Last updated: 2026-02-02 02:33:42 ET
Earnings Watch: With Amazon and Alphabet leading a massive earnings week, analysts are focused on hiring decisions and AI adoption.
Many corporations binged on labor during the pandemic. Now, facing economic uncertainty and AI threats, they are slimming down.
Amazon is cutting about 16,000 jobs after eliminating some 14,000 in October.
Pinterest’s stock drops after a disclosure that it plans to cut about 15% of its workforce, as it reallocates resources to AI-focused roles and prod...
Michelle Bowman, the central bank’s vice chair for supervision, is slashing staff, changing rules and adding to the tension at the Fed in the proces...
