Layoffs

Amazon Lays Off 5% of Buy With Prime Staff
Amazon Lays Off 5% of Buy With Prime Staff
January 19, 2024  |  Amazon

Amazon has made layoffs in its Buy with Prime unit, as part of its ongoing restructuring efforts. The company has laid off around 30 employees,...

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Wayfair Cuts 13% of Workforce While ‘Right-Sizing Its Cost Structure’
Wayfair Cuts 13% of Workforce While ‘Right-Sizing Its Cost Structure’
January 19, 2024  |  Retail

Wayfair is laying off 1,650 employees as part of its efforts around “right-sizing its cost structure.” The cuts amount to about 13% of its global...

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Macy’s Cuts Workforce 3.5% While Preparing to Deploy New Strategy
Macy’s Cuts Workforce 3.5% While Preparing to Deploy New Strategy
January 18, 2024  |  Retail

Macy’s is reducing its workforce by 3.5%. “As we prepare to deploy a new strategy to meet the needs of an everchanging consumer and marketplace, we...

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Google Chief Warns of More ‘Role Eliminations’ After YouTube Layoffs
Google Chief Warns of More ‘Role Eliminations’ After YouTube Layoffs
January 18, 2024  |  Big Tech

Google’s CEO has reportedly warned employees to expect more job cuts this year. “We have ambitious goals and will be investing in our big priorities this...

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Report: YouTube Laying Off 100 Members of Creator Partnerships Team
Report: YouTube Laying Off 100 Members of Creator Partnerships Team
January 17, 2024  |  Social Commerce

YouTube is reportedly laying off about 100 people from its creator partnerships team. The Google-owned business is restructuring and will consolidate the remaining members of that team...

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Report: 25% of CEOs Expect AI to Lead to Job Cuts in 2024
Report: 25% of CEOs Expect AI to Lead to Job Cuts in 2024
January 16, 2024  |  Artificial Intelligence

A survey found that 25% of CEOs think artificial intelligence will trigger staffing reductions this year. The survey, published Monday (Jan. 15), was conducted by...

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2024 Is Already the Year of the AI-Driven Enterprise Reorganization
2024 Is Already the Year of the AI-Driven Enterprise Reorganization
January 15, 2024  |  Artificial Intelligence

The resolutions many enterprise executives made for the new year likely involved driving new efficiencies. Having navigated the various challenges of 2023’s shifting macroeconomic climate,...

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This Week in AI: The Future of Work and Home 
This Week in AI: The Future of Work and Home 
January 12, 2024  |  artificial intelligence

Generative artificial intelligence (AI), like most programming languages, uses Epoch Time to standardize its operations. Epoch Time is the number of seconds that have elapsed...

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Amazon, Citigroup, Xerox, Google and BlackRock See Layoffs in Efficiency Push
Amazon, Citigroup, Xerox, Google and BlackRock See Layoffs in Efficiency Push
January 12, 2024  |  Economy

In the first two weeks of the new year, several prominent companies, including Amazon, Citigroup, Xerox, Google and BlackRock, have announced plans to cut jobs,...

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