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Bed bath & beyond is sued by ousted ceo over unpaid severance
By Jonathan Stempel NEW YORK (Reuters) – Bed Bath & Beyond Inc was sued on Friday by Mark Tritton, who was ousted last June as chief executive of th...
April 1, 2023, 1:00 am
Cost to borrow virgin orbit (vorb) stock surges higher
Virgin Orbit (NASDAQ: VORB ) stock is plummeting lower following an announcement that the space launch company is laying off 85% of its staff, equival...
March 31, 2023, 12:57 pm
Amarin stock falls after ceo mikhail resigns, company disputes ceo asserting of entitlement to severance
Shares of Amarin Corp. AMRN, -5.19% rose dropped 5.5% toward a near three-month low in premarket trading Friday, after the biopharmaceutical company f...
March 31, 2023, 10:17 am
Amazon: ultimate turnaround with cash flow improvements
Amazon's free cash flow has improved massively from negative $15.48 billion in Q1 '22 to positive $20.8 billion by Q4 '22. On March 20th, Amazon annou...
March 28, 2023, 12:30 am
Gm buyout: workers offered severance packages of up to 12 months
GM announced late last month that it would be slashing jobs and cutting some $2 billion in costs over the next two years....
March 10, 2023, 10:22 am
Former adidas boss to receive €16mln following departure
Kasper Rorsted the former chief executive officer of Adidas is set to receive €16mln following his departure in November, according to the company....
March 8, 2023, 9:08 am
Laid-off meta cafeteria workers ask for the same severance as the company's employees
The more than 100 cafeteria workers who were recently laid off at Meta Platforms Inc. are asking the giant tech company to treat them like it did its ...
March 1, 2023, 3:48 pm
Mass layoff exit packages at meta, amazon, microsoft and alphabet will collectively cost the tech giants up to $4.7 billion
Google parent company Alphabet will have the highest severance cost — ranging from $1.9bn to $2.3bn �...
February 4, 2023, 6:30 am
Meta's layoffs were expensive — it may have spent more than $88,000 per employee to cut 11,000 from the ranks
Meta's severance and personnel costs, following layoffs announced in November, totaled nearly $1 billio...
February 1, 2023, 7:35 pm
Dow to cut 2,000 jobs, to record charges of up to $725 million primarily for severance and benefits costs
Dow Inc. DOW followed up its downbeat fourth-quarter earnings report with another release saying it would cut 2,000 jobs as part of its $1 billion cos...
January 26, 2023, 6:25 am
Here are the layoff severance packages google, microsoft, amazon and other tech giants have promised
Laid-off employees across the tech sector enter an uncertain job market. Here's what their previous employers have offered to tide them over....
January 20, 2023, 12:37 pm
Coinbase to cut 950 jobs and book charges of up to $163 million
Coinbase Global Inc. stock COIN, +15.06% slid 2.8% in premarket trade Tuesday, after the crypto exchange said it's cutting 950 jobs in a cost-cutting ...
January 10, 2023, 7:11 am
Sec charges former mcdonald's ceo easterbrook for lying about extent of workplace misconduct
Stephen Easterbrook had previously returned a $105 million severance package to the company for imprope...
January 9, 2023, 11:45 am
Uber's food delivery platform agrees to pay severance to couriers let go ahead of spain's riders law
Uber's delivery business in Spain has settled with local labor unions which were challenging its dismissal of more than 4,000 riders in August last ye...
December 13, 2022, 1:26 pm
Uber's spanish food delivery platform agrees in court to pay severance to 4,400 riders
Uber's Spanish food delivery platform has agreed in court to pay severance to 4,400 riders it had fired...
December 13, 2022, 9:25 am
Some meta employees claim they're not getting promised severance
Members of Meta's Sourcer Development Program allege they are receiving inferior severance packages com...
December 5, 2022, 5:24 pm
Amc networks to take programming, severance other charges of up to $475m amid restructuring
AMC Network said today it will take write-downs for up to $475 million as it restructures its business to cut costs. That includes up to $400 million ...
December 1, 2022, 5:32 pm
Amazon is looking to trim headcount through a voluntary buyout program
Amazon sent out "voluntary severance" offers to some employees this week as it looks for ways to rein i...
November 16, 2022, 10:30 pm
Kulr technology announces support for nasa’s artemis program with launch of kulr’s cubesat lithium-ion battery
KULR Battery Product Meets Top Safety Requirements Outlined by JSC 20793 Created by NASA From the International Space Station and the Mars Rover Per
November 16, 2022, 9:15 pm
Here's what laid-off meta employees in the us are being offered as severance packages
As Meta lays off 11,000 employees, its US severance package includes around four months of base pay and...
November 9, 2022, 8:44 am
