Companies across the U.S., at least four in 10, are likely to cut jobs as artificial intelligence (AI) continues to advance, ...
I aim to explore whether AI truly poses a threat to the job market or if it could serve as a catalyst for its complete ...
Jobs and job growth in the U.S. beat expectations, as the unemployment rate fell to 4.1% in December. Meanwhile, these ...
Chief information and technology officers indicated that on average they expect a net 3% of their workforce to be cut, the survey showed.
The company's share price was down 7.3% as of 11 a.m. ET amid a 1.4% decline for the S&P 500 index and a 1.7% pullback for ...
The companies want to slim their staff to cut costs against the backdrop of technological change, especially over the next ...
Microsoft managers reportedly review an employee's AI contributions when requesting retention bonuses for those it can't ...
The Biden administration's proposal would put more pressure on companies like Nvidia to crack down on where resellers ultimately send their chips.
Layoffs are likely to persist in 2025, with major global companies like Microsoft, BlackRock, and Ally Financial planning to ...
As 2025 unfolds, layoffs continue across key industries, with technology and clerical roles most affected by automation and ...
Securities and Exchange Commission Chair Gary Gensler joins the Big Take podcast to talk about his tenure as Wall Street’s top regulator.
The government is not a factory. Standard efficiency models, which usually involve cutting workers and adding capital, may ...