AI-mad Verizon to continue with cuts after CEO's jobs warning
“#Verizon CEO Dan Schulman has now completed the 13,000 #layoffs he promised last November, but more could lie ahead.”
“It's quite a turnaround from a few years ago, when linking automation, let alone AI, to #JobLosses was as taboo as nudity in the workplace. No, no, managers frowned, new tech will merely liberate workers from drudgery and provide time for more satisfying pursuits. This was obviously before generative AI (GenAI) threatened to liberate content creators from creating content so they could spend more time cleaning laptop screens or making tea – until GenAI turned out to be a duff substitute prone to mendacity.” 🔥🔥🔥
Claire's set for UK high street comeback with plans to open 50 new stores
https://fed.brid.gy/r/https://www.mirror.co.uk/money/claires-new-uk-stores-comeback-37095887
Mondi Flags Cost Pressures Amidst European Plant Closures
Mondi is cutting 450 jobs in 2026 because of higher costs and closing plants in Europe. This affects workers and shows wider economic problems.
#MondiJobCuts, #EuropeanEconomy, #RisingCosts, #PlantClosures, #JobLosses
https://newsletter.tf/mondi-cuts-450-jobs-due-to-rising-costs/
Mondi will cut 450 jobs in 2026, which is a significant reduction in its workforce. This action is taken due to rising costs and European plant closures.
#MondiJobCuts, #EuropeanEconomy, #RisingCosts, #PlantClosures, #JobLosses
https://newsletter.tf/mondi-cuts-450-jobs-due-to-rising-costs/
Claire's closes all 154 stores in UK and Ireland with loss of 1,300 jobs
https://www.bbc.com/news/articles/cg4047qnpk2o
#HackerNews #ClairesClosure #UKJobs #RetailNews #EconomicImpact #JobLosses
13 Santander branches closing permanently next week - full list