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Spotify will cut 200 jobs in its podcast unit

Just a few months after announcing a significant wave of layoffs, Spotify plans to conduct another round of layoffs. This time, the job cuts will affe...

June 5, 2023, 8:52 am

Spotify lays off 200 employees, or about 2% of its workforce

The streaming company said the layoffs were part of a pivot towards a more tailored partnership approac...

June 5, 2023, 8:32 am

Why did bitcoin’s price rise? btc hovers over $27k as investors shrug off hot jobs data

Bitcoin is holding steady after a busy week filled with a debt limit deal, a complicated jobs report that showed both robust hiring and surging layoff...

June 2, 2023, 9:14 pm

May jobs report shows hiring isn’t ready to cool, while layoffs rise

A red-hot labor market remains and that should keep the pressure on the Fed, which will also delay second half of the year recession calls. ​ The Ma...

June 2, 2023, 3:21 pm

Shopify faces $130m lawsuit over severance pay breach

Shopify, the Canadian retail tech giant, is facing a $130 million class-action lawsuit for allegedly breaching severance pay contracts with laid-off e...

June 2, 2023, 9:36 am

Sentinelone stock plunges as sales guidance disappoints; layoffs planned

SentinelOne Inc shares plummeted more than 37% in pre-market trading on Friday after the cybersecurity software company provided second-quarter and fu...

June 2, 2023, 9:26 am

Zendesk to carry out second round of layoffs

Zendesk Inc. plans to reduce its workforce by an additional 8% in a second wave of layoffs within the n...

June 1, 2023, 4:40 pm

Goldman coo warns that bank expects 25% slump in trading revenue in second quarter: media reports

The chief operating officer of Goldman Sachs Group Inc. GS warned Thursday that the investment bank is expecting a 25% slump in trading revenue for th...

June 1, 2023, 3:23 pm

Some amazon employees walk out in seattle to protest climate, office policies

Some Amazon.com Inc employees staged a walkout on Wednesday in protest of the e-commerce giant's changes to its climate policy, ...

May 31, 2023, 5:07 pm

Morgan stanley exec andy saperstein confirms layoffs and says he'll let succession process run its course

Morgan Stanley MS executive Andy Saperstein on Wednesday confirmed reports from early May that the bank plans to lay off about 5% of its workforce, or...

May 31, 2023, 3:57 pm

Seattle amazon workers plan walkout in response to layoffs and office mandate

Employees complain about company's return-to-office policy and slow response to the climate crisis...

May 31, 2023, 1:37 pm

Goldman sachs (gs) to slash jobs in ib division amid slump

In response to the global slump in deal-making, Goldman (GS) follows its peers to navigate industry headwinds by resorting to another round of ...

May 31, 2023, 12:15 pm

Goldman sachs targeting senior staff in latest cuts

Goldman Sachs (NYSE:GS) is planning a renewed round of layoffs targeted at senior managing directors an...

May 31, 2023, 8:06 am

Caution! why the meta stock rally is misleading.

Even though Meta Platforms (NASDAQ: META ) stock is up sharply year-to-date, investors need to be careful now. Meta Platforms' latest ...

May 30, 2023, 3:36 pm

'goliath is winning' as largest banks see more business flow, says wells fargo's mike mayo

Mike Mayo, Wells Fargo Securities senior banking analyst, joins 'Power Lunch' to discuss Goldman Sachs as the bank is reported to have another round o...

May 30, 2023, 3:15 pm

Goldman sachs mulling no more than 250 job cuts, source says

Goldman Sachs Group Inc. GS, -0.76% is cutting up to 250 jobs across the firm in its third round of layoffs ...

May 30, 2023, 2:54 pm

Goldman sachs prepares for third round of layoffs in a year: report

Goldman Sachs Group Inc. GS, -0.94% is bracing for a third round of job cuts in less than a year. This round will affect managing directors and other ...

May 30, 2023, 1:51 pm

Goldman sachs prepares another round of layoffs amid deal drought

The financial giant is readying cuts that will impact a range of employees, including managing directors and other senior executives, people familiar ...

May 30, 2023, 1:32 pm

Jpmorgan (jpm) & first citizens (fcnca) announce layoffs

As part of the integration process, JPMorgan (JPM) and First Citizens BancShares (FCNCA) announce layoffs ...

May 26, 2023, 9:19 am

Mark zuckerberg said he wanted meta to get to a 'scrappier place' following mass layoffs: report

Mark Zuckerberg addressed staff in an all-hands meeting Thursday, The Washington Post reported. The Meta CEO  said he wanted to get to a "scrappier p...

May 26, 2023, 8:30 am


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