Updated Feb 1, 2026, 12:00 PM GMT This post originally appeared in the BI Today newsletter. Life after a layoff There's no sugarcoating last week's layoffs. Amazon is cutting 16,000 corporate jobs, pushing thousands of workers into a job market already crowded with tech talent. Business Insider was all over the news, with scoop after scoop, including internal messages revealing which teams and jobs were affected. The layoffs followed the 14,000 job cuts Amazon announced back in October. And it's

January 31, 2026, 10:53 AM ET Jim Farley, president and CEO of Ford Motor Company. Ford’s CEO Jim Farley thinks America needs a wake-up call. Speaking on the Office Hours: Business Edition podcast, Farley said Ford had 5,000 open mechanic positions that it hasn’t been able to fill, despite the possibility of an eye-popping $120,000 salary—nearly double the American worker’s median salary. | Newsletter And it’s not just Ford, added Farley. The carmaker’s struggle to fill jobs that require

January 27, 2026, 10:57 AM ET Instead of letting Citigroup’s employees fend for themselves, the $205 billion bank, led by CEO Jane Fraser, has provided workers with an AI training mandate. The next frontier of work is here, where AI agents are the new coworkers and algorithms operate as office assistants. The advanced tech is already causing a wave of layoffs, resulting in more than 54,000 announced job cuts last year alone. Now, Citigroup CEO Jane Fraser is joining the list of bosses who are

Elon Musk is merging two of the companies that he leads, SpaceX and xAI (which also owns X), into one. According to an announcement from Musk:

One analyst estimates Tesla could ultimately make $25 billion a year by selling Optimus robots manufactured on former Model S and Model X production lines

Fewer than 5 per cent of layoffs in the U.S last year resulted from AI adoption, one study found