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Anonymous · 2025-11-04T14:33:57Z

Corporate giants Amazon, UPS and Target each announced layoffs in recent weeks totaling more than 60,000 jobs cut this year. In the absence of the Bureau of Labor Statistics’ monthly jobs report, the layoff announcements have raised questions about the strength of the labor market and if it’s the start of an AI-driven, white-collar recession. While some companies investing in AI are looking to cut costs elsewhere, the layoffs more likely signal concerns about the economy and a slowdown in consumer spending, according to experts. https://www.cnbc.com/2025/11/04/white-collar-layoffs-ai-cost-cutting-tariffs.html

Corporate giants Amazon, UPS and Target each announced layoffs in recent weeks totaling more than 60,000 jobs cut this year.
In the absence of the Bureau of Labor Statistics’ monthly jobs report, the layoff announcements have raised questions about the strength of the labor market and if it’s the start of an AI-driven, white-collar recession.
While some companies investing in AI are looking to cut costs elsewhere, the layoffs more likely signal concerns about the economy and a slowdown in consumer spending, according to experts.
https://www.cnbc.com/2025/11/04/white-collar-layoffs-ai-cost-cutting-tariffs.html

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