Yankee Candle will close 20 stores in January across the U.S. and Canada as part of Newell Brands' retail optimization, and Newell will cut 900 employees.
AT&T Bets on Fiber Growth While Verizon Cuts 15% of Workforce
AT&T's fiber-driven convergence and spectrum investments are driving revenue and cash flow growth while Verizon faces revenue shortfalls and begins major restructuring including 15,000 layoffs.
CEO Demands Employees Start Using AI, Fires Anyone Who Doesn't
AI's technical, legal, and security limitations make it ill-suited to automate most human jobs despite investor hype and corporate pressure to adopt AI quickly.