Paramount slashes roughly 1,000 jobs, with another 1,000 coming soon, to address post-merger ‘redundancies’
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.
Experts say work-from-home era is fading fast — here’s why
President of Leasing at Newmark Liz Hart joins ‘Varney & Co.’ to discuss the nationwide return-to-office trend, surging demand for commercial space and why companies say in-person collaboration is key to productivity in the age of AI.
Hotel industry reeling as government shutdown puts millions of workers on edge
Government shutdown devastates hotel industry with $650 million in losses and $31 million in daily economic damage as the holiday season approaches.
Paramount to slash approximately 1,000 jobs in brutal round of layoffs
Paramount will slash roughly 1,000 jobs on Wednesday, Fox News Digital has confirmed, following its merger with Skydance earlier this year.
Amazon to cut around 14K corporate jobs
Amazon will eliminate 14,000 corporate positions through internal restructuring, joining over 200 tech companies that cut 98,000 jobs this year.
Federal Reserve faces dilemma amid expected rate cut decision
The Federal Reserve is expected to cut interest rates 25-basis-points at its meeting this week, though elevated inflation has created a dilemma for policymakers.
Ben Levisohn highlights sway Big Tech earnings can have on the markets
Panelists Ben Levisohn, Megan Leonhardt and Al Root analyze the markets, inflation and economic data and the auto industry on 'Barron's Roundtable.'
Meta cuts 600 jobs amid AI expansion push — as automation replaces human staff
Meta announced job cuts affecting 600 employees across AI research divisions, although the company expects most workers to find new internal roles.
Molson Coors to cut hundreds of jobs in restructuring plan
Molson Coors will eliminate 400 positions representing 9% of its Americas salaried workforce as part of a transformation strategy to accelerate growth.
Walmart halts hiring workers who need H-1B visas after Trump administration imposes new fee
Walmart has paused its hiring of candidates who require an H-1B temporary work visa, as one investment CEO applauds the move, claiming that there's "qualified Americans all over this country."
‘Made in America’ has to be taken a step further, Azoria CEO stresses
Azoria CEO James Fishback weighs in on Walmart’s halting job offers for H-1B visa candidates, stresses the importance of hiring American citizens and the upcoming September CPI report.
Amazon defends ambitious AI strategy that could prevent 600,000 future hires through innovation
Amazon's AI systems and advanced technology will create a "safe, more productive" environment for employees as the e-commerce giant plans to avoid hiring 600,000 workers by 2033.
Amazon prepares to ramp up automation hiring ambitions
FOX Business' Max Gorden speaks with Amazon's chief technologist for robotics Tye Brady about the company's aspirations to expand AI-powered jobs.
New York City could be ‘losing its footing’ as the world’s financial capital
FOX Business correspondent Madison Alworth reports from the ribbon cutting of JPMorgan’s new headquarters and examines concerns that New York City’s mayoral race could accelerate the exodus of financial jobs on ‘Varney & Co.’
'CUT THEM OFF': Economist says Biden 'relaxed the rules' on welfare benefits
Unleash Prosperity senior fellow EJ Antoni addresses how some people can get away with not working, assesses the state of the economy and more on 'Making Money.'
‘Barron’s Roundtable’: Is the credit risk flare-up the ‘canary in the coal mine?’
Jack Otter and the ‘Barron’s Roundtable’ discuss whether recent Wall Street credit worries constitute a ‘Bear Stearns’ moment and stress the possibilities of an uncertain future.
A.I. is Causing Job Displacement
A new report shows exactly how many jobs technology is displacing, and which jobs are ‘tech-proof’ for now.
Trump tells Maria Bartiromo Democrats 'made one mistake' with government shutdown
President Donald Trump told "Sunday Morning Futures" host Maria Bartiromo that Democrat Chuck Schumer is "at the end of the line" amid the shutdown.
Democrats' 'anti-Trump games' are hurting the American people: Lori Chavez-DeRemer
U.S. Labor Secretary Lori Chavez-DeRemer discusses Fed rate cuts and reacts to a judge temporarily blocking President Donald Trump’s plan to lay off thousands of federal workers on 'Mornings with Maria.'
Nestle to cut 16,000 jobs as part of cost savings initiative
New Nestle CEO Philipp Navratil is implementing a workforce reduction of 16,000 positions to accelerate growth and achieve substantial cost cuts.