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63 posts
Accenture trims 11,000 jobs in a $865M restructuring push, shifting focus to AI talent and reskilling as it eyes $1B in cost savings.
Lufthansa will cut 4,000 administrative jobs in Germany by 2030 as AI and digitalisation reshape operations, even as profits and demand remain strong.
General Motors will slash 2,000 jobs in Oshawa as it cuts a shift at its plant, deepening unemployment woes in Canada's auto hub.
Anthropic will triple its international workforce and expand its applied AI team fivefold as Claude usage surges outside the U.S.
Bosch is set to cut a five-figure number of jobs as low demand and trade hurdles squeeze profits, highlighting global automotive struggles.
Thompson Rivers University slashes 150 jobs after a sharp enrollment drop, with a $20–25M budget cut planned through 2027.
AI startups are minting billionaires while human trainers earn up to $100 an hour guiding chatbots—proof that people are still at the center of the AI economy.
Starbucks announces 900 layoffs in non-retail positions and store closures as part of streamlining strategy to improve financial performance.
Trump administration warns of mass federal layoffs as October 1 shutdown deadline approaches. 800,000+ workers could be affected if Congress fails to pass budget.
Tech companies cut 97,000 jobs in 2025 as AI automation replaces human workers. Intel, Oracle, and Salesforce lead strategic workforce reductions.
The Chicago Federal Reserve releases preliminary unemployment figures showing 4.3% rate for September 2025, signaling potential labor market shifts.
US business activity continued to decelerate in September as companies pull back on expansion plans amid economic uncertainty and shifting market conditions.
Weekly unemployment claims dropped to 219,000, defying expectations as the US labor market shows mixed signals between cooling and resilience.
Job openings fall to 10-month low as US labor market shows signs of cooling, with hiring remaining sluggish despite steady employment levels.
Spirit Airlines furloughs 1,800 flight attendants and cuts 25% of November flights amid second bankruptcy filing in 12 months, targeting $100 million in cost savings.
Capital One cuts hundreds of jobs as part of Discover acquisition integration, focusing on operational efficiency and cost reduction amid industry-wide restructuring trends.
China's central bank maintains benchmark lending rates at 3% and 3.5% for the fourth consecutive month as markets show mixed signals amid ongoing economic challenges.
UK business activity drops to 51.0 in September with 50,000 job losses as manufacturing tumbles and services slow, prompting potential Bank of England policy shifts.
Gen Z graduate takes job hunting to the streets after 1,000+ applications yield no responses, highlighting the disconnect in today's labor market.
Amazon announces $1 billion investment in worker pay increases, bringing average hourly wages above $30 and rewarding long-term employees with up to 35% raises.
Rockford Police Department launches major recruitment drive with $70,958 starting salary and comprehensive benefits package. Application deadline October 31.
Italian footwear giant Geox announces plans to cut 15% of its global workforce amid declining revenues and major restructuring efforts led by new CEO.
Spirit Airlines announces flight reductions and potential job cuts as the budget carrier faces rising costs and declining demand in a challenging aviation market.
New analysis reveals how Trump's proposed tariff policies could eliminate hundreds of thousands of manufacturing jobs, contradicting campaign promises to boost American production.
