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Amazon to Cut 14K Jobs | Open Interest 10/28/2025
Bloomberg Television· 2025-10-28 17:03
Get a jump start on the US trading day with Matt Miller and Dani Burger on "Bloomberg Open Interest." Earnings, layoffs, and lofty forecasts--Investors are wading through results from UPS to UnitedHealth as Wall Street eyes 7,000 on the S&P. Corporate America tightens its belt with new job cuts at Amazon and Paramount. Plus, Apollo’s Scott Kleinman on a fresh deal with Keurig Dr. Pepper, and Merlin’s Matt George on the defense tech boom taking off in Massachusetts. Chapters: 00:00:00 - Open Interest 00:02:0 ...
X @Andrew Tate
Andrew Tate· 2025-10-28 15:20
The trend of giant corporations doing mass layoffs will accelerate.If A.I. can replace you, it will.Highlight what makes you human, anything robotic will soon be very cheap to replicate. https://t.co/Ce2hLiuIxX ...
Amazon reportedly laying off 30,000 employees
NBC News· 2025-10-28 12:12
Amazon set to announce massive layoffs, as many as 30,000 corporate job cuts. That according to Reuters, uh this is a huge headline and it's sort of wild because it's one of the biggest companies in the world. And if they're cutting 30,000 people, what does that say for other companies across the country >> and they're cutting things like advertising and HR and cloud.They're they're cutting white collar jobs. 10% of their their corporate office jobs here is what these reports are. Amazon, of course, not com ...
Fed is on track to cut rates in October and December, says Evercore's Krishna Guha
Youtube· 2025-10-24 18:06
Inflation Analysis - Inflation is described as benign for markets, with the latest print coming in cooler than expected at 3%, although it remains above the Fed's target rate [1][2] - There is no indication of a surge in goods prices due to tariffs, with goods price inflation lower than the previous month [2] - Housing services inflation is reported to be soft, while other services show slightly elevated inflation, but overall, there are no significant concerns [3] Labor Market Dynamics - The Federal Reserve is closely monitoring labor softness and risks, with recent layoffs, such as Target's 8% corporate staff reduction, being the first in a decade [4][5] - The Fed is cautious about interpreting single company layoffs, focusing instead on aggregate data, particularly initial unemployment claims, which have remained stable [6] - The ongoing government shutdown is affecting federal employment, with potential furloughs and paychecks being delayed, which could impact the labor market and demand side [7][9] Government Employment Impact - The labor market is influenced by federal and state employment dynamics, with anticipated effects from previous layoffs and furloughs expected to create noise in unemployment data [8][10] - The Fed and economists are prioritizing the analysis of private sector payrolls to understand the underlying labor market trends amidst government employment issues [10][11]
WARNING! AI Layoffs Are Coming — Is Your Job Safe?
Coin Bureau· 2025-10-17 14:00
When the next recession hits, millions of jobs will be lost, and most of them won't be coming back. That's because companies will turn to AI to cut costs instead of rehiring people, with recent data suggesting it's already happening. And beneath all the AI hype lies a weakening jobs market that few are talking about.What are you talking about. So that's why today we're breaking down why the labor market isn't as strong as it seems. which jobs are vanishing to AI, what it all means for the markets, and for y ...
Judge blocks Trump admin. layoffs, calling them illegal as government shutdown continues
NBC News· 2025-10-15 21:43
And you know all those layoffs we've been talking about, these federal workers getting fired permanently since Friday during the shutdown. Set back now on that for the Trump administration because in just the last few hours, a federal judge has stopped those firings for now saying they are not legal. So that's where things stand as of tonight, as of Wednesday night.That's after, remember, a couple of unions sued last month over that so-called riff plan. RIFFs, that's DC speak for reductions in force. So, th ...