Many firms are investing billions in generative AI tools and cloud infrastructure — but that investment often comes at the ...
Retail giants are laying off workers or keeping headcount flat as they pledge to become leaner businesses where artificial ...
Here are some companies that have moved to cut jobs recently. General Motors moved to lay off about 1,700 workers across ...
Amazon is projected to have almost 40 delivery fulfillment centers equipped with robots by the end of next year, resulting in an estimated cost savings of $4 billion per year.
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 ...
The tech industry’s job cuts this week alone have now topped 1,400 with the revelation of fresh Amazon job cuts.
As Amazon’s wave of corporate layoffs starts to ripple across the country — including with 1,403 job cuts in California — CEO Andy Jassy took an opportunity to defend the move on Thursday. During the ...
In its financial results for the third quarter ending September 30, 2025, Amazon’s net sales climbed 13% year-over-year to ...
The Fed's latest rate cut highlights internal division and ongoing tension between inflation concerns and signs of economic ...
Sales of previously occupied U.S. homes sank last year to their lowest level in nearly 30 years. Sales have been sluggish ...
Amazon announced a reorganization that will result in the elimination of 14,000 jobs — and said AI is a leading cause.
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 ...
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