Groupon Cuts Hundreds of Jobs as It Bets Its Future on AI
Groupon is cutting up to 400 jobs, nearly a quarter of its global workforce, as the company restructures around artificial intelligence. The layoffs are part of a broader plan to make the…
Workforce
Intuit Cuts 3,000 Jobs as It Restructures Around AI and Faster Growth
Intuit is cutting about 17% of its global workforce, equal to roughly 3,000 employees, as the maker of TurboTax and QuickBooks tries to simplify its structure and sharpen its focus on major…
A Shrinking Workforce Is Changing the U.S. Economy as Participation Falls to a Historic Low
One of the most important changes in the U.S. economy is not just slower hiring, but the growing number of people leaving the labor force altogether. The labor-force participation rate fell to…
