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Amazon · United StatesAmazon said on Wednesday it was cutting 16,000 jobs worldwide in the second major round of layoffs at the company in three months, as it restructures after pandemic-era over-hiring and expands the adoption of artificial intelligence tools.See the Story
Amazon cuts 16,000 jobs globally to undo pandemic-era hiring amid AI push
60% Center coverage: 279 sources

PepsiCo · United StatesPepsiCo would cut the prices of core brands such as Lay's and Doritos in the U.S. by up to 15% after several quarters of price hikes based on consumer feedback on their affordability, the snacks and beverage company said on Tuesday even as its fourth-quarter results topped market expectations.See the Story
PepsiCo to cut prices on Lay's, Doritos as consumers push back
75% Center coverage: 110 sources

Target · MinneapolisBy Nathaniel Meyersohn, CNN New York (CNN) — Target’s business is in a slump, competition is bearing down and its hometown of Minneapolis is in crisis from massive federal immigration operations. It’s a fraught moment for a new CEO to start. Michael Fiddelke officially took over as Target’s chief executive Sunday. Fiddelke started his career at Target as an intern in 2003 and rose up the company’s ranks. “We have real work to do,” he said in a p…See the Story
Target’s brand new CEO faces a sales slump and turmoil in Minneapolis
71% Center coverage: 24 sources