What Amazon’s mass layoffs are really about
Amazon — a company that made more than $35 billion in profit in the first half of 2025 and is on track to spend more than $120 billion on AI this year — is laying off tens of thousands of people, ...
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World’s largest food company is cutting 16,000 jobs due partly to automation
Nestlé will cut around 16,000 jobs worldwide over the next two years as it works to slash costs, including through automation, the world’s largest food company said Thursday. Most of the layoffs – ...
Trump’s economic messaging is clashing with reality as corporate layoffs hit a 20-year high
Americans have also given Trump low marks on the economy in recent polls. A new CNN poll, released on Monday, showed 68% of ...
Amazon could cut as many as 30,000 corporate jobs, reports say
It’s not the first round of massive layoffs for the tech giant. In 2023, the company cut 27,000 workers in its human resources department, Amazon Stores, Amazon Web Services and other divisions. At ...