Tag: The Wall Street Journal

BusinessStartupsTechnology

Fall 2025 Workforce Reductions Hit Tech and Media Sectors Amid Economic Pressures

Major companies across technology and media are implementing workforce reductions this autumn, with Rivian cutting 4% of its staff amid declining EV demand. The layoffs appear part of a broader pattern affecting multiple industries as organizations navigate economic uncertainty and technological transformation.

Widespread Job Cuts Across Key Industries

October 2025 has brought another wave of workforce reductions across the technology and media sectors, with electric vehicle manufacturer Rivian reportedly eliminating approximately 600 positions, according to Wall Street Journal reports. This represents about 4% of the company’s workforce and follows previous layoffs in 2024, sources indicate.

by Darren Holt
BusinessTechnology

Wall Street Analysts Issue Major Stock Upgrades and Downgrades Across Tech, Energy, and Retail Sectors

** Deutsche Bank upgraded space firm Intuitive Machines to buy, citing its pivotal role in lunar exploration. Meanwhile, Jefferies reinforced its bullish stance on Nvidia, suggesting the entire tech ecosystem is racing to catch up to its AI dominance. These moves highlight a day of significant analyst activity across multiple industries. **CONTENT:**

Key Analyst Upgrades and Initiations

by Mason Drayton