Amazon to cut 30,000 office jobs
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Better reports a government shutdown has caused a data blackout, hindering economic predictions and creating mortgage rate volatility for borrowers.
The biggest corporate layoff in Amazon’s history will reportedly eliminate 30,000 jobs across multiple divisions as part of a major restructuring effort.
City of London veteran Quentin Nason says Gen Z should "think big" and turn to entrepreneurship as AI and automation shrink entry-level career paths.
Delivery company United Parcel Service reported higher-than-expected earnings but bigger job cuts in its business turnaround goals.
Quonset Business Park is now home to 15,000 jobs, and state leaders celebrated that milestone Monday at a company called Hayward. Owen Surette was named the honorary 15,000th worker. "I'm very excited. I'm very honored," Surette said.
United Parcel Service posted third-quarter results that handily beat Wall Street’s expectations and gave details about its turnaround efforts, including approximately 34,000 job cuts
Amazon is pulling back from blockbuster games. The company is laying off 14,000 people, including some across its gaming division. According to an internal memo reviewed by Bloomberg, those cuts include halting a “significant amount of our first-party AAA game development work–specifically around MMOs–within Amazon Game Studios.
UPS has since last year reduced its work force by 48,000 employees, the company said on Tuesday, in a cost-cutting drive aimed at bolstering profits and winning back investors. Th