Verizon to Cut 13,000 Jobs, Set Up $20 Million “Reskilling” Fund for Laid Off Staff In “Age of AI”
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Verizon to Cut 13,000 Jobs, Set Up $20 Million “Reskilling” Fund for Laid Off Staff In “Age of AI”

If this is the year of publicly-traded companies signaling to Wall Street that they’re going to do more with less, in preparation for an AI-driven economy, add Verizon to the list of giants cutting a substantial number of jobs in a pivot. The company, newly led by former PayPal mogul Dan Schulman, said Thursday that

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Job cuts hit 22-year October high as retail layoffs from Amazon to Target mount ahead of holidays
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Job cuts hit 22-year October high as retail layoffs from Amazon to Target mount ahead of holidays

U.S. firms announced the most job cuts for any October in more than 20 years, fueled in part by mass layoffs at major retail companies. Employers slashed 153,074 jobs last month, up 175% from a year earlier, according to a Thursday report from global outplacement and executive coaching firm Challenger, Gray & Christmas. October’s total

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Your phone rings, and it’s a number from Sweden. Do you answer? A Nobel Prize winner didn’t

BERLIN — BERLIN (AP) — For some Nobel Prize winners this year, the news came with a knock at the door before dawn. For others, it was a long-awaited phone call honouring a discovery made decades ago. One of the medicine prize winners, meanwhile, was on vacation in Yellowstone National Park without cellular service. It […]

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