Companies across the U.S., at least four in 10, are likely to cut jobs as artificial intelligence (AI) continues to advance, ...

Jobs and job growth in the U.S. beat expectations, as the unemployment rate fell to 4.1% in December. Meanwhile, these ...

The financial services sector is facing disruption as AI technologies threaten to displace a considerable share of its ...

A new study from World Economic Forum has highlighted what many people fear: AI will lead to job losses, with 41% of ...

Companies have continued to cut jobs in 2025 after a wave of layoffs last year. Microsoft, BlackRock, and Ally are among ...

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 ...

Wall Street banks, including industry giants like Citigroup, JPMorgan, and Goldman Sachs, are expected to cut up to 200,000 ...

The companies want to slim their staff to cut costs against the backdrop of technological change, especially over the next ...

Citi said in a report in June that AI is likely to displace more jobs across the banking industry than in any other sector.

"The trajectory of layoffs in 2025 will depend on several factors, including macroeconomic conditions, consumer demand, and ...