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Volvo Cars is set to cut approximately 3,000 jobs, primarily affecting white-collar employees, as part of a significant restructuring plan. CEO Håkan Samuelsson aims to save $1.9 billion through ...
Artificial intelligence could wipe out half of all entry-level white-collar jobs and cause US unemployment to spike as high as 20%, according to the chief executive of a top AI company.
Volvo Cars will cut 3,000 mostly white-collar jobs as part of a restructuring announced last month as it grapples with high costs, a slowdown in electric vehicle demand and trade uncertainty ...
We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation ...
On May 12, 2025, the Department of Justice (DOJ) Criminal Division announced significant changes in its policies on investigating and prosecuting white collar crime, including a shift in focus ...
In Britain, the fast-rising minimum wage is catching up with the bottom rungs of white-collar work. Indeed, it appears that a growing number of workers outside the traditional low-paid sectors are ...
“Many people are talking about a white-collar recession. We don’t think it’s a recession—we think it’s structural. So many jobs are just going away. We think white-collar work is going ...
The Corporate and White-Collar Enforcement Policy, which comes on the heels of several other tide-shifting DOJ memoranda, 1 further advances the Trump administration’s reshaping of the white ...
Fresh off promoting his company’s technology at a developer conference, Anthropic chief executive officer Dario Amodei told CNN’s Anderson Cooper that politicians and businesses are not ...
Anthropic CEO Dario Amodei says AI could wipe out roughly 50% of all entry-level white-collar jobs. The cuts could come within five years, he says, causing unemployment to spike as high as 20%.