Amazon and UPS on Tuesday announced tens of thousands of job cuts, the latest signal that the U.S. labor market is downshifting.

It's a tough time for the job market. Amid wider economic uncertainty, some analysts have said that businesses are at a “no-hire, no fire” standstill.

Delivery company United Parcel Service reported higher-than-expected earnings but bigger job cuts in its business turnaround goals.

City of London veteran Quentin Nason says Gen Z should "think big" and turn to entrepreneurship as AI and automation shrink entry-level career paths.

Quonset Business Park is now home to 15,000 jobs, and state leaders celebrated that milestone Monday at a company called Hayward. Owen Surette was named the honorary 15,000th worker. "I'm very excited. I'm very honored," Surette said.

Business leaders can prepare for this shifting policy landscape to better address emerging opportunities, manage risks and strengthen their workforce.

Just one week after a report that Amazon wanted to replace 75% of its workforce with robots, the online retail giant has announced that it is laying off 14,000 employees to reduce "bureaucracy" and invest in "our biggest bets" -- namely,