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Amazon just made deep job cuts. Its AI tools now need to prove it can do more with less.
Business Insider· 2025-10-29 21:55
Hello! Wednesday is as good an excuse as any for a happy hour. But when it comes to Wall Street's favorite watering holes, does the Financial District's Stone Street still have the juice? BI's William Edwards went to find out. In today's big story, Amazon's massive layoffs are in full swing. Could it be the start of something bigger across corporate America?What's on deck: Markets: Mulling a move to Dubai? The good (tax-free status) and bad (traffic jams) of living and working in UAE's biggest city.Tech: ...
PwC's growth stutters as it cuts head count and falls behind its Big Four rivals
Yahoo Finance· 2025-10-29 04:14
PwC's global revenue grew 2.9% to hit $56.9 billion in its latest financial year. It also cut head count by 5,600, marking a turnaround from its previous strategy to boost numbers. Reinvention of the firm will continue in 2026, PwC chairman Mohamed Kande said. PwC's global revenue is stuttering as it struggles to grow at the same rate as its Big Four rivals. The consulting and accounting firm reported on Tuesday that its global revenue grew 2.9% to hit $56.9 billion in its 2025 financial year, whic ...