Goldman Sachs (NYSE:GS) , the most respected investment bank in the world, is continuing its retreat from retail Fintech ...
Wall Street looks set to end the year on a positive note, as traders await next week’s crucial payrolls report. 1. Goldman ...
Amazon-owned Twitch also announced job cuts. Twitch announced on January 10 that it would cut 500 jobs, affecting over a third of the employees at the live-streaming company. CEO Dan Clancy ...
The bank boosted its expectation for annual savings to $1.5 billion. Meanwhile, Citi, Wells Fargo and JPMorgan Chase reported marked increases in FDIC special assessment costs.
leading to job cuts. Even outside tech firms like Dropbox and Duolingo have cited AI as a reason for downsizing. Economists at Goldman Sachs previously warned that generative AI could eliminate or ...
Citi's reductions were part of a total 7,000 job cuts that will be reported in upcoming quarterly earnings as employees ...
Morgan Stanley plans to start cutting about 50 investment-banking jobs in the Asia-Pacific region this week, with at least 80 ...
HSBC joined global rivals including UBS Group, Goldman Sachs Group and Citigroup that have already made several rounds of job cuts in Asia over the past 18 months, as stock sales and mergers tumble.
TOKYO: Next year is shaping up to be another tough one for Nomura Holdings Inc’s employees in Europe, with more job losses likely as the Japanese securities firm shifts business away from the ...
Citigroup investors have rewarded CEO Jane Fraser with a share price boost after Fraser announced a sweeping overhaul of Citi ...
SHANGHAI, April 16 (Reuters) - Tesla's global job cuts are hitting China, the automaker's biggest market after the United States, affecting staff in teams including sales, two sources briefed on the ...