The CEO commented on laying off 26% of its staff.

Feb 26, 2026, 9:09:20 PM UTC(5 hours ago)
Impact: Medium

Affected Assets

  • The CEO commented on laying off 26% of its staff.
  • The CEO announced a 26% staff layoff.
  • Layoffs are occurring at multiple companies, with some citing AI's impact or strategic decisions.
  • Some companies are experiencing financial difficulties, leading to reduced workloads or project cancellations.
  • C3.ai announced major layoffs and a revenue forecast below expectations, leading to a 20% drop in its stock price.

Sources

@YahooFinance
From:@YahooFinance
https://t.co/uLAJBGwzFP CEO on laying off 26% of its staff. https://t.co/MkC8oc0DIg
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The CEO commented on laying off 26% of its staff. | Foxly Invest