American Express is cutting management layers and expanding artificial intelligence across customer service and commerce, with rules governing how outside agents reach customers’ accounts and benefits. According to a Friday (Oct. 23) third-quarter earnings presentation and management commentary on an earnings call, the company expects...
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 and reduce costs, even as third-quarter profits rose. The reductions represent about 5% of the bank’s workforce, Barclays said Thursday...
There were 6,000 fewer initial claims for unemployment last week than the previous week, with multiple media reports saying the labor market remains about as steady as it has been since the 1960s. There were 194,000 initial claims for unemployment insurance during the week ended...
EBay plans to lay off 9% of its workforce, or about 1,100 people, as it sharpens its focus on faster-growing markets, Reuters reported Wednesday (Oct. 21). CEO Jamie Iannone announced the move in a memo sent to staff, which was seen by Reuters, and an...
October 08, 2026
Consumers are entering the final months of the year less worried about losing their jobs, more worried about prices and less confident about where their household finances are headed. The Federal Reserve Bank of New York’s September Survey of Consumer Expectations, released Wednesday (Oct. 7), shows median expected household spending growth rose 0.3 percentage point […]
October 01, 2026
Consumers may still feel secure about their jobs, but a thinner savings cushion is changing the financial environment in which they manage their money. This finding comes from the September...
September 10, 2026
Americans aren’t expecting a wave of pink slips, but they’re becoming less confident about what would happen if they needed another job. The Federal Reserve Bank of New York’s August...
September 10, 2026
Listen to the Fired Up podcast with Karen Webster. Artificial intelligence can compress work that once took days into minutes, but companies still must decide what their people should do...
October 28, 2026
FinTech platform Adyen expects to add as many as 1,100 specialized engineering and go-to-market roles this year to meet the needs of its existing commercial momentum and to capture growth opportunities, Interim Chief Financial Officer Hwa Tsao said Wednesday (Oct. 28) in prepared remarks for the company’s third quarter earnings call. Tsao said this while […]
October 22, 2026
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 and reduce costs, even as...
October 22, 2026
There were 6,000 fewer initial claims for unemployment last week than the previous week, with multiple media reports saying the labor market remains about as steady as it has been...
October 21, 2026
EBay plans to lay off 9% of its workforce, or about 1,100 people, as it sharpens its focus on faster-growing markets, Reuters reported Wednesday (Oct. 21). CEO Jamie Iannone announced...
