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A Spirit Airlines Airbus A320 taxis at Los Angeles International Airport after arriving from Boston on September 1, 2024 in Los Angeles, California. Kevin Carter | Getty Images News | Getty Images Spirit Airlines CEO Dave Davis on Wednesday braced staff for more job cuts and said the carrier plans to slash its schedule in […]
Wegovy-maker Novo Nordisk will cut 9,000 jobs, or about 11.5% of its workforce, in a restructuring to save $1.26 billion annually, it said on Wednesday, as it battles rising pressure from US rival Eli Lilly “Novo Nordisk today announced a company-wide transformation to simplify its organization, improve the speed of decision-making, and reallocate resources towards the company’s growth opportunities in diabetes and obesity,” it said […]
OpenAI CEO Sam Altman (L) attends a meeting of the White House Task Force on Artificial Intelligence Education in the East Room of the White House on September 04, 2025 in Washington, DC. Chip Somodevilla | Getty Images News | Getty Images OpenAI has announced it is developing an AI-centered jobs platform as part of […]
Markets fell sharply Friday morning as concerns over cooler-than-expected employment figures and anxiety over President Trump’s tariffs put a halt to their scorching run. In mid-morning trading, the Dow was down 538.07 points to 43,592.91, representing a 1.22% decline. The S&P 500 fell 84.72 points to 6,254.67, down 1.34%, while the Nasdaq dropped 357.10 points […]
New York State hasn’t recovered all of the construction lobs it lost during the pandemic shutdown – partly because of less demand for office space, a new report released Thursday said. There is 16,300 fewer construction jobs in the Empire State, 4% lower than before the COVID-19 shutdown — the second lowest recovery among all […]
A worker prepares orders at an Amazon.com Inc. fulfillment center. Jason Alden | Bloomberg | Getty Images Daphnee Poteau, a Haitian who came to the U.S in 2023, began working for Amazon last year at a returns center in Indianapolis. While packing up boxes, she met her husband Kristopher Vincent, who’s been at the site, known as […]
LAFAYETTE, Ind. — President Donald Trump has said he wants to bolster manufacturing jobs and other technical employment in the United States. But in the aviation industry, finding skilled workers to make airplanes and engines — and maintaining those jobs for years to come — has been a struggle. The average age of a certified […]
The head of one of the world’s most powerful artificial intelligence labs has warned the technology could eliminate half of all entry-level, white-collar jobs within the next five years. Fresh off promoting his company’s technology at a developer conference, Anthropic chief executive officer Dario Amodei told CNN’s Anderson Cooper that politicians and businesses are not […]
Volvo Cars will cut 3,000 mostly white-collar jobs as part of a restructuring announced last month as it grapples with high costs, a slowdown in electric vehicle demand and trade uncertainty, it said on Monday. The layoffs come as the Swedish automaker tries to resurrect its rock-bottom share price and drum up better demand for its cars […]
Walmart — the nation’s largest private employer — is cutting more than 1,000 corporate jobs as the company tries to lower its expenses and streamline decision-making as pressure from tariffs mounts. Walmart U.S. CEO John Furner and Walmart Global Chief Technology Officer Suresh Kumar said in a memo to employees on Wednesday that the company is reshaping […]
