Opendoor technologies sheds 22% of its workforce; stock price falls

Opendoor Technologies Inc shares slid 5% to $1.66 on Tuesday after the online real estate company announced it is eliminating about 560 jobs, or 22% o...

April 18, 2023, 3:59 pm

Best buy layoffs 2023: what to know about the latest bby job cuts

Best Buy (NYSE: BBY ) layoffs are the talk of Wall Street today as the struggling electronics retailer opts to cut hundreds of its employee roles in t...

April 17, 2023, 12:20 pm

Best buy eliminates hundreds of in-store consultant roles

Best Buy has reportedly eliminated hundreds of roles in its brick-and-mortar stores. The cuts are cent...

April 14, 2023, 7:31 pm

Best buy cutting hundreds of jobs in online push: report

Several store workers who specialize in selling more complex products such as computers and smartphones were told their jobs would be ...

April 14, 2023, 3:58 pm

2 cloud stocks that are challenging amazon's dominance

Amazon dominates the cloud infrastructure market, but there are challenges coming from all directions. Cloudflare is betting that a serverless platfor...

April 13, 2023, 7:20 am

3 reasons why you should buy sofi stock before it turns profitable

SoFi Technologies (NASDAQ: SOFI ) has made headlines after the fintech firm announced acquiring Wyndham Capital on April 3. The latter is a digitally-...

April 5, 2023, 3:13 pm

Vfmf: exploring why vanguard's multifactor approach hasn't worked

VFMF is an actively-managed multi-factor ETF emphasizing momentum, quality, and value, after applying a volatility screen to ...

April 5, 2023, 2:43 pm

Bcm: this unconventional exposure to commodities works

BCM is an ETN that offers exposure to the commodity markets via replicating the performance of Barclays Commodity Index Pure Beta TR. As a debt instru...

April 4, 2023, 1:03 pm

Amc entertainment settles shareholder lawsuit

AMC Entertainment has taken a big step forward in on a few key fronts, announcing a settlement in a shareholder lawsuit that would allow it to issues ...

April 3, 2023, 6:00 pm

Google isn't done with cost cutting, cfo warns: report

Alphabet Inc.'s GOOGL, +2.64% GOOG, +2.62% Google isn't done with spending cuts, Chief Financial Officer Ruth Porat warned employees Friday in a memo ...

March 31, 2023, 3:27 pm

Abc news lays off senior executives in disney’s cost-cutting drive

(Reuters) – Walt Disney Co’s ABC News has eliminated 50 positions, including senior executives, on ...

March 30, 2023, 7:31 pm

Abc news lays off senior executives in disney's cost-cutting drive

About 50 jobs will be eliminated over time, including open positions....

March 30, 2023, 6:31 pm

News nuggets | 30 march: saxo's new portal; jpx gets into defi

EU Regulators Step Back from Credit Suisse Writedowns

European authorities emphasized their separation fr...

March 30, 2023, 9:33 am

Microstrategy: buying the bitcoin dip was a smart move

MicroStrategy paid off its $205 million loan with now bankrupt Silvergate Back at a 20% discount to eliminate<...

March 30, 2023, 2:27 am

Disney slices more than 300 streaming jobs in china: report

Walt Disney Co. DIS has axed more than 300 streaming employees in China, the latest purge in its cost-cutting program to ...

March 29, 2023, 6:42 pm

Online used-car marketplace shift cuts workforce 30% following carlotz merger

Online used vehicle retailer Shift Technologies cut its workforce by 30% in the first quarter as the company sought to reduce costs and ...

March 29, 2023, 2:22 pm

Disney eliminates metaverse division in cost-cutting purge: report

The metaverse is among the first victims of Walt Disney Co.'s cost-cutting purge....

March 28, 2023, 11:56 am

Disney unplugs metaverse unit during initial round of layoffs

Disney has eliminated a small business unit focused on exploring the metaverse, part of its initial eff...

March 28, 2023, 10:48 am

Disney scraps metaverse division as virtual worlds become yesterday's tech fad: report

Disney has eliminated its entire metaverse division of roughly 50 people, according to a new report fro...

March 27, 2023, 11:52 pm

Disney cuts metaverse division as part of broader restructuring

Walt Disney Co. has eliminated its metaverse division as part of staff cuts that promise to reduce head...

March 27, 2023, 11:47 pm