A recent string of high-profile layoffs have taken up headlines and caused anxiety in the workforce. Companies announced 153,074 layoffs in October, adding up to 1.1 million cut announcements for the year, according to outplacement firm Challenger, Gray & Christmas. That makes it the worst year for layoff notices since 2009, CNBC reported. But job…
Corporate America is getting rocked by historic rounds of white-collar layoffs, leading some to wonder: Has AI finally come for their jobs? While the proliferation of generative and agentic artificial intelligence is playing a role, recent job cut announcements from companies like Amazon, UPS and Target are about a lot more than just the advance…
People pass by The Spheres in downtown Seattle, Washington, on June 25, 2025. Juan Mabromata | AFP | Getty Images Amazon said Tuesday that it will lay off about 14,000 corporate employees, marking the latest cuts in the company’s multi-year effort to rein in costs. In a blog post, the company wrote that the layoffs…
Laura Brown and Kristina O’Neill were at the top of their games. They had dream magazine jobs as editors in chief, with Brown at Instyle and O’Neill at WSJ. Magazine. Then they got fired. That’s the term they prefer, by the way. Not part of a restructure, made redundant or laid off. “Same s—canning, different…
Mark Zuckerberg, CEO of Meta Platforms. David Paul Morris | Bloomberg | Getty Images Meta will lay off roughly 600 employees within its artificial intelligence unit as the company looks to reduce layers and operate more nimbly, a spokesperson confirmed to CNBC on Wednesday. The company announced the cuts in a memo from its chief…
More companies are announcing AI-driven layoffs from Salesforce to Accenture. Twenty20 From tech to airlines, large global companies have been slashing staff as the real-world impact of artificial intelligence plays out, spooking employees. But critics say AI has become an easy excuse for firms looking to downsize. Last month, tech consultancy firm Accenture announced a…
Commuters cross the street near the Federal Aviation Administration (FAA) headquarters on October 1, 2025 in Washington, DC. Al Drago | Getty Images News | Getty Images Government shutdowns have historically been an precarious time for federal workers, both for those required to remain on the job without pay and those furloughed. This shutdown comes…
White House National Economic Adviser Kevin Hassett talks to reporters on the West Wing driveway at the White House in Washington, D.C., U.S., August 27, 2025. Jonathan Ernst | Reuters White House National Economic Council Director Kevin Hassett said Sunday that layoffs for federal employees will begin if President Donald Trump decides that congressional negotiations to end the government…
The United States Capitol building is seen in Washington D.C., United States on October 4 , 2023. Yasin Ozturk | Anadolu Agency | Getty Images Congress has until midnight on Tuesday to pass a funding bill and avoid a shutdown of the federal government. If lawmakers can’t agree, hundreds of thousands of federal employees could…
U.S. President Donald Trump gestures, as he arrives at Joint Base Andrews, Maryland, U.S., Sept. 26, 2025. Elizabeth Frantz | Reuters President Donald Trump warned Sunday of widespread layoffs if the federal government shuts down this week, telling NBC News that “we are going to cut a lot of the people that … we’re able…
