A new study by Ramp found that companies investing most heavily in artificial intelligence are actually growing their workforces faster…
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SAS Institute Cuts 300 Jobs Worldwide as It Shifts Resources Toward AI and Cloud Growth
SAS Institute, the prominent analytics software company headquartered in Cary, North Carolina, has confirmed it is eliminating 300 positions companywide.…
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Whirlpool Slashes Half Its Iowa Workforce at the Plant Trump’s Tariffs Were Supposed to Save
Despite being touted as a major beneficiary of President Trump's tariffs, Whirlpool has cut more than half of its nearly…
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Steel Tariffs, a Cyberattack, and a Financing Crisis Just Brought Down a 3,200-Ton-a-Week Metal Giant
United Structures of America, a Houston-based metal fabrication and engineering company, will shut down operations due to steel tariffs, a…
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Google’s AI Contractors Built Gemini and Got Laid Off for Trying to Unionize
Hundreds of Google AI contractors employed through outsourcing firm GlobalLogic were laid off amid growing labor unrest. The workers —…
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Laurentian Bank Bets on Canada’s Middle Class to Claw Back From $117.5 Million Loss
Laurentian Bank of Canada unveiled a new strategic plan on May 31, 2024, aimed at making the Montreal-based institution "stronger,…
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Ubisoft Shuts Down Newly Unionized Studio Days After Workers Vote to Organize, Leaving 71 Jobs Gone
Ubisoft has shut down its Halifax studio just days after workers publicly announced they had unionized, affecting 71 employees. The…
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Fraud Bosses Indicted After $2.7 Billion Ponzi Scheme Triggers Mass Layoffs and $9 Billion Bankruptcy Collapse
Two Cardone Industries facilities in Cameron and Tarrant counties, Texas, permanently closed January 26, leaving 129 workers jobless. The shutdowns…
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Ibex Global Promised San Antonio 1,000 Jobs in 2014. Now It’s Closing Its Call Center and Sending Operations Offshore.
Ibex Global Solutions Inc. is shutting down its San Antonio call center at 12449 Silicon Drive in June, displacing 227…
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Lucid Group Axes 18% of Workforce and Kills Second Production Shift as Stock Craters 55%
Lucid Group (LCID) announced a major restructuring, cutting approximately 18% of its U.S. workforce and eliminating the second production shift…
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