American Express is cutting 5% of its workforce to 'prepare for AI'
Amex, which reported third-quarter results earlier Friday, is taking a $336 million restructuring charge in the quarter, CEO Stephen Squeri said Friday.
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Amex, which reported third-quarter results earlier Friday, is taking a $336 million restructuring charge in the quarter, CEO Stephen Squeri said Friday.
For decades, federal Pell Grants have helped millions of students from low- and middle-income families afford college. Now, for the first time, that financial aid will also be available for short-term vocational training programs designed to help students enter the workforce. Stephanie Sy reports on the rollout of Workforce Pell for our series, Rethinking Co
EBay will lay off 9% of its workforce, or about 1,000 employees, as it works to focus on its "top strategic priorities."
eBay will lay off about 9% of its workforce as the online marketplace looks to simplify operations and shift resources to its fastest-growing areas, CEO Jamie Iannone told staff in a memo that was reviewed by Reuters.
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