menu search

5 things to know before markets open

EV truck maker Lordstown Motors files for bankruptcy and online brokerage Robinhood cuts 7% of its workforce...

June 27, 2023, 7:41 am

Robinhood cuts 7% of workforce amid slowdown in trading volumes

Stock brokerage app Robinhood has laid off about 150 employees, or 7% of its workforce. The job cuts ...

June 26, 2023, 8:49 pm

Intercept (icpt) to restructure operations, cut workforce

Intercept (ICPT) looks to restructure operations, discontinue all NASH-related investments and reduce its work...

June 26, 2023, 2:16 pm

Blackrock (blk) slashes jobs amid budget reallocation move

BlackRock (BLK) announces job cuts that will impact less than 1% of its workforce as the firm shifts it...

June 26, 2023, 12:01 pm

Lcid stock skyrockets as lucid and aston martin agree ev deal

Lucid Motors (NASDAQ: LCID), the luxury electric vehicle (EV) manufacturer, has encountered a challenging year so far after grappling with missed reve...

June 26, 2023, 10:05 am

Intercept announces restructuring to strengthen focus on rare and serious liver diseases and significantly reduce operating expenses

Measures reinforce Company’s ability to drive growth in PBC business and continue developing innovative new medicines Company to discontinue all NAS...

June 23, 2023, 10:30 am

Here's why investors may bet on alaska air (alk) stock now

Alaska Air Group (ALK) is gaining from robust air-travel demand and expects to boost its fleet and workforce...

June 22, 2023, 11:06 am

Abra announces new features for talent users and a self-service portal for employers

MAITLAND, Fla., June 20, 2023 (GLOBE NEWSWIRE) — Abra, the workforce platform built exclusively for H...

June 20, 2023, 7:12 pm

Electric truck maker nikola to cut 23% of workforce

Nikola Corp. is laying off 270 employees, or about 23% of its workforce, and restricting its electric t...

June 16, 2023, 5:33 pm

Nikola to lay off about 10% of its workforce

Nikola Corp. stock NKLA, -15.00% wavered between gains and losses in the extended session Friday after the EV maker said it planned to let go of about...

June 16, 2023, 4:20 pm

Goldman sachs employees are concerned about ceo david solomon's leadership style

CNBC's Hugh Son joins 'The Exchange' to discuss internal conflict within Goldman Sachs, concerns about CEO David Solomon's DJ lifestyle, and undercurr...

June 16, 2023, 2:27 pm

Sonos (sono) cuts workforce to optimize its cost structure

Sonos (SONO) is set to reduce its workforce by approximately 7%, lessen its real estate footprint and r...

June 16, 2023, 10:06 am

Binance.us reportedly laid off dozens of staff amid sec lawsuit

The US affiliate of Binance has laid off around 50 staff across divisions in the latest round of reducing the ...

June 16, 2023, 6:35 am

Truecar stock revs higher on big staff cuts; new ceo

TrueCar (NASDAQ:TRUE) Inc shares climbed 10% to $2.72 on Thursday after the car-pricing platform announced that it is eliminating 24% of its ...

June 15, 2023, 11:35 am

Bell media slashes 1,300 jobs; prominent journalists let go

BCE Inc's Bell Media division announced Wednesday it is eliminating 1,300 jobs, or 6% of its workforce,...

June 15, 2023, 10:21 am

Sonos announces layoffs: is the beaten-down stock a buy?

Sonos will lay off 7% of its workforce as it looks to cut costs. Demand for its pricey speakers is slum...

June 15, 2023, 6:25 am

Truecar is restructuring and changing management as losses continue

TrueCar, the online vehicle listing platform, is set to undergo a strategic restructuring aimed at rationalizing its organization and improving effici...

June 14, 2023, 7:10 pm

Truecar stock jumps 8% after layoffs, new ceo news

Shares of TrueCar Inc. TRUE rallied more than 8% in the aftermarket Wednesday after the car-pricing platform announced a restructuring, which includes...

June 14, 2023, 4:26 pm

Can chegg's ai pivot save it from disruption?

On Monday, Chegg NYSE: CHGG announced that it is laying off 4% of its workforce and parlaying the cost ...

June 14, 2023, 1:14 pm

Sonos to cut 7% of workforce and scale back real estate in cost cutting

Sonos Inc. SONO said Wednesday it's planning to cut 7% of its workforce and will scale back its real es...

June 14, 2023, 8:47 am


Search within

Pages Search Results: