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Girard: The labor market may be weakening, but wage growth is slowing too
CNBC Television· 2025-11-05 12:20
All right, kind of a a a solid estimate there of job gains. However, in recent weeks, we've seen a number of layoffs. IBM just the latest uh saying they're going to cut a low single-digit percentage of its workforce, which you know is going to be thousands of people.Give us a sense. Does this report in your mind, does this show a blip or does it show kind of a rebound in what we're seeing. Because so far it's been a low hire, low fire year.>> It is. It has been. Although we have seen in in the latest number ...
X @Forbes
Forbes· 2025-11-04 20:00
Who’s hit hardest by corporate America’s mass layoffs? Here's what research reveals: https://t.co/KJvYObiblU ...
Is AI behind recent job cuts? Here's what to know
CNBC Television· 2025-11-04 17:01
Welcome back. Uh, advances in artificial intelligence have certainly been blamed a bit for a host of corporate layoffs that we've seen recently, but are companies using the technology perhaps as an excuse that are covering up other weaknesses. Steve Leeman has that story for us.Steve. >> David. Yeah.48,000 layoffs at UPS, 14,000 at Amazon, 1,800 at Target. A slew of layoffs have raised fears that AI is already whacking corporate jobs, but not so fast. In some cases, companies could be involved in AI washing ...
The Truth About AI And The Mass Layoffs
CNBC· 2025-11-04 17:00
Between January and September 2025, there have been more than 946,000 job cuts announced, with roughly 300,000 from the government sector. That's the highest since 2020, and it's a 55% increase from what we saw last year through the same time period. It would make sense to think AI is to blame for the layoffs.Now that we've had generative AI come in and kind of change the equation, investors and boards are asking management teams: how are you using AI. Why aren't you using AI. Can AI help you streamline cos ...
Is AI behind the recent job cuts? Here's what to know
CNBC Television· 2025-11-04 13:15
been a string of corporate layoffs uh in recent weeks in articles uh in Wall Street Journal uh about white even white collar workers stupidly I'm wearing white collar Steve Leeman is here smart enough to wear blue collar uh is AI uh intelligence is that to blame u should investors be wary >> we we did a a joint in a joint research investigative story with this using Gabriel Fon Rouge our retail reporter on. com myself Frank Holland and we looked into this 48 38,000 jobs at UPS, 14,000 at Amazon, 1,800 at Ta ...
X @Forbes
Forbes· 2025-11-03 17:20
Despite the emotional weight of layoffs, a troubling empathy gap exists between leadership and employees. https://t.co/C7P9RIBGsR ...
X @Forbes
Forbes· 2025-11-03 16:44
Despite the emotional weight of layoffs, a troubling empathy gap exists between leadership and employees. https://t.co/C7P9RICeip ...
How workers are trying to get ahead of a job market full of uncertainty
Business Insider· 2025-11-03 14:35
Core Insights - The labor market is experiencing heightened anxiety regarding layoffs, prompting workers to proactively prepare for potential job losses [3][4][5][6][8] Labor Market - Many workers are diversifying their income through side hustles or additional full-time jobs to mitigate the impact of potential layoffs [4] - The labor market has been largely stagnant, with minimal hiring or firing, but recent weeks have seen an increase in rolling layoffs, which are smaller, incremental job cuts [5] - Companies are increasingly leveraging AI technologies, which raises concerns about reduced headcounts as firms seek efficiencies [6][7] Company Actions - Amazon's recent layoffs were initially framed as a move towards a leaner operation in the context of AI, but later statements from CEO Andy Jassy clarified that the layoffs were not directly driven by AI considerations [7][8] - The company's focus is shifting towards cultural changes and demonstrating its capabilities in AI, as evidenced by its strong Q3 earnings report following the layoffs [13] Investment Opportunities - The Tema Electrification ETF (VOLT) is highlighted as a potential investment opportunity, expected to benefit from the AI data-center boom and projected to outperform the S&P 500 by approximately 20% by 2027 [9]
X @Bloomberg
Bloomberg· 2025-11-03 11:08
The US has been in a “low hire, low fire” economy, with employers resisting outright job cuts. That seems to be coming to an end https://t.co/V7EOiosgUv ...
X @Bloomberg
Bloomberg· 2025-11-02 20:05
Amazon's latest layoffs illustrate the AI canary in the coal mine for India's hopes of becoming a wealthier nation, @andymukherjee70 says (via @opinion) https://t.co/2O0q2drm0Q ...