layoffs

According to Catcher Predict monitoring, in the market prediction on Polymarket for the event "Counter-Strike: FUT Esports vs Nemiga (BO3) - PGL Masters Bucharest Playoffs," the option "FUT Esports" in the sub-market "Map 3 Round Spread: FUT Esports (-3.5) vs Nemiga (+3.5)" has experienced a significant fluctuation in win probability, rising from 49% an hour ago to the current 69% (a fluctuation of 20%). Please note the impact of related breaking news.

On October 29, Financial News Overseas cited a Reuters report that Amazon cut about 250 positions in its devices and services division. An informed source stated that the affected positions were mainly software development roles.The report mentioned that in the previous weeks, Amazon launched several new products, including a new Kindle e-reader and tablets.

According to Catcher Predict monitoring, in the market prediction event on Polymarket for "Dota 2: Team Spirit vs. OG - PARI Universe Playoffs," the sub-market "Ends During the Day" saw a drastic fluctuation in the "Yes" option's win rate, plummeting from 51% an hour ago to the current 10.5% (a fluctuation of 40.5%). Please note the impact of related breaking news.

According to Catcher Predict monitoring, in the market prediction event on Polymarket "Dota 2: PARIVISION vs Team Liquid - PARI Universe Playoffs", the "PARIVISION" option in the sub-market "Match Winner" has experienced a sharp fluctuation in winning probability, dropping from 61.5% an hour ago to the current 46.5% (a fluctuation of 15%). Please note the impact of relevant breaking news.

According to a report by Financial Associated Press, Microsoft announced on October 26 local time that it will offer a voluntary severance compensation plan to approximately 60,000 employees to reduce costs and adjust its workforce for the AI era. More than a quarter of the total employee count is eligible, marking the company's third round of workforce adjustments this year.A spokesperson stated that some vice presidents and below in the United States, Canada, India, and the United Kingdom are eligible to apply, and those who accept the plan will receive benefits similar to standard severance packages. According to informed sources, departments such as Xbox, Windows, Copilot, and finance will fully participate, while some employees in data centers, sales, marketing, cybersecurity, and quantum computing will not be eligible. Chief Human Resources Officer Amy Coleman mentioned in an internal letter that the plan provides an option for employees considering leaving to transition with the company's support, and it is another way for departments to adjust their teams. The spokesperson also noted that if top talent accepts the plan, the company will attempt to retain them in some cases.In April this year, Microsoft launched its first voluntary retirement program for about 8,750 eligible U.S. employees, with over 30% ultimately accepting; in July, it announced layoffs of approximately 4,800 people, accounting for about 2.1% of the total workforce. The spokesperson expects the number of acceptances this time to be far less than the voluntary retirement program. As of the end of June, Microsoft had a total of 223,000 employees. According to the financial report on July 29, capital expenditures for the fourth quarter of fiscal year 2026 were $41 billion, a year-on-year increase of about 70%, and capital expenditures for the first quarter of fiscal year 2027 are expected to be about $50 billion.

On October 23, Swedish automaker Volvo Cars announced an additional layoff of 2,500 employees, equivalent to 6% of its total workforce. The financial report released on the same day for the period from July to September 2026 showed an operating loss of 5.5 billion Swedish Krona, compared to a profit of 6.4 billion Swedish Krona in the same period last year; sales fell 23% year-on-year to 66.8 billion Swedish Krona; the final profit and loss was a loss of 4.8 billion Swedish Krona, compared to a profit of 5.1 billion Swedish Krona in the same period last year. The company's stock price once dropped by 30%.The financial report indicated that sales in the Chinese market fell by 41%, and global sales declined by 11%, mainly affected by weak sales in the Chinese and American markets. The sluggish sales of high-end models and the increased proportion of lower-priced models led to a deterioration in profitability, and the impairment losses from fuel consumption credits due to the relaxation of decarbonization regulations in the U.S. also dragged down profitability. Volvo Cars CEO Håkan Samuelsson stated at a press conference on the same day that the old strategy of developing global models in Europe and then selling high-end cars in China is no longer viable; that era has ended.

According to Catcher Predict monitoring, in the market prediction on Polymarket for the event "Counter-Strike: JiJieHao vs Eternal Fire (BO3) - DraculaN Playoffs", the "Eternal Fire" option in the sub-market "Map 3 Round Spread: Eternal Fire (-3.5) vs JiJieHao (+3.5)" has experienced a dramatic fluctuation in winning probability, soaring from 50% an hour ago to the current 91% (a fluctuation of 41%). Please note the impact of relevant breaking news.

According to the Korea Herald, global investment bank Barclays plans to cut 5,000 jobs, about 5% of the company's total positions, while expanding the application of artificial intelligence. This includes 1,000 positions already cut in the first half of this year, with 60% of the layoffs coming from support departments such as developers. Barclays CEO Venkat Krishnamurthy stated in a conference call that the company will apply AI on a large scale, and said, "AI is not the cake, but the frosting on the cake."Previously, Barclays announced a cost-cutting plan in February, but some investors reacted negatively to the scale of costs shown in its semi-annual report. Among peers, HSBC is considering cutting up to 20,000 jobs over the next few years, while Standard Chartered plans to reduce support department positions by more than 15% by 2030.

According to Catcher Predict monitoring, in the event "LoL: Galions vs Solary - EMEA Masters Playoffs" on the prediction market Polymarket, the "Galions" option in the sub-market "Match Winner" has experienced significant fluctuations in winning probability, soaring from 56% an hour ago to the current 85.5% (a fluctuation of 29.5%). Please note the impact of related breaking news.

