Even as fretting over the economy remains a pastime on Wall Street, third-quarter corporate profit growth has held up, helped ...

As the economy struggles to move from lower-middle to higher-middle income, AI is threatening its biggest advantage: the ...

Thousands of workers are falling victim to job cuts at Amazon, UPS, Nestlé, and other large companies, in an economy defined ...

A wave of job cuts at major US companies including Amazon, UPS, General Motors and Paramount is making unemployment ...

The job cuts have affected nearly all departments, including coordinators, transport, and shipping staff. Even long-serving employees with nearly a decade of experience have not been spared.

It is learnt Amazon’s decision to use text messages was intended to avoid confusion and uncomfortable scenes at company campuses ...

In long-awaited cuts just months after completing its $8 billion merger with Skydance, Paramount is laying off about 2,000 ...

The practice of ‘labor hoarding’—holding on to employees for fear of not being able to get them back later—has reached its ...

Amazon showed off its training facilities at a fulfilment centre just out of San Francisco where much was made of the training of staff, especially drivers who often make the “last mile” of deliveries ...

Many firms are investing billions in generative AI tools and cloud infrastructure — but that investment often comes at the ...

This method of communicating these job cuts to employees by Amazon has ignited debates about the increasingly impersonal ...

Corporate workers face job insecurity due to rising AI and changing work culture. Companies like Amazon and UPS are laying off employees. Experts reve ...