artificial intelligence impact
Amazon Cuts 1,800+ Engineering Jobs in Historic October 2025 Layoffs as Part of 14,000 Employee Reduction
Nov 22, 2025 12:51 pm CST
Amazon implemented massive workforce reductions in October 2025, laying off over 14,000 employees with nearly 40% of reported cuts affecting engineering positions. The restructuring spans cloud services, retail, advertising, and gaming divisions, with additional layoffs expected in January 2026 as CEO Andy Jassy pushes for a leaner organization amid AI transformation.
AI: The "Bigger Force Than Trump" Reshaping the Global Economy, Says Ruchir Sharma
Nov 08, 2025 01:15 am CST
Ruchir Sharma explains how artificial intelligence has become the dominant force in the US economy, overshadowing even Trump's significant tariff policies. Despite tariff rates increasing from 2.5% to around 15%, the massive $500 billion investment in AI infrastructure by American tech giants is transforming economic outcomes and preventing an expected recession, though Sharma warns about potential overinvestment following the pattern of previous technological revolutions.
Walmart Suspends H-1B Visa Hiring as Trump's $100,000 Fee Creates Corporate Workforce Challenges
Oct 22, 2025 02:51 pm CST
Walmart has halted job offers to candidates requiring H-1B visas following the Trump administration's implementation of a $100,000 visa fee. This policy primarily impacts corporate positions at America's largest retail employer of visa holders, illustrating widespread disruption across industries as companies reassess international hiring practices amid controversial immigration reforms that have sparked legal challenges from business organizations.