Major technology companies worldwide are cutting costs, resulting in massive job losses. Firms like Amazon, Intel, and TCS are reducing their workforces significantly. These layoffs are driven by ...

Here are some companies that have moved to cut jobs recently. General Motors moved to lay off about 1,700 workers across manufacturing sites in Michigan and Ohio on Wednesday, as the auto giant ...

United Parcel Service (NYSE: UPS) shares closed Friday at $96.42, but the real story isn’t the recovery. It’s the stunning collapse in retail investor sentiment following the company’s earnings beat ...

Amazon announced a reorganization that will result in the elimination of 14,000 jobs — and said AI is a leading cause.

Normally, economists would verify their suspicions through the weekly jobless claims report, which shows how many people apply for unemployment benefits. They'd also look at a monthly report on total ...

UPS has announced it has slashed 48,000 jobs in 2025 as part of a sweeping restructuring effort aimed at improving efficiency ...

A senior Army general is retiring from his Pentagon role after less than 18 months, while an Admiral was moved out of an R&D position.

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 ...

As the ballroom story gets more damaging for Trump against a backdrop of terrible economic news, a progressive organizer ...

The U.S. stock market pushed further into record heights on Tuesday. The S&P 500 added 0.2%. The Dow Jones Industrial Average rose 161 points, or 0.3%, and the Nasdaq composite climbed 0.8%. All three ...