US Challenger Job Cuts (May) 97.006K (Prev. 83.387K); May Job Cuts Rise 16% from April, the highest May total since 2020
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Two senior US officials told Axios that President Trump wants to end the war, Israel PM Netanyahu appears to want to resume it
Alphabet's (GOOGL) Waymo is to partner with B2U Storage Solutions to reuse EV batteries, WSJ reports
US Challenger Job Cuts (May) 97.006K (Prev. 83.387K); May Job Cuts Rise 16% from April, the highest May total since 2020
Amazon (AMZN) to invest over EUR 10bln to expand and modernise European fulfillment centres with no robotics, will add 25k more jobs
Lebanese President says the implementation of the ceasefire could begin within 24 hours of final approval, Arab News reports
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- AI drove May job cuts to 97,006, the highest May total since 2020, while tech cuts were the highest since 2023 and AI led the reasons for job cuts for a third month in a row.
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