Bloomberg reports that Microsoft is weighing multiple acquisition offers for Arkane Studios, including from Ubisoft and at least two other unnamed companies, with a management buyout also under consideration. A Microsoft spokesperson confirmed the company is exploring options ahead of a December deadline but gave no further details. Arkane had been rumored as a possible target of Xbox's earlier layoffs and project cancellations.
engadget.com
· 2026-11-03
Employers increased job postings in September, according to new data, alongside a rise in gross hiring and a decline in layoffs. The improvement comes even as voters head to the polls amid persistent dissatisfaction over high prices.
fastcompany.com
· 2026-11-03
Enterprise Linux provider SUSE plans to lay off about one in ten of its roughly 2,000 employees, according to reporting from The Register. CEO Dirk-Peter van Leeuwen told staff in an email that AI's rapid advancement means the company's current organizational structure and cost base can no longer sustain its future growth.
zdnet.com
· 2026-11-03
Canva co-founder and CEO Melanie Perkins told staff the company is cutting 1,271 jobs, about 22 percent of its workforce, as part of a restructuring she calls 'refounding' Canva. The changes merge the Product, Growth, and Platform teams into a single product organization, shift more roles to Sydney, and will require hybrid employees to work from an office 2-3 days a week starting in January. Departing staff will receive at least six months' salary, a year of healthcare coverage, and career support.
theverge.com
· 2026-11-03
SUSE, the open source software company owned by EQT, will cut roughly 10% of its 1,900 employees. CEO Dirk-Peter van Leeuwen told staff the move follows a review of strategy and team structures, saying automation and AI have reduced the need for certain roles and allow the company to run with flatter management and less overhead. Further details on the fiscal 2027 strategy are expected to be shared with staff on November 16.
linux.slashdot.org
· 2026-11-03
Netflix is rolling out a new 'AI Discover' tab in its TV app that groups recommendations under themes such as 'Something Light,' 'Family Movie Night,' or 'Quick Watches.' Users can reject suggestions they dislike, and Netflix says the system will remember that feedback going forward. The feature is powered by what the company calls a new 'intelligence layer' and is initially rolling out to English-language US users on supported TVs.
theverge.com
· 2026-11-03
Squarespace is cutting 19% of its workforce, roughly 300 jobs, with product and engineering teams hit hardest. CEO Anthony Casalena said the move reflects a need for smaller teams, more player-coaches and a simpler organizational structure, not a push to hit a financial target. He said the technology underlying the business has changed dramatically in the past year.
techspot.com
· 2026-11-03
Squarespace is laying off roughly 300 employees, about 19% of its global workforce, the company confirmed to TechCrunch. Spokesperson Jeff Seedman said the restructuring aims to simplify operations, sharpen priorities and position the company for its next growth phase. The cuts come as Squarespace pushes into AI tools like Blueprint and its upcoming Forma platform.
techcrunch.com
· 2026-11-02
Squarespace is laying off roughly 300 of its 1,800 employees, a 19 percent reduction, according to spokesperson Jeff Seedman. He said the cuts aim to simplify operations and sharpen priorities, and that affected staff will receive 16 weeks of base pay plus healthcare coverage through May 2027.
theverge.com
· 2026-11-02
Microsoft has offered voluntary buyout packages to roughly 60,000 workers, more than a quarter of its total staff, as an alternative to layoffs. The move follows a broader trend of companies turning to voluntary exit programs to reduce headcount rather than conducting forced job cuts.
fastcompany.com
· 2026-10-29
Microsoft is offering voluntary exit packages to roughly 60,000 workers in the US, UK, Canada and India, a far larger rollout than the retirement offer limited to about 9,000 staff earlier this year. The move follows a 4,800-person layoff months earlier that hit Xbox and sales teams, and comes as Microsoft's headcount fell year over year for the first time in a decade, to about 223,000 as of June 30th.
theverge.com
· 2026-10-29
Microsoft reported net profit of more than $36.6bn and revenue of $92.3bn for the quarter ending September, a 19% year-on-year increase driven largely by 30% growth in its cloud business. The results came just days after the company said it would offer buyouts to around 60,000 employees as part of cost-cutting tied to heavy AI investment. Shares rose nearly 2.9% in after-hours trading following the announcement.
bbc.co.uk
· 2026-10-29
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