Companies are growing increasingly comfortable revealing that artificial intelligence is behind job cuts. Earnings reports, investor presentations and company memos all show executives citing AI...
Sources told The Wall Street Journal (WSJ) that in the name of reducing costs, Verizon Communications plans to cut about 15,000 jobs within the coming...
Artificial intelligence (AI) and cost-reduction caused American employers to cut 153,074 jobs last month. That’s a 175% jump from October of 2024 and 183% higher...
Amazon reportedly plans to start cutting as many as 30,000 corporate jobs Tuesday (Oct. 28) as part of an effort to reduce the amount of...
Target Corp. said on Thursday (Oct. 23) that it will eliminate 1,800 corporate roles, or 8% of its headquarters workforce, in its largest restructuring in...
Amazon is reportedly planning a widespread series of job cuts in various corporate divisions. Those cuts could include up to 15% of the tech giant’s...
After a summer in “wait-and-see” mode, American businesses have begun making difficult, tariff-related decisions. That’s according to a report Saturday (Aug. 9) by the New...
The number of Americans filing for unemployment last week dropped, even as the number who are unemployed rose to the highest level since November 2021....
Microsoft is ramping up internal use of artificial intelligence (AI) tools to cut costs and increase productivity, even as the company trims thousands of jobs...