Jobs News Why Is Big Tech Still Cutting Jobs
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Why one of the nation’s most prosperous industries is shedding jobs
Tech companies such as Meta, Microsoft, Amazon and Alphabet continue to trim workers despite soaring revenue and billions of investments into artificial intelligence. Read More
AI cited in nearly 50,000 job cuts this year as tech giants accelerate automation
Tech companies cited artificial intelligence in nearly 48,400 U.S. job cuts this year, with 31,000 announced in October alone as executives tout AI-driven efficiency. Debate surrounds whether AI truly ... Read More
Why Verizon’s new CEO is cutting 13,000 jobs at the wireless company
Verizon’s stock has been a major laggard and the company has failed to show annual earnings growth recently. CEO Dan Schulman says layoffs will make Verizon “faster and more focused.” ... Read More
"No hire, no fire" job market may no longer be a thing as big companies announce mass layoffs
For most of 2025, the job market was described by economists as "no hire, no fire" — a stretch of time when job seekers faced slim prospects, but workers could count on job security. But that fragile ... Read More
Amazon Is Cutting Jobs. Why That’s a Strong Sign for the AI Boom.
Make room for the robots. Amazon.com says it will cut around 14,000 employees in another sign of Big Tech’s determination to push ahead with artificial-intelligence investment, as the sector deals ... Read More
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