The national science agency, which helped invent #WiFi, #PlasticBankNotes, #Aerogard and the #HendraVirusVaccine, has already seen more than 800 #positions slashed in the past two years.”

#NationalPriorities / #LongTerm / #strategy <https://abc.net.au/news/2026-05-09/act-csiro-job-cuts-despite-387-million-funding-injection/106661728>

The Register: AI layoffs backfire as cutting staff doesn’t cut it, firms warned. “New research from Gartner lays out the problem in stark terms. The analyst firm surveyed 350 global businesses – all with annual revenues above $1 billion, all piloting or deploying intelligent automation – and found that around 80 percent had cut staff as a result. The returns? Elusive. Companies that reduced […]