Zuckerberg's Meta layoffs memo: 'Success isn't a given' in the AI era
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., during a dinner with tech leaders in the State Dining Room...
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Over 47,000 Samsung Electronics workers set to strike as wage talks break down, sending shares lower
TOPSHOT - Members of the Samsung Electronics labour union hold signs reading "Change it to be transparent!" as they stage...
The AI economy is rewriting the American Dream — and blue-collar workers are poised to win
From the Dayton, Ohio, suburbs to boardrooms in Dallas, the employees fueling AT&T's next wave of growth aren't fresh-faced college...
Samsung strike involving 47,000 workers looms as South Korea’s president urges labor deal
Members of the Samsung Electronics labour union hold signs reading "Change it to be transparent!" as they stage a mass...
Long Island Rail Road remains shut a second day as Monday rush hour looms
The shutdown of the Long Island Rail Road, North America's largest commuter rail system, continued into a second day on...
AI-related layoffs a boost for stocks? Not necessarily
Artificial intelligence has ushered in a bull run in stocks that has taken the broader market to new heights. Companies...
This federal program trains older workers. The Trump administration wants to cut it
A sign for the Senior Community Service Employment Program at the AARP Foundation in Harrisburg, Pennsylvania, May 18, 2017.Laurie Kellman...
Starbucks to lay off 300 U.S. employees, shutter some regional support offices
Starbucks' corporate headquarters seen in Seattle. The company announced its Q2 earnings on 27th Apr 2021. Toby Scott | Lightrocket |...
Detroit automakers have cut more than 20,000 U.S. salaried jobs as AI threat looms
The former General Motors headquarters inside the Renaissance Center in Detroit, April 15, 2024.Jeff Kowalsky | Bloomberg | Getty ImagesDETROIT...
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...
GM cutting hundreds of salaried IT workers as it trims costs, evaluates needs
The General Motors global headquarters in Detroit, Jan. 12, 2026.Jeff Kowalsky | Bloomberg | Getty ImagesDETROIT – General Motors is...
Do you need a chief AI officer? Here's how the tech is changing boardrooms
Maskot | Digitalvision | Getty ImagesSince the debut of OpenAI's ChatGPT in 2022, and the subsequent AI revolution, workers across...
Retailers are on a hiring spree. But consumers are sending warning signs
A woman walks past a "Now Hiring" sign in front of a store on January 13, 2022 in Arlington, Virginia.Olivier...
The Federal Reserve is quickly running out of reasons to cut interest rates
If the Federal Reserve still has any reasons to cut interest rates in the near future, they're getting harder and...
U.S. payrolls increased 115,000 in April, more than expected; unemployment at 4.3%
Job creation was better than expected in April, as the plodding U.S. labor market continued to defy expectations for a...
Here's what to expect from Friday's release of the April jobs report
Not that long ago, U.S. payroll growth of less than 100,000 or so a month meant the labor market was...
Private payrolls rose by 109,000 in April, topping expectations, ADP says
Private sector job creation was stronger than expected in April, providing more evidence of a stable labor market and less...
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...
Labor Secretary Lori Chavez-DeRemer leaves Trump Cabinet, Keith Sonderling takes over
Department of Labor Secretary Lori Chavez-DeRemer is resigning from the Trump administration, the White House said Monday.Chavez-DeRemer, 58, will "take...
Fed Governor Waller says Iran war and labor market risks are keeping central bank on hold
Christopher Waller, governor of the US Federal Reserve, speaks during the C. Peter McColough Series on International Economics at the...
