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Layoffs

All articles tagged with #layoffs

Altman: 'AI Washing' Is Being Used to Justify Layoffs
artificial-intelligence4 days ago

Altman: 'AI Washing' Is Being Used to Justify Layoffs

Sam Altman told CNBC at the India AI Impact Summit that AI is sometimes used as a scapegoat for layoffs, a phenomenon he calls 'AI washing.' He notes 55,000 layoffs in 2025 attributed to AI (less than 1% of total), while surveys show AI’s impact on employment is uncertain; cases like Amazon’s layoffs have been publicly linked to AI and later downplayed. Altman cautions that although AI will displace some jobs, it will also create new roles, with the real impact expected to become palpable in the coming years.

Ubisoft Toronto lays off 40 staff as Splinter Cell remake continues in development
gaming4 days ago

Ubisoft Toronto lays off 40 staff as Splinter Cell remake continues in development

Ubisoft confirmed 40 employees were laid off at its Toronto studio, which is working on the Splinter Cell remake. The company said the cuts were not a reflection of the impacted workers’ talents and will provide severance and career placement assistance. The remake is being developed from the ground up as a linear title, with Ubisoft Toronto continuing to contribute to other projects as the game remains in production.

Walgreens trims 469 Illinois roles after private-equity deal
business4 days ago

Walgreens trims 469 Illinois roles after private-equity deal

Walgreens is laying off 469 Illinois employees across Deerfield, the Old Post Office in downtown Chicago, and Danville as part of a corporate reorganization after its acquisition by private-equity firm Sycamore Partners; affected workers will receive 60 days’ notice and retain full pay and benefits during that period, with Texas reporting 159 layoffs as well. The company says the changes aim to simplify the organization and speed decision-making to improve store and patient services amid the private-equity transition.

Ubisoft’s Creative House reboot aims for efficiency and renewed franchises
business5 days ago

Ubisoft’s Creative House reboot aims for efficiency and renewed franchises

Ubisoft CEO Yves Guillemot reveals a three-year plan to revamp the publisher with a new ‘Creative House’ structure that groups franchises into five houses, including Vantage Studios, aiming to boost creativity and accountability while targeting over €200 million in cost reductions and selective layoffs. The interview covers acquisitions (March of Giants from Amazon) and the Tencent partnership, the global rollout of Rainbow Six Mobile, AI initiatives like ‘Teammates,’ leadership questions around Guillemot’s family involvement, canceled projects (Prince of Persia remake), labor tensions and union concerns, and a push to balance live-service and single-player experiences while delivering a stronger, more agile roadmap for the next three years.

Sony to close Bluepoint Games, cutting 70 jobs
business6 days ago

Sony to close Bluepoint Games, cutting 70 jobs

Sony is shutting down Bluepoint Games, the remake specialist and co-developer of God of War Ragnarok, with about 70 jobs to be cut next month after a business review. Sony cites an increasingly challenging industry environment—rising development costs, slower growth, and changing player behavior—and says it will help affected employees find opportunities within its global studio network; Bluepoint was also tied to a cancelled live-service project as part of Sony’s retreat from live-service games.

Ubisoft Toronto trims 40 roles as Splinter Cell remake stays in motion amid corporate shake-up
news6 days ago

Ubisoft Toronto trims 40 roles as Splinter Cell remake stays in motion amid corporate shake-up

Ubisoft Toronto laid off 40 staff as part of a broader cost-cutting overhaul following Tencent’s investment, but the long‑delayed Splinter Cell remake remains in active development. The shake-up also led to cancellations like Prince of Persia: The Sands of Time remake, while Toronto will continue to support Rainbow Six as a co‑developer.