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.
New research reveals excessive social media use is often a habit, not an addiction. Discover the real impact on mental health and why so many feel hooked. Read the full story.
New research finds excessive social media use is often a conditioned habit rather than a true addiction. Discover how this changes responsibility and what it means for UK teens.
Tech giant HP announces plans to cut up to 10% of its global workforce, aiming to save $1 billion and integrate AI. Discover the impact on the UK tech sector.
US jobless claims fell last week to 216,000, indicating a resilient labour market despite high-profile job cuts. Discover what the latest figures mean for the economy.
Apple has made rare layoffs across its sales teams, impacting staff serving businesses, schools, and government agencies. Discover the full story behind this strategic shift.
Verizon CEO Dan Schulman announces 13,000 job cuts, impacting 13% of its workforce. The telecom giant is restructuring to slash costs and reverse customer losses. Discover the full story.
Verizon announces over 13,000 job cuts and store conversions as new CEO Dan Schulman reorients the telecom giant towards customer focus. Discover the full story.
PepsiCo shuts a Frito-Lay plant in Florida, laying off 422 workers with 46 more to go. This is part of a wider trend of US job cuts driven by falling sales and automation. Read the full report.
Verizon announces its largest-ever layoffs, cutting 15,000 jobs and converting corporate stores to franchises. New CEO Dan Schulman aims for a 'leaner, scrappier' business. Read more.
Verizon announces its biggest-ever job cuts, slashing 15,000 roles as customer losses mount and price hikes backfire. Discover the full story behind the telecom giant's crisis.
The long-standing corporate taboo of holiday season layoffs is being shattered as US firms embrace cost-cutting and AI-driven workforce reductions, creating a chilling new trend in employment practices.
Wall Street faces dramatic sell-off as employment data reveals widespread hiring freezes and rising layoffs across major US corporations, sparking recession fears.
Coca-Cola's attempt at an AI-generated holiday advertisement has spectacularly misfired, with technical errors plaguing the campaign while the company faces scrutiny over recent layoffs. Discover how the festive spirit turned sour for the beverage giant.
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.
An Australian influencer family has relocated to the UK to circumvent Australia's proposed social media ban for children under 16, sparking debate about digital parenting and regulation.
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.
The Australian government is debating a controversial proposal to ban social media access for children under 16, sparking intense debate about online safety versus digital rights.
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.
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.