Tag: Layoff

AIBusinessTechnology

Meta Restructures AI Division with Hundreds of Layoffs in Efficiency Push

Meta is eliminating approximately 600 positions from its artificial intelligence teams in a major restructuring move. The company’s chief AI officer indicated the cuts aim to create a less bureaucratic organization with faster decision-making capabilities.

Major Workforce Reduction in Meta’s AI Operations

Meta Platforms has reportedly eliminated hundreds of positions within its artificial intelligence division, according to a report from Axios. Approximately 600 employees across the company’s AI research and infrastructure teams are affected by the restructuring, which sources indicate is designed to streamline operations and reduce bureaucratic hurdles.

by Desai Priyanka
Arts and EntertainmentEmployment

4 High-Paying AI Jobs Reaching $200K+ in 2026: Career Guide

As AI transforms industries, new high-paying roles are emerging. Explore four AI jobs offering salaries up to $325,000, their responsibilities, and how to position yourself for these lucrative careers in 2026 and beyond.

The conversation around artificial intelligence often focuses on workforce disruption and layoffs, with companies like Amazon planning significant workforce reductions. However, this technological revolution is simultaneously creating exciting new career opportunities with impressive compensation packages. As organizations increasingly recognize AI as a business-critical resource, they’re establishing specialized roles to manage implementation, strategy, and ethics.

by Alvarez Jordan
HousingPolicy

Federal Housing Inspections in Crisis After Trump Administration Layoffs Leave Affordable Housing Vulnerable

The Trump administration’s elimination of HUD’s entire building inspection team during the government shutdown has left over 5 million affordable housing units without federal oversight. This comes as a Bronx public housing complex experienced a chimney collapse, highlighting growing concerns about deteriorating conditions in government-subsidized properties.

In a move that has housing advocates deeply concerned, the Trump administration laid off the entire team of federal building inspectors during the recent government shutdown, leaving millions of affordable housing units across the country without crucial safety oversight. The timing couldn’t be more alarming, coming just weeks after a gas explosion caused a chimney collapse at a public housing project in the Bronx, sending bricks and debris showering onto sidewalks as residents scrambled for safety.

The Immediate Impact: HUD’s Inspection Team Eliminated

by Alvarez Jordan
Economy and TradingPolicy

Federal Shutdown Extends as Rate Cut Looms, Employment and Housing Weaken

Ongoing federal shutdown and China’s rare earths export controls create economic uncertainty. Employment data shows highest unemployment rates in four years while housing market weakens. Federal Reserve likely to cut rates at October meeting.

Federal shutdown implications and economic uncertainty dominate financial markets as China’s rare earths export controls trigger trade tensions and equity sell-offs. With the government closure entering its second week and key economic data delayed, analysts anticipate Federal Reserve intervention through rate cuts while employment and housing indicators show concerning weakness.

Trade Tensions Escalate Over Rare Earths Controls

by Alvarez Jordan