Consumer sentiment in the US has fallen to a near-record low due to the ongoing federal government shutdown, raising concerns about the economy's future. The latest survey shows widespread anxiety among consumers.
The October job market shows troubling signs as announced job cuts skyrocket and job postings hit a low not seen since 2021, raising concerns about the ongoing government shutdown's impact on employment.
After a tough session for tech giants like Nvidia and Microsoft, stock futures show slight gains. With job cuts at a two-decade high, what does this mean for investors? A potential end to the government shutdown may offer hope.
Employers have announced a staggering 1.1 million job cuts in 2025, the highest since the pandemic, with October seeing a notable surge. Are we facing an impending recession?
As major companies like Meta and Amazon announce job cuts, experts reveal alarming trends indicating layoffs may be on the horizon. Discover the signs to watch for and how to prepare your career.
Amazon announces layoffs affecting 2,303 employees, primarily impacting software engineers in Washington. The move reflects a shift in tech jobs as AI tools reshape the industry. Are you at risk?
In a significant shakeup, Paramount has begun laying off 1,000 employees as part of a strategy to cut costs and streamline operations under new CEO David Ellison. This move marks the first phase of a broader plan to eliminate 10% of the workforce, reflecting the challenges facing the entertainment industry amid changing consumer habits.
Amazon has announced a significant reduction of 14,000 corporate jobs, marking a pivotal shift in how AI is impacting the workforce. This decision reflects a larger trend of leveraging AI to streamline operations, potentially displacing middle management roles.
In a surprising turn, UPS reports third-quarter earnings that exceed Wall Street expectations, despite announcing 48,000 job cuts as part of its turnaround strategy. Shares surged over 7% in response.
In a surprising move, Amazon is set to lay off up to 30,000 corporate workers as part of cost-cutting measures. This could be one of the largest layoffs in recent months, following aggressive hiring during the pandemic.