The full list of major US companies slashing staff this year, including Meta, ExxonMobil, and Boeing

Tech Insider : Business, Economy, Environment
A Cargill meat processing plant in Arkansas.
Cargill is cutting 5% of its workforce.

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The full list of major US companies slashing staff this year, from Hasbro to Amazon

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Hasbro toy display
Hasbro is cutting around 20% of its workforce, its CEO announced. The company is facing continued slow sales even into the toy-heavy holiday season, he said.

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Sam Altman says AI systems will automate some tasks but also lead to 'new and much better jobs'

Tech Insider : Economy
Sam A/Ryan Petersen
In response to a tweet from Flexport's Ryan Petersen, Sam Altman said AI's strength is speeding up tasks.

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Flexport's former CEO — who announced a sudden, shock departure — has removed the company from his LinkedIn résumé and moved it to the education section

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Dave Clark
Former Amazon executive Dave Clark resigned as Flexport CEO earlier this month

AP Photo/Ted S. Warren

Recruiters say Flexport CEO's decision to rescind dozens of job offers days before some were due to start is 'sick' and 'lousy'

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Ryan Petersen and Dave Clark will share the CEO position at Flexport until March.
Flexport CEO Ryan Petersen.

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Flexport CEO says he's rescinding job offer letters for candidates joining as soon as Monday: 'I have no ideas why more than 75 people were signed to join'

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Flexport CEO Ryan Petersen began rescinding job offers on Friday.
Flexport CEO Ryan Petersen began rescinding job offers on Friday.

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Ex-Amazon boss Dave Clark abruptly resigns from Flexport after just one year as co-CEO

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Amazon SVP WW ops Dave Clark
Dave Clark left a top job at Amazon to join Flexport. A year later, he abruptly resigned.

REUTERS/Lindsey Wasson

Weeks after mass layoffs, Flexport CEO Dave Clark says most of the company's work can be automated — it's just a 'question of time'

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Dave Clark smiles for a photo against a white background.
Clark's comments came at S&P Global's TPM23 conference in Long Beach, California.

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