Lucid to lay off roughly 18% of U.S. workforce, COO Marc Winterhoff leaves
Lucid electric vehicles are seen at the New York International Auto Show on April 2, 2026.Danielle DeVries | CNBCLucid Group said...
Layoffs
Amazon unveils latest warehouse robot as tech giants continue AI layoffs
Amazon's original Proteus robot has been rolled out in 25 fulfilment centers in the U.S.Sawdah BhaimiyaAmazon has unveiled its latest...
Laid-off GM employees tell of ominous email, severance and role of AI
DETROIT — An ominous email about an oddly timed 15-minute virtual meeting. A scripted message from human resources. And an...
Nike cuts 1,400 roles in second round of layoffs this year
People walk past a Nike store in New York City, on April 2, 2025.Kylie Cooper | ReutersNike announced a new...
Snap's stock jumps 7% after announcing plans to lay off up to 16% of its workforce
Omar Marques | SOPA Images | Lightrocket | Getty ImagesSnap's shares jumped on Wednesday after the company announced plans to...
Disney plans layoffs of as many as 1,000 employees
People gather at the Magic Kingdom theme park before the "Festival of Fantasy" parade at Walt Disney World in Orlando,...
Crypto.com lays off 12% of workforce in latest company to cite AI in job cuts
Omar Marques | Lightrocket | Getty ImagesCryptocurrency trading platform Crypto.com announced Thursday that it is laying off 12% of its...
How the red-hot AI data center boom is igniting demand for a new, lucrative career path: trade workers
Demand for new AI data centers is surging, but they can't build themselves. Big Tech is funneling billions into building...
Meta planning sweeping layoffs as AI costs mount: Reuters
Meta CEO Mark Zuckerberg makes a keynote speech during the Meta Connect annual event, at the company's headquarters in Menlo...
Are Jack Dorsey's aggressive job cuts the start of an AI jobs apocalypse? Economists weigh in
Block CEO Jack Dorsey's move to cut nearly half the company's workforce is shining a spotlight on a growing question...
Target steps up investment in store staffing, cuts about 500 other roles to help fix customer experience
Target said Monday that it's stepping up store staffing, but eliminating about 500 jobs at distribution centers and regional offices...
UPS to cut additional 30,000 jobs in Amazon unwind, turnaround plan
A worker drives a United Parcel Service (UPS) truck on Oct. 28, 2025 in Los Angeles, California.Mario Tama | Getty...
AI is helping recruiters find ‘hidden gem’ talent — a senior LinkedIn exec shares top tips to stand out
Around 80% of workers feel unprepared for the job hunt in 2026, new LinkedIn research finds. Filadendron | E+ |...
In defense of junior staff: Why replacing young people with AI could spark a 'talent doom cycle'
In the U.S., postings for entry-level jobs have declined about 35% since January 2023, per data from labor research firm...
Paramount Skydance expects another $1B in merger savings as David Ellison resets spending
Paramount Global and Skydance logos are seen in this illustration taken December 17, 2024. Dado Ruvic | ReutersParamount Skydance said...
AI-washing and the massive layoffs hitting the economy
Corporate America is getting rocked by historic rounds of white-collar layoffs, leading some to wonder: Has AI finally come for...
Trump threatens mass firings of federal workers if government shutdown isn't averted, NBC News reports
U.S. President Donald Trump gestures, as he arrives at Joint Base Andrews, Maryland, U.S., Sept. 26, 2025.Elizabeth Frantz | ReutersPresident...
Starbucks to close stores, lay off workers in $1 billion restructuring plan
In the message to employees Thursday, Niccol said the company had reviewed and identified stores where the company would be...
Nike to lay off about 1% of corporate staff in its latest effort to refocus the business
Nike is planning another round of layoffs as part of CEO Elliott Hill's efforts to realign the business and get...
In recent layoffs, AI's role may be bigger than companies are letting on
Klaus Vedfelt | Digitalvision | Getty ImagesAs rounds of layoffs continue within a historically strong stock market and resilient economy,...
