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Disney ceo bob iger confirms start of layoffs, with three rounds of cuts expected before summer

Disney CEO Bob Iger has confirmed the first of three rounds of layoffs is starting this week as the company looks to reduce its ...

March 27, 2023, 12:05 pm

Amazon layoffs: the good, the bad, and the ugly

Amazon started announcing layoffs just a year after revealing its intentions to expand its workforce. T...

March 26, 2023, 11:00 am

Is amazon stock a buy as it restructures workforce in tough times?

Amazon stock has struggled ever since its first quarter earnings report fell well below expectations, showing the company's vulnerability. The post Is...

March 24, 2023, 5:16 pm

Why is bgsf (bgsf) stock down today?

BGSF (NYSE: BGSF ) stock is sliding lower on Friday after the strategic workforce solutions company ann...

March 24, 2023, 8:50 am

Accenture stock pops after layoffs, earnings

Accenture PLC (NYSE:ACN) is up 7.1% at $271.09 at last glance, after news that the company will cut roughly 2.5% of ...

March 23, 2023, 10:51 am

Accenture to cut 19,000 jobs, slashes forecasts as earnings impress

Accenture (NYSE:ACN) plans to cut 19,000 jobs or about 2.5% of its workforce and has lowered its annual...

March 23, 2023, 10:14 am

Accenture to cut 19,000 jobs

Tech consultancy giant Accenture plans to cut 19,000 jobs, or 2.5% of its workforce, and has lowered it...

March 23, 2023, 7:45 am

Recruit holding's indeed to cut 15% of workforce: report

Japan-based Recruit Holdings Inc.'s 6098, +1.33% Indeed job search site plans to lay off 15% of its workforce<...

March 22, 2023, 2:28 pm

Tencent profit grows after a year of aggressive cuts

China's internet industry is undergoing a major mood shift amid economic headwinds, a slowdown after years of frantic growth and heightened regulatory...

March 22, 2023, 9:59 am

Marvell technology to cut about 4% of the workforce

CNBC's 'Squawk Box' anchors present the day's financial news....

March 22, 2023, 8:40 am

Marvell reportedly to shed 4% of workforce

Marvell Technology Inc. MRVL, +1.93% reportedly will shed 4% of its global workforce, the latest Silico...

March 21, 2023, 6:54 pm

A.i. will change the profile of the workforce over time, says svb moffettnathanson's sterling auty

Sterling Auty, SVB MoffettNathanson software analyst, joins 'Closing Bell: Overtime' to discuss software positioning as AI progresses....

March 21, 2023, 5:17 pm

First majestic silver stock drops on nevada gold mining suspension

First Majestic Silver Corp shares sank 23% to $7.87 on Tuesday after the silver and gold producer with operations in Mexico and the US announced that ...

March 21, 2023, 3:49 pm

Amgen announces more layoffs - why i'd buy this dip

Amgen expects to lay off >3% of its entire workforce before 1H 2023 - around 750 staff. Management says...

March 21, 2023, 2:29 pm

First majestic suspends mining activities at jerritt canyon due to ongoing challenges, aims to reduce overall costs

(Kitco News) - First Majestic Silver announced today it is taking action to reduce overall costs by reducing investments, temporarily suspending all m...

March 20, 2023, 5:23 pm

Twitch says it will lay off 400 employees

Twitch announced plans to reduce its workforce on Monday, demonstrating that even the booming streaming...

March 20, 2023, 1:44 pm

Virgin orbit on the brink as seeks emergency funding

Virgin Orbit Holdings Inc (NASDAQ:VORB) has begun drawing up detailed contingency plans for its insolvency days after halting its operations and furl...

March 20, 2023, 3:39 am

Virgin orbit plans for insolvency amid rescue talks with investors

Virgin Orbit has begun drawing up detailed contingency plans for its insolvency days after halting its operations and furloughing its ...

March 19, 2023, 9:24 pm

Meta platforms issued a grim warning about the economy, but here's why its stock is a screaming buy

Meta Platforms has met investors' calls to shrink its workforce and rein in costs amid tough economic c...

March 18, 2023, 7:15 am

Amgen to cut about 450 jobs in second round of layoffs this year

Amgen Inc. on Thursday said it would lay off about 450 employees, or less than 2% of its workforce, as ...

March 16, 2023, 11:08 pm


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