Private-sector job cuts were down 1% in the first quarter, but AI led to 40% more layoffs in tech.
Thousands of Amazon employees are slated to lose their jobs on Tuesday, according to WARN notices reviewed by Newsweek.
Layoff filings with state labor departments indicate a sluggish job market in April. The BLS will release employment numbers on May 8.
Although economists have generally downplayed the impact of artificial intelligence on jobs, some employers are highlighting ...
Recent high-profile layoff announcements from major technology companies are drawing attention, but Wolfe Research believes the trend may be less alarming than it appears.
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