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Spring 2023 layoff tracker: video game developer unity software slashes 600 jobs

More than 136,000 employees were laid off by major U.S. companies in the first quarter of 2023....

May 3, 2023, 11:09 am

S&p cuts first republic's credit rating, says default a 'virtual certainty'

S&P Global on Tuesday slashed First Republic Bank's credit rating deeper into junk territory after Cali...

May 2, 2023, 11:16 pm

Ford slashes prices on its all-electric mustang mach-e as it reopens orders

Ford cut the price of its all-electric Mustang Mach-E by as much as $4,000 while adding range and other features — the latest move in an EV price wa...

May 2, 2023, 4:46 pm

Spring 2023 layoff tracker: morgan stanley reportedly slashing 3,000 employees

More than 136,000 employees were laid off by major U.S. companies in the first quarter of 2023....

May 2, 2023, 12:34 pm

Bt openreach altnet rival zzoomm reportedly slashes workforce in half

BT Group PLC (LSE:BT.A) altnet rival Zzoomm is reportedly laying off half of its workforce, amounting to around 300 engineers and office workers, in a...

May 2, 2023, 9:01 am

Ford to post first results first since slashing ev prices: earnings preview

Ford Motor Company (NYSE:F) will report earnings after the market closes on May 2, and investors will be watching for whether the company can outdo ex...

April 28, 2023, 3:46 pm

Cloudflare stock melts down as company slashes forecast due to elongated sales cycle

Cloudflare Inc. shares were tanking more than 20% in Thursday's after-hours action after the company cut its forecast for the full year, citing a "mat...

April 27, 2023, 4:48 pm

2023 layoff tracker: gap, dropbox and lyft make major cuts

Amazon, Alphabet, Meta, Salesforce and Disney have all slashed staff this year, citing cloudy economic ...

April 27, 2023, 1:00 pm

Lyft slashing over 1,000 jobs — nearly a quarter of its workforce

CEO David Risher had said last week that the company will "significantly" cut jobs, without providing details on the number of affected staff....

April 27, 2023, 12:22 pm

Amazon set to report first-quarter earnings after the bell

Amazon CEO Andy Jassy has been aggressively slashing costs through layoffs, a corporate hiring freeze a...

April 27, 2023, 9:00 am

Tesla should consider buying ads. it could help the stock.

Electric-vehicle giant Tesla has been cutting prices to boost sales. Investors may want Tesla to use advertising to drum up demand rather than ...

April 25, 2023, 5:52 pm

2023 layoff tracker: gap plans to lay off hundreds while 3m cuts 6,000

Amazon, Alphabet, Meta, Salesforce and Disney have all slashed staff this year, citing cloudy economic ...

April 25, 2023, 1:01 pm

2023 layoff tracker: 3m lays off 6,000 while disney cuts 4,000

Amazon, Alphabet, Meta, Salesforce and Disney have all slashed staff this year, citing cloudy economic ...

April 25, 2023, 9:43 am

Iofina slashes debt at profit and cashflow surge

Iofina PLC (AIM:IOF, OTC:IOFNF) said it has cut debt to below US$1mln and its newest iodine extraction plant is on track to be up and running by the e...

April 25, 2023, 2:38 am

First republic customers yank $100b in deposits as bank set to slash jobs

The bank also said it now plans to sell off assets and restructure its balance sheet....

April 24, 2023, 6:35 pm

First republic bank to slash up to a quarter of its workforce

First Republic Bank expects to cut its workforce by 20-25% this quarter, the embattled lender said late Monday....

April 24, 2023, 4:59 pm

First republic lost $100 billion in deposits in banking panic

The bank said it will cut head count by as much as 25% and slash executive pay as it restructures its b...

April 24, 2023, 4:43 pm

Bitcoin’s 66% rally this year could be just the beginning. it may surge past $50,000 as next year’s ‘halving’ slashes supply, analysts say

Some cryptocurrency analysts think bitcoin could surge past $50,000 thanks to a routine ‘halving’ process due next year that would ...

April 24, 2023, 3:29 pm

Revolut faces $15 billion valuation cut by key shareholder

One of Revolut's most steadfast investors, Schroders, has reduced the fintech giant's valuation by approximately $15 billion, marking a 46% write-down...

April 24, 2023, 11:29 am

2023 layoff tracker: disney's layoffs top 4,000

Amazon, Alphabet, Meta, Salesforce and Disney have all slashed staff this year, citing cloudy economic ...

April 24, 2023, 10:02 am


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