Big Banks’ Q3 Earnings: JPMorgan Misses, Goldman Posts Its Second-Best Revenue Quarter Ever
Fortune's numbers show a split result, and the AI return figure Fortune's columnist asked for did not feature in its…
Fortune's numbers show a split result, and the AI return figure Fortune's columnist asked for did not feature in its…
Axios reports AI was the most commonly cited reason for U.S. job cuts for a fifth straight month in July.
The May 20 announcement came the same day Meta confirmed about 8,000 job cuts in a memo from Mark Zuckerberg.
The February move of about 4,000 jobs was among the most explicit AI-linked layoffs of the year.
The July SEC filing cites a restructuring tied to AI-driven strategy; Microsoft also cut 4,800 roles.
CEO Ryan McInerney said AI is helping to accelerate the shift, though a source said it was not the sole…
Fortune's August 14 newsletter lists a wave of leadership changes at the lab.
Fortune argues that AI strategy is now a defining test in choosing the next chief executive.
Her July move was followed by more executive changes, including a new chief revenue officer.
The August 11 appointment shows big retailers elevating AI to the executive team.