Microsoft will offer buyouts to 60,000 workers on select teams, generally ones that are not involved with data centers, sales or marketing, Bloomberg reported Monday...
Barclays plans to eliminate about 5,000 jobs this year as the British bank expands its use of artificial intelligence (AI) and technology to improve productivity...
Amazon cut fewer than 1,000 white-collar jobs in the unit that oversees its main eCommerce website, Reuters reported Wednesday (Oct. 7), citing an unnamed source. The company made...
Nonfarm payroll, employment in all major industries and the unemployment rate “changed little” in September, the Bureau of Labor Statistics (BLS) said Friday (Oct. 2) in...
BMW is reportedly hoping to use AI to increase efficiency as it plans sweeping job cuts. Artificial intelligence (AI) will be a crucial part of the...
Used car retailer CarMax laid off about 4% of its corporate staff, or 145 employees, as part of “running leaner,” the company said in a Monday (Sept. 21) report by...
Uber is reportedly cutting roughly 3,300 jobs, or 10% of its total workforce. That’s according to a report Wednesday (Sept. 2) from Bloomberg News, which...
New Goldman Sachs research suggests industries with greater artificial intelligence (AI) exposure could be rethinking their hiring options. The impact of AI varies according to...
Bitwise has reportedly cut 14% of its staff amid an ongoing downturn in cryptocurrency prices. The San Francisco digital assets company reduced its workforce from around...