Companies Are Laying Off Workers Because of AI’s Potential—Not Its Performance
Will AI lead to layoffs? Are people already losing their jobs to AI? While overall unemployment in the U.S. is still relatively low, there is »
Will AI lead to layoffs? Are people already losing their jobs to AI? While overall unemployment in the U.S. is still relatively low, there is »
Wells Fargo hiked its pay for CEO Charlie Scharf to $40 million – a roughly 28% jump – in 2025 as he helped the bank turn the page »
On a call with analysts, chief financial officer Sachin Mehra said: “Based on the recent strategic review of our business, we expect to record a one-time »