AI robots could impact 75% of jobs in the U.S. by 2050, reshaping labor dynamics in agriculture and construction.
Yankee Candle will lay off 100 workers as part of a consolidation effort by parent company Newell Brands.
IBM's closure of its China labs results in over 1,000 job cuts amid rising geopolitical tensions.
Fed's Barkin warns that the current cautious hiring methods of US firms may transition to layoffs.
Examining the rise of silent layoffs in tech amidst AI advancements and their impact on careers.
Meta splits Reality Labs into Metaverse and Wearables groups, leading to layoffs as part of streamlining efforts.
Best Buy has carried out further layoffs and job restructurings, affecting its sales staff and reducing pay for others amid declining sales and business adjustments.
FedEx plans to reduce up to 2,000 back-office positions in Europe to counter weak freight demand, aiming to save up to $175 million annually.
Ford announces plans to cut up to 1,600 jobs at its Valencia plant in Spain as part of a broader strategy to streamline operations and prepare for future production.
CNN employees worry about potential layoffs after the network inks a deal with the Associated Press, amid ongoing strategic changes and cost-cutting measures.
California fast food restaurants cut 10,000 jobs due to the new $20 minimum wage law, impacting major brands and workers.
Google lays off at least 100 employees in its cloud unit as it shifts focus to prioritize AI initiatives.