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Friday, January 16, 2026

Tag: job losses

Inheritance Tax Changes Threaten Family Farms and Businesses

Chancellor Rachel Reeves faces backlash as new inheritance tax rules could force rural businesses to close, risking 200,000 jobs and £15bn economic impact.

Verizon Cuts 13,000 Jobs in Largest Workforce Reduction Ever

America's largest telecom company announces massive layoffs amid competitive pressures and subscriber losses. CEO cites need to streamline operations.

DeepSeek Researcher Warns AI Poses Long-Term Threat to Humanity

Chinese AI developer DeepSeek's senior researcher warns of massive job losses and societal challenges from AI, despite the technology's short-term benefits.

Amazon to Cut Up to 30,000 Corporate Jobs in Post-Pandemic Restructuring

Amazon plans its largest job cuts since 2022, eliminating up to 30,000 corporate positions across multiple divisions as part of CEO Andy Jassy's efficiency drive.

Amazon Plans Up to 30,000 Corporate Job Cuts Starting Tuesday

Amazon prepares for largest workforce reduction since 2022, cutting nearly 10% of corporate staff to address pandemic-era over-hiring and expenses.

Amazon Plans to Replace 600,000 Workers With Robots by 2027

Leaked documents reveal Amazon's automation blueprint to replace human workers with robots, potentially affecting 600,000 U.S. jobs while saving $12.6 billion in labor costs.