Company announcements of layoffs in the United States surged in October as AI continued to disrupt the labor market.
Employers have cut over one million jobs so far this year, with announced layoffs surging in October to levels not seen in decades. Some experts have been warning about a possible recession. “U.S.
CNN host Abby Phillip on Friday refuted President Donald Trump for telling reporters that his administration has done “a ...
U.S. employers have announced 1.1 million layoffs so far this year — the largest reading since the pandemic recession and on ...
Companies announced the most October job cuts in over 20 years—153,074 positions—as AI adoption and cost-cutting accelerate ...
Networks licensing scripted shows often split or lose downstream profits. With news, they keep everything. Every minute of ...
The post Amazon cuts 14,000 jobs: is culture a valid reason to layoff employees? appeared first on Startups.co.uk.
Abby Phillip torpedoed Trump’s repeated insistence that "affordability" concerns are fraudulent because prices are down by ...
Tech scion David Ellison marked his 96th day running Paramount by disclosing an upbeat financial outlook for next year and a plan to cut an additional 1,600 workers.
Volatility lashed Wall Street, with strong evidence of a cooling labor market pushing high-valuation tech stocks and crypto ...
When the shutdown ends, it could take several days or longer for air traffic to return to normal. The shutdown has forced some 13,000 air traffic controllers to work without pay. Last week, the FAA ...