When layoffs rise, people spend less, which leads to tighter bottom lines and more layoffs. Wash, rinse, and repeat.
Amazon's quarterly results will provide insights into layoffs, AI efficiency, and AWS growth.
Meta and Microsoft said they planned to spend even more on AI in 2026, and fears of a bubble keep mounting.
In a Tuesday regulatory filing, UPS said it’s cut about 34,000 operational positions — and the company announced another 14,000 role reductions, mostly ...
Amazon's massive layoffs spark fears of a broader reduction in the white-collar workforce, with AI being blamed.
Amazon stock has climbed less than half the benchmark S&P 500 over the past five years.
Microsoft and OpenAI reached a deal to allow the ChatGPT maker to restructure itself into a public benefit corporation, ...
It will take a lot more Amazon-sized layoffs for the job market to actually take a hit.
The memos mostly rehash what the company reports publicly, but often they show what developments the executive deems most important.
The Redmond-based software maker reported almost $77.7 billion in revenue for its first fiscal quarter of 2026, which ran ...
Major corporations have been blaming AI for mass layoffs. But prominent investor Elad Gil says there's another factor fueling ...