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, ...
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 ...
CNN
Target will lay off around 1,000 employees
Target will lay off 1,000 corporate employees and close 800 open roles — affecting roughly 8% of its global corporate workforce — the company said Thursday. The layoffs and changes “set the course for ...
CNN
IBM CEO sits one-on-one with CNN; talks rate cuts, massive U.S. layoffs, and A.I.’s threat to jobs
Prison consultant reveals new details on Ghislaine Maxwell's stay, says she's treated 'with a tremendous amount of deference' ...
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Economic slowdown forces some of America's biggest employers to eliminate jobs. Should you be worried?
Major corporations including Amazon, UPS, and Target are announcing massive layoffs affecting tens of thousands of workers.