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Scale AI cuts 14% of workforce after Meta investment, hiring of Wang

Facade with logo at headquarters of Scale AI, San Francisco, California, June 2, 2025. Smith Collection | Gado | Archive Photos | Getty Images Weeks after Meta poured $14.3 billion into Scale AI and hired founder Alexandr Wang, the artificial intelligence startup is cutting 200 full-time employees, or 14% of its staff. Scale AI’s interim … Read more

Gen Z is right about the job hunt—it really is worse than it was for millennials, with nearly 60% of fresh faced grads frozen out of the workforce

Gen Z is slammed for complaining about how tough it is to work five days in-office, or even get a job in the first place—but their suspicions may be true. Research has confirmed, their older millennial critics had a far easier time locking down a gig to begin with.  About 58% of students who graduated … Read more

This car-repair chain’s revenue skyrocketed 130x in the past five years—and 83% of its workforce doesn’t have a college degree, including its CEO

When Matt Ebert speaks about his car-collision repair shop empire, he does so in a humble way, like his beginnings.  The CEO of Crash Champions, which reported $2.75 billion in revenue last year, came from a small town in Indiana, where earning a college degree was neither a given nor an expectation.  “We didn’t have … Read more

Amazon CEO Andy Jassy: AI will mean fewer jobs and we’ve already cut 27,000 people from Amazon’s workforce

Amazon CEO Andy Jassy delivered a clear message in his recent conversation with CNBC’s Jim Cramer: Artificial intelligence will fundamentally reshape Amazon’s workforce, automating routine jobs while creating new opportunities in advanced technology fields. Jassy’s remarks, which echo a memo he sent to Amazon’s 1.5 million employees last month, underscore both the disruptive and transformative … Read more

Bumble to lay off 30% of its workforce

Dating app Bumble announced on Wednesday that it’s laying off 30% of its workforce, impacting around 240 positions. The company said in a securities filing that the cuts are part of its plans to realign its “operating structure to optimize execution on its strategic priorities.” Bumble anticipates saving $40 million per year as a result … Read more

Bumble jumps 26% as dating company plans to axe 30% of workforce

DANA POINT, CALIFORNIA – SEPTEMBER 27: Whitney Wolfe Herd, Founder & CEO, Bumble speaks onstage during Vox Media’s 2023 Code Conference at The Ritz-Carlton, Laguna Niguel on September 27, 2023 in Dana Point, California. (Photo by Jerod Harris/Getty Images for Vox Media) Jerod Harris | Getty Images Entertainment | Getty Images Bumble shares rallied more … Read more

AI’s impact on the job market is ‘inevitable,’ says workforce expert

For those concerned about AI’s impact on the job market, Amazon CEO Andy Jassy’s recent announcement may add even more fuel to the fire. In a memo to Amazon employees on June 17, Jassy shared that the company plans to cut down their corporate workforce in the next few years due to “efficiency gains” from … Read more

Amazon to cut workforce due to generative AI

Amazon CEO Andy Jassy speaks during an Amazon Devices launch event in New York City, Feb. 26, 2025.  (REUTERS/Brendan McDermid) NEWYou can now listen to Fox News articles! Welcome to Fox News’ Artificial Intelligence newsletter with the latest AI technology advancements. IN TODAY’S NEWSLETTER: – Amazon CEO says AI will reduce his company’s workforce– OpenAI … Read more

AI will shrink Amazon’s workforce in the coming years, CEO Jassy says

Amazon CEO Andy Jassy speaks during a keynote address at AWS re:Invent 2024, a conference hosted by Amazon Web Services, at The Venetian Las Vegas on December 3, 2024 in Las Vegas, Nevada. Noah Berger | Getty Images Amazon CEO Andy Jassy said Tuesday that the company’s corporate workforce will shrink in the coming years … Read more

Why Esther Perel is going all in on saving the American workforce in the age of AI

Esther Perel has been a relationship whisperer for decades.  The renowned psychotherapist, author of Mating in Captivity, and host of the podcast Where Should We Begin? has spoken extensively about the power of intimacy in romantic relationships. Now, Perel is laser-focused on a different frontier: the workplace relationship.  “People’s expectations of work have risen tremendously, … Read more

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