The Information points to Google and Microsoft MSFT who have also laid off employees in their cloud divisions since their managements read the same economic forecast. At the same time, Amazon’s ...
White-collar workers have taken the brunt of layoffs and job cuts. WSJ explains why many professionals are getting the pink slip first. Illustration: Adele Morgan General Motors Co. cut several ...
Layoffs will be hitting 25% of employees across the Showtime, MTV Entertainment Studios and Paramount Media Networks groups in the U.S. Tuesday, following months of internal deliberations about ...
Siemens, the German manufacturer, is laying off “a small number” of workers at its manufacturing plant in Charlotte. A person familiar with the situation said the layoffs are because of “a ...
Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories.
On Friday afternoon, word began to circulate that NFL Network was laying off a significant number of employees. Ultimately, the actual number of affected jobs is unclear — and the characterizat ...
The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...
Stack Overflow, a question-and-answer portal for developers, will lay off 10% of its workforce, the company announced on Thursday. The job cuts, which will affect at least 58 employees ...
Clubhouse founders Paul Davison and Rohan Seth shared a letter this week (via The Verge) confirming they’re cutting the company’s team “by over 50%” and are “saying goodbye to many ...
MTV News is shutting down as a result of layoffs at Paramount. The news division's shuttering comes less than a week after Paramount Global's first quarter earnings call, during which the company ...
As a result of that change, 20% of Shopify’s staff are being laid off, effective immediately. Harish Abbott, co-founder and CEO of Deliverr, will lead the transition of Shopify’s logistics ...
OTTOWA, Canada – B2B e-commerce platform Shopify has laid off 20% of its workforce – more than 2,000 employees – and sold its logistics business to Flexport for 13% in stock. The news comes less than ...
