Jobs News Why Is Big Tech Still Cutting Jobs
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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
US employers cut more than a million jobs this year, a sharp rise compared to 2024. Is the weak job market here to stay?
From January through October of 2025, employers have made more than 1 million job cuts, according to the firm. That’s 44% higher than total cuts throughout 2024 and the highest since 2020. Read More
Layoffs are hitting. See the major companies cutting jobs in 2025.
Employers slashed more than 150,000 jobs in October, the largest wave of layoffs in more than 20 years, a report from Challenger, Gray & Christmas said Nov. 6. Firms have pointed to a myriad of causes ... Read More
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
"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
Why is the US tech sector cutting so many jobs?
Silicon Valley chip maker Intel says it cut about 15 percent of its 'core workforce' in the recently ended quarter - Copyright GETTY IMAGES NORTH AMERICA/AFP JUSTIN ... 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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