(source: en.wikipedia.org)
With subscriber growth slowing, fashion rental firm Rent the Runway has begun cutting staff. The company plans to let go of about 10% of its corporate employees, it...
As the artificial intelligence (AI)-driven workforce takes shape, an emerging downstream impact is a new perspective on historic, traditionally labor-centric, cost structures as firms chase AI-fueled efficiencies....
Healthcare’s digital transformation took center stage during day one of J.P. Morgan’s annual healthcare conference. For the 42nd year in a row, J.P. Morgan has drawn...
Duolingo has cut about 10% of its contractors due to its use of generative artificial intelligence (AI) to create content. The maker of software for learning...
Barclays reportedly laid off about 5,000 workers in 2023 as part of a cost-cutting campaign. A spokesperson for the British bank told Reuters Monday (Jan. 8)...
PYMNTS asked industry executives across the payments and digital commerce landscape to give us their take on the pivotal shifts, technological advancements and strategies that...
The U.S. economy added 216,000 jobs in December, with the government and healthcare sectors posting the biggest gains. The number of jobs added during the...
Truist Financial will close 3.5% of its branches in March because more clients are choosing to bank with it digitally. The Charlotte, North Carolina-based bank is...
The number of initial claims for unemployment insurance dropped to 202,000 during the week ended Saturday (Dec. 30). That total was 18,000 less than the...