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  2. Economy
142 new news items in the last 24 hours
30 October 06:12

Many corporations, including Amazon and Nestlé, are announcing massive layoffs due to the economic slowdown and the transition to automation.

Raluca Ioana Draghici
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Economy
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In the context of a slowing economy and an accelerated transition towards automation based on artificial intelligence, international corporations such as Amazon, Nestlé, and UPS are significantly reducing their workforce. In October, American companies announced over 25,000 layoffs, and UPS eliminated 48,000 positions at the beginning of the year. In Europe, job cuts exceed 20,000, with 16,000 positions coming from Nestlé, which is restructuring its operations. Amazon has confirmed the elimination of up to 14,000 positions, and estimates suggest that the number could reach 30,000. The cuts particularly target office employees, who are more vulnerable to automation. Analysts note that these cuts reflect a structural trend, with companies under pressure to demonstrate the profitability of investments in AI. Economists warn that an acceleration of layoffs could affect consumer confidence and the economic stability of the U.S., already impacted by inflation and trade tariffs.

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Marile companii globale anunţă valuri de concedieri, pe fondul scăderii încrederii şi al presiunii investiţiilor în AI
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Wall-street
Măcel pe piața muncii în IT: peste 25.000 de concedieri într-o lună. Amazon, Nestle și UPS reduc angajații

ȘTIRI PE ACELEAȘI SUBIECTE

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International
Amazon has announced the layoff of 14,000 employees, part of a restructuring process for efficiency, in the context of prioritizing investments in artificial intelligence.
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International
Amazon laid off 14,000 employees in October, with 40% of the layoffs affecting engineers. The company is transforming into a leaner organization focused on innovation.
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Current Affairs
Amazon laid off over 14,000 employees in October, particularly affecting engineers, who accounted for nearly 40% of the total.
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International
Amazon will lay off up to 30,000 employees to cut costs, affecting nearly 10% of corporate employees.
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International
Allianz intends to eliminate 1,800 jobs in the travel insurance division due to automation through artificial intelligence.
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Amazon Nestle ups Redundancies automation jobs workforce AI technology restructuring

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