Amazon to announce thousands of corporate job cuts
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12hon MSN
"No hire, no fire" job market may no longer be a thing as big companies announce mass layoffs
Amazon and UPS on Tuesday announced tens of thousands of job cuts, the latest signal that the U.S. labor market is downshifting.
Layoffs have been expected since the industry-changing merger put CEO David Ellison in charge of the newly formed Paramount, a Skydance Corporation, in August.
City of London veteran Quentin Nason says Gen Z should "think big" and turn to entrepreneurship as AI and automation shrink entry-level career paths.
The Keystone state ranks among the worst in the country for jobs, according to WalletHub, a personal finance firm. Pennsylvania ranked 44th overall, with just North Carolina, Oregon, Alaska, Kentucky, Louisiana, and West Virginia getting worse marks.
The nation's northeastern counterparts ranked most positively in the report. The top five were Massachusetts, Connecticut, Minnesota, Vermont, and New Hampshire. On the flip side, West Virginia, Louisiana, and Kentucky scored the worst for job hunters.