Amazon just cut 14,000 jobs
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8hon MSN
"No hire, no fire" job market may no longer be a thing as big companies announce mass layoffs
Amazon and UPS on Tuesday announced tens of thousands of job cuts, the latest signal that the U.S. labor market is downshifting.
10hon MSN
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.
Delivery company United Parcel Service reported higher-than-expected earnings but bigger job cuts in its business turnaround goals.
In response to strong sales, GM has increased its automotive operating cash flow guidance for 2025 to $19.2 billion to $21.2 billion, up from an estimated $17 billion to $20.5 billion.
City of London veteran Quentin Nason says Gen Z should "think big" and turn to entrepreneurship as AI and automation shrink entry-level career paths.
On Tuesday, October 28, word spread like wildfire that Amazon was initiating a huge number of layoffs. While Amazon’s Senior Vice President of People, Experience and Technology Beth Galetti said the decision would impact roughly 14,000 employees, insiders told national news outlets that number could be more than doubled.