Amazon announced on Wednesday that it was laying off dozens of workers in its communications and sustainability departments, and earlier this month, the company let go of 200 employees from its North America stores team. It’s only the beginning. In September, Amazon CEO Andy Jassy announced that the company would be eliminating excess layers of middle management by the end
It’s really hard to find a job right now, and the prevalence of “ghost jobs” is not helping. According to an internal review of data by hiring platform Greenhouse, 18% to 22% of job posts are ghost listings, or roles that companies aren’t actually trying to fill. Greenhouse has more than 7,500 clients, including Major League Baseball and HubSpot, and
A new report by the online career resources platform Resume Genius found that now is a great time to hold an associate’s degree (or begin the path to get one). The median salary for an associate degree holder ($62,180) is higher than the U.S. median salary ($48,060) and career opportunities for associate degree holders, or those with a two-year degree,
Despite trying to be prepared and holiday shopping early, the question of what’s open and what’s closed during Christmas inevitably always comes up. From needing last-minute gifts to home-cooked meals gone awry, it’s important to know where you can turn in times of a kitchen mishap or broken present. This year, the holidays fall midweek, and many businesses appear to
Have a question for ChatGPT but lack a Wi-Fi connection? OpenAI has introduced a new way to connect with its popular AI chatbot for U.S. users: Call 1-800-CHATGPT or 1-800-242-8478. OpenAI announced the feature on Wednesday and demonstrated how it works through a YouTube livestream. OpenAI researchers called the number with everything from an iPhone to a flip phone to
Amazon is putting its own spin on car sales — without a trip to the dealer or even a test drive. The retail giant announced on Tuesday that shoppers could buy their next car through Amazon if they lived in one of 48 major U.S. cities, including Los Angeles, Miami, New York, and Portland through “Amazon Autos” on Amazon.com. Amazon
John Cronin, a 28-year-old entrepreneur with Down Syndrome, started John’s Crazy Socks in 2016. The Farmingdale, New York-based company now sells more than 4,000 different types of socks and has hit a major milestone: over two million orders fulfilled, per a report published Wednesday by the New York Post. The socks on offer range from holiday-focused to Harry Potter-branded. There
A new study shows that the highest-paid tech job differs widely from state to state. AI education platform DataCamp drew from 2023 salary data published by the U.S. Bureau of Labor Statistics to find the tech jobs with the best average compensation by state. Though New Jersey’s top role was database architect, with an average annual salary of $158,930, the
Last week, AI startup Physical Intelligence unveiled its first general robot model, π₀ (pi-zero), which can do everything from clearing the table after dinner to folding the laundry. Earlier this year, the company was valued at $400 million. Now, a Monday report shows that the startup has reached unicorn status, surpassing a $1 billion valuation after raising $400 million, at
Daniel Lubetzky, the founder of Kind Snacks with a personal net worth of $2.3 billion, admits that his morning routine used to be exhausting. “I used to have horrible habits,” he said in an interview with Entrepreneur. Lubetzky founded Kind Snacks in 2004 and sold it for $5 billion in 2020; he is now the founder and chairman of Camino
OpenAI recently secured $6.6 billion in funding at a valuation of $157 billion, but it’s far from the only AI company with high fundraising potential. Investors poured $2.9 billion from July to September (Q3) of 2024 into the latest U.S.-based AI startups, per PitchBook data. The three startups in the U.S. that received some of the most funding were software
Netflix posted its third-quarter earnings on Thursday and beat Wall Street predictions for both subscribers added and overall revenue. Meanwhile, analysts forecast that the streaming giant will soon raise its prices. Netflix’s revenue for the third quarter was $9.825 billion, slightly more than the $9.769 billion analysts had predicted. The company also added 5.1 million subscribers, well over the 4
The average Social Security payment is increasing by $48 per month next year. The Social Security Administration announced the 2.5% cost-of-living adjustment (COLA) for 2025 on Thursday, marking the smallest increase since 2021. The average COLA was 2.6% across the past decade, with the 2024 change at 3.2%, according to the administration. The close to 68 million Social Security beneficiaries
Bank of America customers reported issues accessing their accounts on Wednesday, from log-in problems to balances incorrectly listed at $0. Bank of America has acknowledged in a statement that “some clients are experiencing an issue accessing their accounts” and the company is working on the problem. “These issues are being addressed and have largely been resolved,” the statement read. “We
In December 2020, the Federal Trade Commission ordered the biggest social media and streaming companies in the world, including Twitch owner Amazon, Facebook (now Meta), YouTube, Reddit, WhatsApp, Twitter (now X), Snap, Discord and TikTok’s ByteDance, to share how they used their users’ personal information. On Thursday, FTC staff released a 129-page report, which found that these companies all “harvest
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