List of Flash News about store closures
| Time | Details |
|---|---|
|
2025-09-04 13:43 |
AI Job Cuts Reach 20,219 as Store-Closure Layoffs Hit 131,030; Restructuring and Bankruptcies Add to Total — Trading-Focused Labor Data
According to @KobeissiLetter, layoffs tied to store closures totaled 131,030, rising by nearly 50,000 year over year. According to @KobeissiLetter, cost-cutting via restructuring accounted for 96,871 job cuts, while bankruptcies added a further 35,744 cuts. According to @KobeissiLetter, AI is beginning to replace humans, with 20,219 job cuts attributed to artificial intelligence. |