The potential for more tariffs after the election is one threat to the economy, which otherwise looks to be on track to keep ...
Recent layoffs at Meta point to a tech industry playbook of making recurring cutbacks. These regular reductions risk damaging ...
Citigroup's cuts punctuate a tough year for Wall Street and the rest of the banking industry. Big banks with large trading and investment banking operations have been struggling throughout 2023 to ...
a prolonged slump in Wall Street deals and concern over loan losses. Read more: Big banks are quietly cutting thousands of ...
Further, Meta also doled out its first-ever dividend thanks to more cash on the books to prove it's committed to sharing its better profitability with Wall Street. While layoffs are always bad for ...
As reported by The Wall Street Journal, the layoffs are hyper-focused on staffers working on Arc XP, the Post's in-house publishing tool also used by outside media and non-media businesses ...
That round of layoffs followed the 10-percent employee reduction it made in early 2023. Bloomberg and The Wall Street Journal reported on the layoffs. Salesforce still has 1,000 open positions ...
Boeing surprised markets late Friday with news that it plans to cut about 10% of its workforce, and warned investors that it ...
The change comes on the back of repeated profit forecast cuts this year as the company's insurance segment has struggled with ...
I'm Zoe Thomas for the Wall Street Journal ... its charging network available to more electric vehicle rivals, but layoffs earlier in the year have slowed those efforts. Here to tell us more ...
U.S. stocks are drifting lower, as crude oil prices continue to climb. The S&P 500 was down 0.2% in early trading Thursday following a shaky run where worries about worsening tensions in the Middle ...
Samsung plans to lay off thousands in Southeast Asia ... while apparel sales were down more than what the Street estimated. Samsung (OTCPK:SSNLF) plans to layoff thousands of employees at company ...