#corporate-cost-cutting

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Business
fromwww.npr.org
5 days ago

Companies like Amazon are betting they can slow hiring and still maximize profits

Amazon is laying off 14,000 employees (about 4% of its workforce) to reduce costs, invest in AI, and pursue growth with a smaller workforce.
Artificial intelligence
fromBusiness Insider
1 month ago

The CEO of Anthropic is doubling down on his AI warning to entry-level workers

AI will likely eliminate many entry-level roles across law, consulting, administration, and finance within one to five years as firms seek cost reductions.
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