Category : Search result: tech sector redundancies


Pharma Giant Cuts 9,000 Jobs in Major Restructure

A major pharmaceutical multinational has announced a drastic cost-cutting plan, putting 9,000 roles at risk globally. The move signals deepening turmoil within the industry, raising concerns for the UK's strategic life sciences sector.

Wisconsin Data Centre Plan Sparks Water War With Locals

A fierce battle erupts in Menominee, Wisconsin, as locals and officials challenge a proposed $10 billion data centre's plan to consume billions of gallons of water annually, raising alarms over environmental impact and resource strain.

Meta Whistleblowers Expose VR 'Psychological Torture'

Shocking internal documents from Meta reveal a corporate culture prioritising profit over user safety, with VR testers reporting severe psychological harm and a 'move fast and break things' mantra applied to human wellbeing.

Amazon sacks UK drivers, replaces them with AI

Amazon has terminated hundreds of its UK delivery drivers, citing the success of its new AI-powered 'Project Cornucopia' logistics system. The move has sparked outrage from unions and raised serious questions about the future of employment in the age of a

Big Tech failing to stop child abuse content online

Australia's eSafety Commissioner has issued a stark warning that major tech platforms are failing to stop the proliferation of child sexual abuse material, despite new voluntary codes being implemented.

AI Axes 800 Jobs at Mirror & Express Publisher Reach

Britain's largest newspaper publisher, Reach PLC, announces a drastic cost-cutting plan to replace hundreds of editorial roles with artificial intelligence, sparking fears for the future of local and national journalism.

NSW regulator lifts order blocking UTS job cuts

The University of Technology Sydney can proceed with its controversial restructure after the NSW regulator lifted its order, despite ongoing union concerns over job losses and transparency.

Teen coder sells AI app for millions in landmark deal

Exclusive: 18-year-old Zach Yadegari becomes an overnight tech millionaire after his revolutionary AI-powered keyboard app, 'TypeAI', is acquired by a major New York firm in a landmark seven-figure deal.

Testing Ninja's Futuristic AirVision Goggles

An exclusive first look at the revolutionary Ninja AirVision goggles that project a massive virtual screen in front of your eyes, eliminating the need for physical monitors. Discover if this £500 tech lives up to the hype.

Atlassian Axes 5% of Staff in Major AI Restructuring

Australian tech giant Atlassian, co-founded by billionaire Mike Cannon-Brookes, is laying off 5% of its staff in a strategic pivot towards artificial intelligence, impacting hundreds of employees globally.

UK Gov approves £4.25m Welsh aid for Tata Steel workers

The UK Government has greenlit a crucial £4.25 million support package from the Welsh Government for Tata Steel workers facing redundancy in Port Talbot, marking a significant intervention in the ongoing steel crisis.

ConocoPhillips Axes 25% of UK Oil Workforce

US oil giant ConocoPhillips has announced deep cuts to its British operations, slashing a quarter of its UK workforce. The move signals a major shift in the North Sea energy landscape and raises concerns about the future of the region's oil industry.

UK Job Cuts Accelerate at Fastest Pace Since 2021

New data from the Bank of England shows British businesses slashed jobs at the most rapid rate in four years during summer 2025, amid weakening demand and persistent economic pressures.

Gay app founder posed as straight for £1M investment

The founder of a controversial gay dating app, who concealed his sexuality and pretended to be a married straight man to investors, is facing intense criticism after the platform's success, raising serious ethical questions about authenticity and trust in

Lotus to Cut 200 Jobs in Major Electric Vehicle Restructure

Norfolk-based sports car manufacturer Lotus is set to cut up to 200 jobs as part of a significant restructuring plan, citing a necessary strategic pivot towards an all-electric future under its Chinese parent company, Geely.

AI Evangelists: Financial Prophets or False Profits?

A critical examination of the bold financial predictions made by AI evangelists. Are we heading for a tech revolution or a speculative bubble? Experts weigh in on the potential economic reality.

TikTok Slashes Hundreds of UK Jobs in Major Restructure

TikTok has announced a significant restructuring of its UK operations, resulting in hundreds of job losses. The move impacts sales and advertising staff as the tech giant streamlines its European business.

TikTok's Massive New European HQ Opens in London

Exclusive details on TikTok's sprawling new London headquarters at the Farringdon's One New Street Square, set to become its European operational command centre and accommodate thousands of employees.

Tech Billionaires' White House Infiltration Exposed

An explosive investigation reveals how Silicon Valley's most powerful tech moguls orchestrated a quiet coup, embedding themselves in the highest echelons of Trump's administration to reshape American policy and democracy itself.

AI Investment Bubble Fears Spark Tech Stock Market Sell-Off

A stark new report sends shockwaves through the tech sector, warning that the multi-billion pound AI investment boom could be a bubble destined to burst, resulting in catastrophic losses for investors as major stocks tumble.

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