Morgan Stanley CEO James Gorman making ‘modest’ job cuts
Morgan Stanley is making modest job cuts across the globe, Chief Executive James Gorman said, as Wall Street comes under pressure with ...
Tag: layoffs
Kraken slashing 1,100 jobs as crypto turmoil spreads
Cryptocurrency exchange Kraken said on Wednesday it would cut its global workforce by 30%, or about 1,100 employees, citing tough market conditions ...
AMC Networks CEO Christina Spade resigns after less than 3 months
AMC Networks CEO Christina Spade stepped down Tuesday after less than three months on the job — just moments before ...
United Furniture Industries lays off 2,700 workers as they slept
A big US furniture company this week fired all of its 2,700 employees while they were sleeping, telling them in ...
Elon Musk’s son ran around Twitter amid key meetings: report
Elon Musk’s two-year-old son was running around Twitter headquarters and playing with toys as Musk conducted key meetings shortly after ...
NordicTrack maker to hand out raises, bonuses after waves of layoffs
The company that makes NordicTrack exercise bikes has promised bonuses and raises to employees after laying off hundreds earlier this ...
HP to cut up to 6,000 jobs as demand slumps
HP said Tuesday it expects to cut up to 6,000 jobs by the end of fiscal 2025, or about 12% of ...
Amazon cutting jobs at devices, services units
Amazon is laying off employees in its devices and services units, America’s second largest private employer informed its staff on Wednesday ...
Twitter engineer says he was fired for helping workers prep for layoffs
A Twitter engineer claimed he was fired days after Elon Musk bought the social media site because he developed a ...
Elon Musk to lay off half of Twitter’s staff, enforce return-to-office policy
Elon Musk plans to lay off about 3,700 staffers — half of Twitter’s workforce — in an effort to lower ...
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