Amazon plans to lay off 30,000 corporate employees as it boosts AI and automation across its workforce.
Industry
Carter's to Shutter 150 Stores, Lay Off 300 Workers as Tariffs Squeeze Profits
Carter's will close 150 stores and cut 300 jobs by 2026 as rising tariffs drive up costs and squeeze profits.
Cameo Accuses OpenAI of Copying Brand Name in Sora's 'Cameo' Video Generator
Cameo sues OpenAI for using its brand name in Sora's "Cameo" video feature, alleging trademark infringement and consumer confusion.
Paramount to Lay Off Roughly 1,000 Employees in Sweeping Corporate Restructure
Paramount plans to cut about 1,000 jobs in a major corporate restructure following its merger with Skydance.
Google Denies Gmail Security Breach, Insists 'Defenses Are Strong' After Recent Reports
Google claims that no security breaches happened on Gmail despite a recent wave of reports claiming otherwise.
Latest News
Tesla warns shareholders it may lose Elon Musk as CEO without approval of his $1 trillion pay plan.
Boeing workers reject the latest contract offer, extending their strike into a third month over pay and benefits.
Search ads may be coming to Apple Maps app by next year, according to an analyst's latest report.
Over 357,000 Bio Ionic curling irons are recalled after hundreds of reported burn injuries.
Over 140,000 bottles of generic Lipitor (Atorvastatin) are recalled after failing FDA dissolution tests.
Rivian agrees to a $250M settlement over alleged IPO price misrepresentation as it focuses on launching the R2 SUV.
Boeing workers prepare to vote on a revised contract after nearly 80 days on strike, seeking better pay and benefits.
Target cuts 1,800 corporate jobs to streamline operations and boost sluggish sales.
Electronic Arts confirms its partnership with Stable Diffusion to develop games using generative AI. But how will AI be used here?
