Tag: Layoff

BusinessStartups

Automattic Chief Labels Tumblr Acquisition as Major Setback Amid Integration Challenges

Automattic CEO Matt Mullenweg has openly described the Tumblr acquisition as his most significant misstep to date. Despite ongoing efforts to migrate the platform to WordPress infrastructure, financial and technical obstacles have stalled progress, leaving Tumblr reliant on other company revenues.

Tumblr Acquisition Deemed Automattic’s Biggest Failure

During a recent Town Hall session at WordCamp Canada 2025, Matt Mullenweg, CEO of Automattic, candidly addressed the company’s acquisition of Tumblr as his “biggest failure or missed opportunity.” According to reports, Mullenweg emphasized that while the platform hasn’t met expectations, Automattic hasn’t abandoned efforts to revitalize it.

by Megan Carter
AIBusiness

AI Layoff Justification: Technological Progress or Corporate Scapegoating?

Major corporations including Accenture and Microsoft now openly attribute job cuts to AI implementation, claiming efficiency gains. However, Oxford researchers and industry observers suggest AI may be serving as a scapegoat for pre-existing workforce reduction strategies.

The AI Layoff Narrative Gains Momentum

According to recent reports, numerous prominent companies have begun openly attributing workforce reductions to artificial intelligence implementation. Sources indicate that organizations including Accenture, Salesforce, Klarna, Microsoft, and Duolingo have stated they are reducing staff numbers as AI helps streamline operations and increase efficiency. This represents a significant shift from earlier corporate approaches to discussing AI‘s impact on employment, where companies were reportedly more cautious about linking technology adoption directly to job losses.

by Megan Carter