General Motors (GM) is feeling the heat in the electric vehicle (EV) market. After a brief surge in sales due to a soon-to-expire federal tax credit, the company is now facing some tough realities. The Trump administration's policies have made things even harder, with changes in regulations, cancele
Big companies are saying they're letting go of workers because of AI. But is that the whole story? Let's break it down. First off, AI is supposed to make things more efficient and save money. But so far, the evidence is mixed. Some companies say they're seeing benefits, but many aren't. In fact, a
Amazon has begun cutting jobs, and AI is the reason. The company is reducing its corporate workforce by about 14, 000 roles. This move comes as AI technology is changing how businesses operate. AI is transforming industries quickly. It allows companies to work faster and more efficiently. Amazon wa
General Motors (GM) recently let go of over 200 salaried employees, mainly from its Technical Center in Warren. This move came just days after the company raised its profit expectations for the year, which led to a significant boost in its stock prices. The company stated that these job cuts were du
In the world of tech, job cuts are becoming as common as coffee breaks. For one Toronto resident, a sudden layoff from LinkedIn became the unexpected push he needed to chase a long-held dream. At 47, this former customer success manager found himself out of a job in May, with a severance package, un
A large consulting firm, Booz Allen Hamilton, is feeling the heat from President Trump's spending cuts. The company has announced it will be letting go of about 2, 500 employees. This news comes after the firm revealed that its profits for the year would be lower than expected. The cuts are part of
The US Department of Health and Human Services (HHS) is facing a significant overhaul. 20, 000 jobs are on the chopping block, which is nearly a quarter of its workforce. This move has sparked concerns from health experts and politicians alike. They worry that this shift could lead to a private sect
As the gaming industry continues to evolve, Xbox has made the difficult decision to eliminate approximately 650 roles across Microsoft Gaming, mainly in corporate and supporting functions. This move aims to realign the company's post-acquisition team structure and manage its business for long-term s
