Mass layoff notices are climbing to unsettling levels, a new study has found, indicating that the labor market may be shifting away from the "low hire, low fire" phase described by Fed Chair Jerome ...
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Following his comments, Verizon recently confirmed that it would lay off over 13,000 employees. In a memo sent to employees, which was obtained by Business Insider, Schulman said the layoffs are part ...
Today in History: December 13, Thousands protest police killings of Black men Peter Greene, 60, actor in 'Pulp Fiction,' 'The Mask,' found dead in NYC apartment Podcast industry under siege as AI bots ...
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Over 1,000 Amazon employees have anonymously signed an open letter warning that the company’s allegedly “all-costs-justified, warp-speed approach to AI development” could cause “staggering damage to ...
HP Inc. said that it will lay off 4,000 to 6,000 employees in favor of AI deployments, claiming it will help save $1 billion in annualized gross run rate by the end of its fiscal 2028. HP expects to ...
What just happened? HP Inc has become the latest big tech firm to announce it is laying off thousands of jobs while investing heavily in AI. The printer and PC maker said it will be cutting staff by ...
COPPELL, Texas — FedEx will "discontinue operation" of a facility in North Texas next year, leading to hundreds of employees being laid off, according to a WARN letter filed with the state. A letter ...
After a year of mass layoffs and uncertainty, 2026 could stabilize hiring trends and bring equilibrium to the U.S. labor market, according to a Nov. 18 report from HireQuest. In particular, the job ...
Amarillo-based Tyson Foods, Inc. is preparing to layoff nearly 2,000 employees in the north Texas city in the new year as the U.S. grapples with a cattle shortage. Workers at a Tyson plant in Amarillo ...
HP is laying off between 4,000 and 6,000 employees around the world by fiscal year 2028, as it looks to AI to boost its fortunes. Teams that focus on internal operations, product development, and ...