FedEx Cuts 900 Jobs in Texas as AI Reshapes Market
FedEx shuts a Texas logistics centre, laying off 856 staff. This mirrors a wider US trend of mass layoffs as companies embrace AI and automation. Discover the impact on the job market.
FedEx shuts a Texas logistics centre, laying off 856 staff. This mirrors a wider US trend of mass layoffs as companies embrace AI and automation. Discover the impact on the job market.
Former Teen Vogue employees turn to crowdfunding after unexpected job losses, highlighting growing instability in digital media sector
Conde Nast announces Teen Vogue magazine will cease print publication immediately with significant layoffs as publisher shifts focus to digital content and video production.
Exclusive investigation uncovers how Disneyland California is implementing mass layoffs while simultaneously hiking ticket prices to record levels, creating a perfect storm for visitors and employees alike.
In a landmark move, OpenAI partners with Amazon Web Services to build cutting-edge AI datacentres powered by Nvidia's latest chips, reshaping the cloud computing landscape.
US retail giant Target faces backlash after conducting mass redundancies via Zoom, with employees discovering their fate through impersonal group video calls in latest corporate misstep.
Exclusive: Award-winning CNN correspondent Michelle Kosinski becomes latest casualty in network's sweeping cuts as insider reveals 'brutal' staff reduction strategy continues.
A CBS News employee has been dismissed after launching into a shocking racist tirade during a virtual meeting about company-wide redundancies, sparking outrage among colleagues.
Amazon Web Services cancels major New York office expansion in Wall Street district, signalling permanent shift in corporate real estate strategy as remote work reshapes business landscape.
A catastrophic AWS outage brings global business to a standstill, revealing critical vulnerabilities in our cloud-dependent economy as Amazon faces mounting pressure.
Exclusive: CBS News implements significant workforce reductions with eight employees terminated, predominantly affecting female staff members across multiple departments.
Exclusive: CBS News dismantles its dedicated Race and Culture division in sweeping layoffs that have left journalists reeling and diversity coverage in question
Global advertising giant WPP faces significant restructuring with thousands of jobs at risk after new CEO Mark Read condemns company's disappointing financial results and pledges radical transformation.
Sportswear giant Puma announces significant workforce reduction of hundreds of positions globally as company faces challenging market conditions and potential EU tariffs on Chinese imports.
American broadcaster CBS News becomes latest media organisation to announce significant layoffs, continuing troubling trend across journalism sector amid economic pressures.
Major cloud computing services AWS and Microsoft Azure experienced widespread outages, disrupting businesses globally and highlighting critical dependency on cloud infrastructure.
A significant AWS infrastructure failure has triggered widespread disruption across major digital platforms including Microsoft Teams, Slack, and various business applications, highlighting critical cloud dependency vulnerabilities.
A massive AWS outage has brought popular services like Disney+, Tinder, and Amazon's own platforms to their knees, causing worldwide disruption for millions of users.
Critical Amazon Web Services failure triggers worldwide internet disruption, affecting major platforms and services across the globe in second major outage this year.
Exclusive: Paramount Global makes dramatic cuts to CBS News' digital anchor teams as company pivots towards streaming-first strategy, leaving veteran journalists out in the cold.
General Motors announces massive layoffs across key US manufacturing plants, citing production adjustments for slower-selling vehicles and the industry's rapid shift toward electric vehicles.
Exclusive: CBS News announces significant staff reductions as parent company Paramount Global implements sweeping cost-cutting measures across its media empire, affecting multiple departments.
CBS News faces significant layoffs affecting dozens of staff across multiple departments as parent company Paramount Global enforces sweeping cost reductions amid industry-wide challenges.
Wave of layoffs hits corporate America as retail and logistics giants announce significant workforce reductions amid economic uncertainty.
In a dramatic start to 2024, retail and logistics giants including Amazon, UPS and Target announce significant workforce reductions, signalling ongoing economic turbulence.
Global delivery giant UPS announces sweeping job cuts affecting 250 Wall Street positions as part of dramatic cost-reduction strategy amid economic pressures.
Retail giant Amazon is preparing to slash up to 14,000 positions across its UK operations in one of the largest corporate layoffs in recent British history, targeting roles from warehouses to corporate offices.
A severe power failure at Amazon's Seattle data centre has triggered widespread disruption across AWS services, affecting major websites and streaming platforms in what experts are calling a critical infrastructure failure.
Amazon continues its global workforce reduction with significant cuts to its UK operations, affecting hundreds of employees across multiple divisions including its streaming and Alexa teams.
Amazon confirms major job cuts across AWS and physical stores technology divisions, signalling strategic shift toward AI-driven operations and cost optimisation.