Verizon to sell 274 retail locations, reduce 500 jobs in fresh cost-cutting push
The telecom giant eliminated several hundred jobs in May 2026 after announcing last year it was cutting more than 13,000 roles in its largest single round of layoffs...
Tag : layoffs
The AI layoff boomerang: Is an entry-level talent crisis next?
An entire generation of graduates is discovering that the jobs they were trained for were never advertised in the first place...
Business Leader of the Week: Bill Winters-led StanChart’s AI strategy faces scrutiny
StanChart eyes investing in technology, platforms, and automation to improve operations and client services...
Jamie Dimon gives sneak peek into JPMorgan’s future workforce
As per Jamie Dimon, JP Morgan would look for options like retraining staff, redeploying workers or offering early retirement instead of making large layoffs...
Microsoft-owned LinkedIn to lay off 5% of staff: Reports
LinkedIn will also reportedly scale back investments in areas including marketing campaigns, vendor spend, customer events, and underutilised office space...
How to stop ‘circular fighting’ in your work environment
The phenomenon is called circular fighting, a recurring argument loop where the same issue is rehashed again and again...
Lip-Bu Tan’s brutal Intel reset
When the board appointed Lip-Bu Tan as Intel CEO in March 2025, they handed the keys to a demolition expert...
AI excelling, no more engineer hires in 2025: Salesforce CEO Marc Benioff
Salesforce's agentic AI is now so commonplace that CEO Marc Benioff disputes numerous studies claiming AI won't replace human labour...
IBM under fire as return-to-office order suspected of replacing human staff with AI
The Finance & Operations division is believed to be a costly unit for the company, but by employing AI, hiring fresh graduates, and outsourcing, IBM hopes to cut costs...
US unemployment claims decrease, easing labour market concerns
In May, the unemployment rate increased to 4.0% for the first time since January 2022...