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Zuckerberg slashes meta bonuses, steps up employee reviews in latest cost cuts
The bonus cuts followed straight rounds of major layoffs at the Facebook and Instagram parent....
March 28, 2023, 9:44 am
Disney ceo warns of 'challenges ahead' as layoffs begin this week
Disney will begin laying off staff this week, the first of three rounds of job cuts before the summer that will see 7,000 roles ...
March 27, 2023, 2:11 pm
2023 layoff tracker: disney starts cutting 7,000 employees
Amazon, Alphabet, Meta, Salesforce and Disney have all slashed staff this year, citing cloudy economic ...
March 27, 2023, 12:26 pm
Analyst downgrades caterpillar stock on potential headwinds
Caterpillar Inc. (NYSE:CAT) is down 0.2% to trade at $216.58 at last check, after Baird downgraded it to "underperform" from "neutral," and ...
March 27, 2023, 10:19 am
A bull market is coming: 1 hot growth stock to buy hand over fist before it soars 55%, according to wall street
Meta Platforms was hit by macroeconomic headwinds this past year or so. Advertising budgets are slashed...
March 26, 2023, 7:15 am
2023 layoff tracker: walmart reportedly cutting 200 employees
Amazon, Alphabet, Meta, Salesforce and Disney have all slashed staff this year, citing cloudy economic ...
March 23, 2023, 2:11 pm
Bay area tech and biotech layoffs worsen, microsoft slashes more jobs
Tech and biotech layoffs have worsened in the Bay Area, a fresh round of cutbacks resulting from job cuts at tech titan Microsoft and genetic testing ...
March 23, 2023, 1:00 pm
Accenture slashes 19,000 jobs worldwide
Accenture plans to slash 19,000 jobs worldwide as it attempts to cut costs amid a gloomy economic pictu...
March 23, 2023, 10:26 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 revenue and profit forecasts, becoming yet ano...
March 23, 2023, 10:14 am
Bhp, engineering firm hatch to design electric smelting plant in australia
BHP Group on Thursday signed an agreement with an engineering and project management firm Hatch to design an electric smelting furnace pilot plant in ...
March 22, 2023, 7:57 pm
Oil oversold after macro fears hit market
The macro-environment looks set to weigh heavily on oil this year. Prices are currently being moved less by fundamentals and more by concerns that a b...
March 21, 2023, 5:58 pm
Goldman sachs slashes crude oil price forecast
Goldman Sachs (NYSE:GS) has slashed its crude oil price forecasts for 2023 and 2024, citing the recent...
March 21, 2023, 1:34 pm
Apple slashing spending, perks to avoid layoffs
Bloomberg's Mark Gurman joins Caroline Hyde and Ed Ludlow to discuss how Apple is pulling every lever it can to cut costs enough to avoid laying off f...
March 20, 2023, 3:36 pm
Goldman sachs slashes its oil price target as banking fiasco boosts recession fears
Goldman said slower economic growth could materialize in the aftermath of the Silicon Valley Bank collapse because of tighter lending standards....
March 20, 2023, 3:32 pm
Amazon cuts jobs from its strongest segments: here's what it means for the stock
The technology sector slashed over 161,000 jobs in 2022, and it has already cut another 139,000 in 2023...
March 20, 2023, 2:24 pm
Amazon slashing more jobs as layoffs among big tech continue
Amazon is cutting 9,000 more jobs, raising its total this year to 27,000. Cuts include Amazon Web Services....
March 20, 2023, 12:09 pm
Tesco slashes clubcard reward vouchers
Tesco has slashed its Clubcard reward vouchers' meaning customers will be spending less for more. Custo...
March 20, 2023, 11:11 am
What are at1 bonds and why are credit suisse's now worthless?
Investors in a riskier type of Credit Suisse's bonds had their holdings slashed to zero Sunday after Sw...
March 20, 2023, 10:17 am
Us stocks trade mixed as investors assess banking turmoil after ubs takeover of credit suisse
Regional bank shares remained under pressure as investors eye further contagion risk. First Republic stock fell after its credit rating was ...
March 20, 2023, 9:48 am
First republic shares drop 18% as fears grow of more banks failing
First Republic, the San Francisco-based regional bank, saw its stock price sag after Standard & Poor's slash...
March 20, 2023, 9:04 am