Verizon to cut about 15,000 jobs as it restructures, a figure that’s definitely making waves. It seems that the word “restructure” has become a familiar, and often unwelcome, term in the business world, and in this case, it unfortunately signals a significant workforce reduction. The reality is that companies are under pressure, and sometimes, the easiest way to try and maintain the appearance of growth, or even just profitability, is by cutting costs, and sadly, that often means cutting jobs.
This job cut, as many have suspected, is likely tied to the implementation of AI and automation. While there’s a lot of hype surrounding AI, the truth is that for many companies, it’s becoming a key part of their strategy to replace human workers.… Continue reading
The US labor market is experiencing a significant downturn, as evidenced by a recent report from Challenger, Gray & Christmas. October saw 153,000 job cuts announced, the highest number since 2003, bringing the total for 2025 to 1.1 million, a level reminiscent of past economic crises. The tech sector is particularly affected, with AI adoption and economic factors contributing to the layoffs. These mass layoffs have sparked concern among Democratic lawmakers who point to the policies of former President Donald Trump as contributing factors to the current economic situation.
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Amazon is poised to eliminate up to 30,000 corporate jobs starting Tuesday, a move intended to curb costs and rectify overhiring that occurred during the pandemic. These cuts could affect several divisions, including human resources, devices, and operations, representing a significant reduction of nearly 10% of its corporate workforce. Managers are undergoing training to communicate the changes, with notifications set to be delivered via email. This initiative is part of CEO Andy Jassy’s effort to reduce bureaucracy and leverage AI, potentially leading to further job reductions.
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Nestle to cut 16,000 jobs as new CEO ignites a ‘turnaround fire,’ and it’s certainly a headline that grabs your attention. It seems the world’s largest packaged food company is undergoing a significant shake-up, with a new CEO, Philipp Navratil, at the helm and a clear mandate to cut costs and, crucially, win back investor confidence. That’s right, a whopping 5.8% of Nestle’s global workforce is about to see their positions eliminated. This isn’t just a small adjustment; it’s a major restructuring effort.
This move is part of a larger strategy. Navratil isn’t just trimming the fat; he’s aiming to boost efficiency and, as the analysts note, light a “turnaround fire.”… Continue reading
The United States Agency for Global Media (USAGM) announced the elimination of 532 positions across multiple international broadcasting outlets, including Voice of America (VOA), as part of a reduction in force. This decision follows a previous order from Donald Trump’s administration to reduce federal funding and streamline operations. The move comes despite a federal judge blocking the acting CEO’s attempt to remove the VOA director and ordering the administration to comply with previous orders to restore VOA’s operations. Agency employees have condemned the job cuts and are seeking further legal action.
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To address economic anxieties impacting consumer spending and increased tariff costs, Procter & Gamble will eliminate up to 7,000 positions—roughly 6% of its global workforce—during the next two years. This reduction, affecting approximately 15% of non-manufacturing roles, is part of a wider restructuring plan also involving product discontinuations in select markets. Further details on these product eliminations will be released in July. The restructuring aims to ensure the company’s long-term financial goals are met, despite current economic headwinds.
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CrowdStrike, a cybersecurity firm, announced it will cut 5% of its workforce (500 positions) due to increased AI efficiency, market demands, and product expansion efforts. This restructuring is expected to cost up to $53 million. While the company cites AI’s role in streamlining operations, experts express skepticism, suggesting financial pressures may be the primary driver. The announcement follows a major software outage last year, prompting criticism regarding the timing and allocation of resources.
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Matt Underwood 
John Q. Hosedrinker