Layoffs have hit Amazon, UPS, Target, and more, but it has little to do with AI
Thousands of workers are falling victim to job cuts at Amazon ( AMZN ), UPS ( UPS ), Nestlé ( NSRGY ) and other big companies in an economy defined by uncertainty, artificial intelligence and global tensions. Amazon said in a memo to employees on Tuesday that it would cut about 14,000 roles from its … Read more