As layoffs pile up, workers are feeling increasingly anxious about the job market. Economists have said businesses are in a "no-hire, no-fire" standstill as hiring stalls overall.

The company has been recalibrating its work force, expanding its use of AI tools and scaling back on hires made during the pandemic ...

ASML Holding NV — one of the key beneficiaries of the AI boom as the sole supplier of the advanced machines that can make ...

“What we need to remember is that the world is changing quickly." Amazon has announced that it will cut an estimated 14,000 jobs from its corporate workforce as it focuses on “reducing bureaucracy, ...

Amazon is preparing to lay off thousands of employees in a broad corporate workforce reduction that could begin as early as ...

Amazon is laying off 16,000 employees, the company’s second round of massive job reductions in two months as it fights to improve its standing in the battle for AI supremacy.

Amazon will slash 30,000 corporate jobs starting Tuesday, according to a report — unleashing one of the US’s biggest job bloodbaths this century as the company aggressively revamps its business with ...

The e-commerce giant has been cutting costs while pouring resources into building data centers to compete in the race to dominate artificial intelligence.

Amazon is warning its employees that artificial intelligence will help the company have a smaller workforce in the future. In a blog post Tuesday that was sent out earlier to employees, Amazon CEO ...

In a memo to staff on Tuesday, Amazon CEO Andy Jassy stated that he expects Amazon’s workforce to shrink “in the next few years” due to AI. He encouraged employees to use AI and participate in ...