According to Microsoft's 10-K filing for fiscal year 2026, as of June 30, 2026, the company had approximately 223,000 full-time employees, down from 228,000 the previous year, a decrease of about 5,000, marking the first decline in ten years.Among them, there are 121,000 employees in the United States and 102,000 employees overseas; approximately 77,000 employees are in research and development, a decrease of about 4,000 from the peak in 2024. During the same period, Microsoft's revenue for fiscal year 2026 increased by 18% year-on-year, reaching $331.8 billion.The above employee statistics do not include the new round of approximately 4,800 job cuts in July 2026. Microsoft previously stated that the eliminated positions would not be directly replaced by AI.

According to Catcher Predict monitoring, in the market prediction on Polymarket for the event "Counter-Strike: BIG vs PARIVISION (BO3) - 1win Private Club Playoffs", the sub-market "Map Handicap: PRV (-1.5) vs BIG (+1.5)" saw the winning probability of the "PARIVISION" option fluctuate dramatically, rising from 55.5% an hour ago to the current 89.5% (a fluctuation of 34%). Please note the impact of related breaking news.

According to a report by Reuters cited by Phoenix Technology, Qualcomm CEO Cristiano Amon informed employees in an internal memo that the company will initiate performance-focused global layoffs following the annual employee evaluations, with notifications set to begin in November. The memo reviewed by Reuters was sent out on Monday, and Amon stated that this move aims to establish a stronger performance culture and address the company's ongoing failure to meet expectations.The memo did not disclose the number of layoffs, and Reuters is currently unable to determine the scale. Amon mentioned that the layoffs will take into account business priorities, organizational needs, skills, and expertise; as the business expands, the required capabilities and skills are also changing, and it is essential to have the right people in the right positions. Qualcomm has not yet responded to Reuters' request for comment. As of September 2025, Qualcomm has approximately 52,000 employees worldwide, most of whom are full-time, with the fiscal year typically ending in late September.As one of the world's largest smartphone chip manufacturers, Qualcomm has been impacted this year by sluggish sales of consumer electronics, and soaring memory chip prices have suppressed demand in key markets. Since the beginning of the year, Qualcomm's stock price has increased by about 1.5%, while the S&P 500 index has risen by over 12% during the same period, and the Philadelphia Semiconductor Index has seen an increase of nearly 60%. On Tuesday, Qualcomm's stock price fell by about 1% in pre-market trading. In the most recent earnings report released in late July, Qualcomm projected that quarterly profits would fall below market expectations and indicated that revenue from Apple products would decline faster than previously anticipated, while stating that by fiscal year 2027, growth in data centers and other non-mobile businesses would be sufficient to offset the aforementioned losses and provide additional growth.

According to Catcher Predict monitoring, in the market prediction on Polymarket for the event "Counter-Strike: fnatic vs PARIVISION (BO3) - 1win Private Club Playoffs," the "Match Winner" sub-market option "fnatic" has experienced a drastic fluctuation in winning probability, dropping from 75.5% an hour ago to the current 12.5% (a fluctuation of 63%). Please note the impact of related breaking news.

According to Catcher Predict monitoring, in the market prediction on Polymarket for the event "Counter-Strike: TheMongolz vs BIG (BO3) - 1win Private Club Playoffs," the option "TheMongolz" in the sub-market "Match Winner" has experienced a sharp fluctuation in winning probability, dropping from 52.5% an hour ago to the current 24.5% (a fluctuation of 28%). Please note the impact of related breaking news.

According to Catcher Predict monitoring, in the market prediction on Polymarket for the event "Counter-Strike: Liquid vs magic (BO3) - 1win Private Club Playoffs," the option "Liquid" in the sub-market "Map 2 Winner" has experienced a dramatic fluctuation in winning probability, soaring from 54.5% an hour ago to the current 76.5% (a fluctuation of 22%). Please note the impact of related breaking news.

According to Catcher Predict monitoring, the predicted market event "Counter-Strike: Alliance vs TheMongolz (BO3) - 1win Private Club #2 Playoffs" on Polymarket has seen a drastic fluctuation in the sub-market "O/U 2.5 matches," with the "Over" option's win rate plummeting from 48% an hour ago to the current 23% (a fluctuation of 25%). Please note the impact of relevant breaking news.

According to Catcher Predict monitoring, the predicted market on Polymarket for the event "Counter-Strike: FURIA vs BetBoom Team - Thunderpick World Championship Playoffs" shows that the "FURIA" option in the sub-market "Match Winner" has experienced a drastic fluctuation in winning probability, dropping from 71.5% an hour ago to the current 44.5% (a fluctuation of 27%). Please note the impact of relevant breaking news.

According to Catcher Predict monitoring, in the market prediction event on Polymarket "Valorant: LOUD vs Team Vitality - VCT Championship Playoffs," the "LOUD" option in the sub-market "Map 1 Winner" experienced a sharp fluctuation in win rate, dropping from 55.5% an hour ago to the current 38.5% (a fluctuation of 17%). Please note the impact of related breaking news.

According to Catcher Predict monitoring on-chain data, significant capital movements are predicted in the Polymarket market. A large whale invested $69,310 in the "Counter-Strike: Team Falcons vs. BetBoom Team (BO3) - Thunderpick World Championship Playoffs" event, targeting the "Match Winner." Based on the current transaction price, the latest corresponding winning probability for this item is 29%.

According to Catcher Predict monitoring, in the market prediction on Polymarket for the event "Dota 2: Royal Bear vs Xipto Esports - DreamLeague Southeast Asia Closed Qualifier Playoffs," the "O/U 4.5 games" sub-market's "Over" option win rate has experienced significant fluctuations, dropping from 50% an hour ago to the current 31.5% (a fluctuation of 18.5%). Please note the impact of related breaking news.