Amazon CEO Andy Jassy says the company's announcement of layoffs earlier this week wasn't about AI. Why it matters: The cuts of 14,000 white-collar workers at the tech and retail giant have triggered ...
Amazon and Walmart are among firms warning employees of layoffs or disruption from AI as leaders across corporate America ...
The tech industry’s job cuts this week alone have now topped 1,400 with the revelation of fresh Amazon job cuts.
Amazon, which announced plans this week to reduce its global corporate workforce by about 14,000 jobs, says it is laying off 760 jobs in Southern California beginning in January as part of a shakeup ...
Intel – Over 4,000 U.S. positions Intel is reorganizing both its manufacturing and corporate operations, with Oregon alone seeing 2,392 job cuts. The global reduction plan is between 21,000 and 25,000 ...
General Motors Co. and Samsung SDI have pulled back on construction of a massive electric vehicle battery plant near New Carlisle, Indiana, with a number of workers on the site laid off earlier this ...
(KRON) — Amazon layoffs confirmed by the company earlier this week are set to impact over 1,400 employees across the state ...
"We're going to promote based on AI," said Amazon VP Jamie Simonoff. "We're going to promote based on how you're integrating ...
The Fed's latest rate cut highlights internal division and ongoing tension between inflation concerns and signs of economic ...
Amazon’s cash tax payments fell 45% in the third quarter, driven largely by the One Big Beautiful Bill Act of 2025, even as ...
The tech giant axed 14,000 roles, and more layoffs could be coming in 2026. Employees might wonder why it's necessary, and ...
Normally, economists would verify their suspicions through the weekly jobless claims report, which shows how many people apply for unemployment benefits. They'd also look at a monthly report on total ...