Meta intends to conduct a first wave of sweeping layoffs planned for this year on May 20, with more coming later, according to three sources familiar with the plans.

Oracle is reportedly carrying out its largest-ever round of layoffs, with estimates suggesting up to 30,000 jobs could be affected globally as the company accelerates its push into artificial intelligence infrastructure.

Oracle has begun laying off employees across its global offices, with staff in the U.S., India, and other regions receiving termination emails as early as 6 a.m. EST on Tuesday.

Romania’s coalition government has approved a major decree to cut public administration jobs and reduce state spending, aiming to tackle the European Union’s largest budget deficit.

Exxon Mobil Corp. announced plans to reduce its workforce by approximately 2,000 employees worldwide.

Intel has reported its second-quarter earnings, surpassing revenue expectations but falling short on earnings per share (EPS), primarily due to impairment charges. The company also announced a significant reduction in its workforce, planning to cut 15% of its employees and bring the total headcount to approximately 75,000 by the end of 2025. Additionally, Intel has canceled factory expansion projects in Germany and Poland and will slow down the construction of its facility in Ohio.

The U.S. State Department is set to fire more than 1,300 employees on Friday as part of a sweeping overhaul, according to an internal notice obtained by CNN, News.Az reports.

Microsoft revealed on Tuesday that it is laying off 3% of its global workforce—impacting approximately 6,000 employees across various levels, teams, and regions.

Employees across the massive U.S. Health and Human Services Department began receiving notices of dismissal on Tuesday in an overhaul ultimately expected to lay off up to 10,000 people.