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CNBC JOB CUTS
Uber slashes 23% of HR and recruitment jobs, says AI isn't the reason - here's why Uber is laying off employeesUber layoffs 2026 reason explained: Uber is reorganizing its People and Places division, leading to layoffs affecting approximately 23% of ...- US company ClickUp lays off 22% workforce, but CEO says bigger rewards await those...ClickUp Layoffs: ClickUp is cutting 22 per cent of its workforce as the company shifts more aggressively towards artificial intelligence-dr...
- 'More AI, fewer bankers': CEO of US' largest bank JP Morgan Jamie Dimon's remarks hint at a shift in Wall Street trendJPMorgan Chase CEO Jamie Dimon suggests artificial intelligence will significantly reduce jobs at the bank. The company plans to hire more ...
- Spotify aiming for a 'ChatGPT moment' in music and India is central to the planSpotify is embracing artificial intelligence to become a personalised audio platform. The company is developing AI playlists, conversationa...
- Jeff Bezos rejects AI-induced job-loss fears, says the technology will ‘elevate’ workersAmazon founder Jeff Bezos dismissed AI job loss fears, predicting it will instead create labour shortages and boost worker productivity. He...
- Starbucks layoffs 2026 continue: What is driving the third round of job cuts under Brian Niccol, how many workers will be impacted and what employees need to know about severance?Starbucks layoffs 2026: Starbucks is cutting 300 US corporate jobs and closing regional support offices. This move is part of a broader tur...
- Mass layoffs at Goldman Sachs? President John Waldron says "digital agents will be our robots, human assembly lines to be more digitized"Goldman Sachs is integrating generative AI 'robots' to automate tasks, aiming to boost productivity and cut costs without mass layoffs. Pre...
- Cisco stock price today: Why CSCO stock soared 17% after earnings and why Cisco is cutting thousands of jobs - here's what investors need to knowCisco stock price today after CSCO earnings: Cisco shares soared following a robust earnings report. The networking giant exceeded expectat...
- Over 92,000 tech layoffs in just 5 months of 2026: AI replacing jobs faster than expected as Meta, Microsoft, Amazon job cuts trigger fear in USTech layoffs 2026: Over 92,000 tech jobs vanished by May 2026, with April seeing the worst layoffs in two years. US tech giants like Meta, ...
- US market today: Strong US jobs data complicates any Kevin Warsh push for lower ratesStrong U.S. hiring data in April has diminished the likelihood of Federal Reserve interest rate cuts this year, bolstering the stance of of...
- Cloudflare shares plunge 18% after earnings report as AI-driven layoffs rattle investorsCloudflare's stock dropped 18% after reporting strong Q1 2026 earnings, as the company announced plans to cut over 1,100 jobs, about 20% of...
- After layoffs, Microsoft targets 7% of US workforce for buyouts - who’s affected?Microsoft is offering voluntary retirement buyouts to approximately 7% of its U.S. workforce for the first time in its 51-year history. Thi...
- Why Meta stock is rising after reports say hundreds will lose jobs across key divisions - here's which teams are impacted and what Meta plans to do nextMeta stock price today: Meta is reducing its workforce by several hundred employees across various departments. This move comes as the comp...
- CNBC to unify digital and TV news operations, cut nearly a dozen jobs, sources sayCNBC is undergoing a significant newsroom restructuring. This move aims to merge its television and digital operations. The changes will re...
- Target layoffs 2025 explained: Why is the retailer cutting 1,800 corporate jobs & which roles are impactedTarget layoffs: Target is cutting 1,800 corporate jobs, including 1,000 layoffs and 800 unfilled roles, to reignite growth after stagnant s...
- Bumble layoffs: Shares jumps over 19% after dating app plans to cut 30% of workforce — affecting 240 rolesBumble's shares surged over 19% after announcing a strategic restructuring plan involving a 30% workforce reduction, impacting approximatel...
- US job growth in April surpasses expectations, but signs of economic slowdown loomThe US economy experienced unexpected job growth in April, adding 177,000 positions, surpassing economists' predictions. While transportati...
- U.S economic outlook worsens: Recession fears spike as probability jumps to 36%, GDP forecast slashed, and tariffs overtake inflation as top threatEconomists and analysts have increased the likelihood of a US recession to 36% due to trade policies and tariffs. The 2025 US GDP growth fo...
- Struggling to keep up: Stunning new report reveals nearly 9 million Americans now juggling multiple jobs to stay afloat in tough economyAlmost 9 million Americans are working multiple jobs to make ends meet. This is the highest number since the Great Recession in 2009. Many ...
- US jobs, layoffs update: Over 1000 employees sacked by General MotorsGM or General Motors has gone for job cuts as more than 1,000 salaried employees are sacked, as per reports.
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