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Companies blame AI for deep job cuts for second month in a row

U.S. companies have named artificial intelligence as the leading driver of job cuts for the second consecutive month, a new analysis has found.
In April, employers announced 83,387 layoffs — a 38 percent increase from March — according to a report released Thursday by Challenger, Gray & Christmas, a global outplacement firm.
AI accounted for 26 percent of those cuts, making it the most frequently cited reason for workforce reductions for a second month. So far this year, 49,135 layoffs have been attributed to AI, ranking it as the third-largest cause of planned job losses overall.
Companies are deepening their reliance on AI with major firms, including Google, Amazon, and Meta, pouring billions into the emerging technology particularly in the construction of large-scale data centers across the nation.
In April, Meta announced it would slash about 10 percent of its workforce, citing increased expenditures on AI. Earlier in the year, chief executive Mark Zuckerberg said: “I think that 2..

Rob and Michele Reiner murders: Suspect Nick Reiner is on suicide watch in solitary confinement, report says

Nick Reiner, who has been charged with the murder of his parents, the director Rob Reiner and Michele Singer Reiner, is reportedly on suicide watch in solitary confinement in a Los Angeles jail.
Reiner, 32, is being made to wear a blue suicide-prevention smock and is not permitted to communicate with anyone outside his counsel and jail and medical staff, a law enforcement source told People.
“While he is on suicide watch, a supervisor checks on him every 15 minutes to ensure his safety,” the source said. “He is currently struggling with mental health concerns, but he has not attempted self-harm. He remains alone in his cell and communicates very little.”
The Independent has contacted Reiner’s attorney for comment.
The Los Angeles County Sheriff’s department, which manages Los Angeles jails, directed questions about Reiner to the LAPD, which has not responded to an Independent request for comment.
open image in galleryNick Reiner is reportedly on suicide watch and being kept in solit..

Popular baby retailer to close 150 stores and fire 15% of workforce to make up for Trump’s tariffs

Baby clothing vendor Carter's will close about 150 stores across North America and lay off around 300 people after President Donald Trump's tariffs ate badly into its profit margins.
In an earnings report on Monday, the company said its net income for the three months ending in September had crashed by more than 80 per cent since the same period last year, from $58.3m to only $11.6m.
As a consequence, the Atlanta-based retailer will try to save around $35m per year by increasing its number of store closures by 50 and cutting around 15 percent of its total workforce, having previously announced it would close around 100 stores.
It comes as companies in multiple industries report damage to their business from Trump’s import taxes, leading many business leaders to fear that a financial crash may be imminent.
“Our third quarter performance reflected continued improvement in U.S. Retail business demand,” said CEO and president Doug Palladini on Monday.
“However, elevated product c..