Jobs News Why Is Big Tech Still Cutting Jobs

Layoffs are piling up, raising worker anxiety. Here are some companies that have cut jobs recently

It's a tough time for the job market. Amid wider economic uncertainty, some analysts have said that businesses are at a “no-hire, no fire” standstill. Read More

Amazon cuts 14,000 corporate jobs as spending on artificial intelligence accelerates

Amazon will cut about 14,000 corporate jobs as the online retail giant ramps up spending on artificial intelligence. Read More

Amazon Cuts 14,000 Corporate Jobs, Citing AI as ‘Most Transformative Technology’ Since the Internet

Amazon will cut about 14,000 corporate jobs as it restructures around AI, trimming layers and bureaucracy while shifting work toward automation. Read More

Amazon Is Cutting Jobs. Why That’s a Strong Sign for the AI Boom.

Qualcomm enters AI computing race, Texas emerges as banking M&A epicenter, suspension of food assistance during shutdown to hit economy, and more news to start your day. Read More

Corporate America says AI isn't about cost-cutting, but jobs will go anyway, a Goldman Sachs banker survey finds

Goldman's analysts forecast a 4% reduction in headcount over the next year, followed by a deeper 11% cut within three years. Read More

Amazon layoffs target 14,000 corporate jobs. What we know about the cuts.

On Oct. 27, CNBC and Reuters, citing anonymous sources, reported that Amazon would be cutting up to 30,000 corporate jobs. Here's what we know about the cuts: According to the memo, the layoffs impact ... Read More

Mass Layoffs: Full List of Companies Cutting Thousands of Jobs

In the U.S., the labor market has been spared the mass layoffs to match the low levels of job openings seen in recent months—with Federal Reserve Chair Jerome Powell describing it as a “low-hire, ... Read More

Big Layoffs Look Scary. Why The Job Market Is Still Holding Up.

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Big tech surges to all time highs as AI costs outweigh human costs

Big tech reports record profits while cutting jobs, revealing how the AI boom is reshaping growth into a capital-heavy, labor-light new phase of the economy. Read More

A laid-off Microsoft manager shares why he's ready to say goodbye to Big Tech after 2 decades

Joe Friend, a former Microsoft manager laid off in May, shares why his next role won't be in Big Tech. Read More

Why is Amazon spending billions of dollars to expand but slashing 14,000 jobs?

Amazon will cut about 14,000 corporate jobs as the online retail giant ramps up spending on artificial intelligence ... Read More