Within 5 Years, 41% of Companies Will Cut Jobs Due to AI

U.S. Job Growth Excels But These Companies Are Announcing Layoffs
Jobs and job growth in the U.S. beat expectations, as the unemployment rate fell to 4.1% in December. Meanwhile, these ...
U.S. job cuts rise 33% M/M in December; year's total climbs 5.5%: Challenger Job Cuts report
The number of job cuts announced by U.S. employers in December rose 33% M/M to 38,792, representing an 11% increase from ...
Strong December job growth points to fewer Fed interest-rate cuts
Employers added 256,000 jobs in December, blowing past economists' expectations and signaling that the job market remains resilient in the face of still-high borrowing rates and stickier-than-expected ...
Crain's New York1h
Strong U.S. job report backs case for pause in Fed cuts
Nonfarm payrolls increased 256,000 and the unemployment rate fell to 4.1%, a Bureau of Labor Statistics report showed Friday.
The final jobs report for 2024 lands Friday. Here’s what 2025 could mean for your job
In 2024, job growth continued to cool off, settling back into a familiar gait that was roughly in line with the pace of job creation in 2010-2019.
Tax rises and job cuts as police at 'tipping point'
Residents could pay more for policing as a force warns it has already cut community officer numbers to urgently balance its ...
Reuters12d
Roche has no plans for job cuts and business is healthy, CEO says
ZURICH, Dec 29 (Reuters) - Swiss pharmaceutical company Roche (ROG.S), opens new tab is not planning job cuts and its business is healthy, CEO Thomas Schinecker was quoted as saying by a Swiss ...
200,000 Wall Street Jobs May Be Slashed By Artifical Intelligence
The financial services sector is facing disruption as AI technologies threaten to displace a considerable share of its ...
Bezos-owned Washington Post cuts more jobs
The Washington Post is laying off nearly 100 workers, or 4% of its staff, in an attempt to stem growing losses. The cuts will ...