Chevron to slash up to 20% of its workforce
US oil group announces cuts despite Donald Trump’s exhortation to ‘drill, baby, drill’
Read more at Financial Times
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Chevron will slash up to 20% of its workforce as part of cost-cutting plan
The layoffs will begin this year with most of the cuts complete before the end of 2026.CNBC - 1h -
Chevron to Lay Off Up to 20% of Staff
The second-largest U.S. oil company may cut as many as 9,000 workers worldwide in an effort to cut costs.The New York Times - 1h -
Fast break AI: How Databricks helped the Pacers slash ML costs 12,000X% while speeding up insights
The jaw-dropping decrease is a credit not only to Databricks, but PS&E's ability to reduce ML compute to near-infinitesimal amounts.VentureBeat - 1d -
Oil giant Chevron to lay off thousands in bid to cut up to 20% of global workforce
No 2 US oil firm aims for $3bn in cost cuts through 2026 and seeks to simplify business after production challenges. Chevron will lay off 15-20% of its global workforce by the end of 2026, the US ...The Guardian - 2h -
Fogel reflects on time in Russian prison; Trump empowers Musk to slash federal workforce
Marc Fogel, an American school teacher who was detained in Russia for more than three years, was welcomed at the White House Wednesday night where he said he's still processing his time in ...CBS News - 8h -
Fintech unicorn Zepz to lay off 20% of its global workforce, sources say
London-based fintech Zepz is laying off around 200 IT workers as part of a major redundancy plan, two employees impacted by the move told CNBC.CNBC - 11h -
No. 20 Arizona avenge its only Big 12 loss with an 82-73 victory over No. 13 Texas Tech
Jaden Bradley and Caleb Love each scored 16 points and No. 20 Arizona avenged its only Big 12 loss with an 82-73 victory over No. 13 Texas Tech on Saturday night.Yahoo Sports - 3d -
No. 20 Arizona avenge its only Big 12 loss with an 82-73 victory over No. 13 Texas Tech
Jaden Bradley and Caleb Love each scored 16 points and No. 20 Arizona avenged its only Big 12 Conference loss with an 82-73 victory over No. 13 Texas Tech on Saturday nightABC News - 3d -
USAID Workforce Slashed From 10,000 to Under 300 as Elon Musk’s DOGE Decimates Agency
The US government’s primary foreign aid organization is losing the vast majority of its staff, forcing the agency’s lifesaving work to screech to a halt.Wired - 6d
More from Financial Times
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Trump says US and Russia to start talks on Ukraine war ‘immediately’
American leader and Vladimir Putin discussed end to conflict in 90-minute phone callFinancial Times - 3h -
US to release Russian in exchange for freed American teacher Marc Fogel
Alexander Vinnik pleaded guilty to conspiracy to commit money laundering last yearFinancial Times - 2h -
Office attendance is becoming a performance metric
Return to work mandates can weed out underperforming staff but risk pushing away valued workersFinancial Times - 10h -
The new AI arms race
America and China are vying for dominance, while Europe tries to competeFinancial Times - 3h -
US inflation unexpectedly increases to 3% in January
Figure bolsters case for Federal Reserve proceeding slowly with interest rate cutsFinancial Times - 50m
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Reddit shares plunge after Google algorithm change contributes to miss in user numbers
Reddit reported better-than-expected results, but the company issued disappointing user numbers.CNBC - 10m -
Big Tech’s AI dream demands real money — but even more wishing and hoping
Many intelligent people avoid looking at what really matters for stock prices.MarketWatch - 11m -
Dutch Bros shares rocket higher after earnings amid plans to expand mobile orders, food service
Shares of Dutch Bros Inc. rocketed higher in extended trading Wednesday after the coffee chain put out fourth-quarter results and a full-year sales forecast that topped Wall Street’s expectations, ...MarketWatch - 14m -
Ex-N.Y. Official Accused of Working for China Faces Bribery Allegation
Linda Sun, a former aide to Gov. Kathy Hochul and Gov. Andrew Cuomo, is also accused of violating the Foreign Agents Registration Act, according to a superseding indictment.The New York Times - 17m -
AppLovin’s stock ignites further as company says its AI efforts have only just begun
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