Tag: LAYOFS

UK regional airline Flybe ceases trading, cancels all flights

Collapses for second time in three years276 workers made redundant by administratorsAbout 75,000 customers had future bookingsHurt by

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Google parent to lay off 12,000 workers in latest blow to tech

Jan 20 (Reuters) - Google's parent Alphabet Inc (GOOGL.O) is eliminating about 12,000 jobs, or 6% of its

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Microsoft to shed 10,000 jobs, adding to glut of tech layoffs

DAVOS, Switzerland, Jan 18 (Reuters) - Microsoft Corp (MSFT.O) on Wednesday said it would eliminate 10,000 jobs and

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Davos 2023: Recession casts long shadow over opening of WEF summit

DAVOS, Switzerland, Jan 16 (Reuters) - The prospect of imminent global recession cast a long shadow over Davos

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Goldman Sachs to start cutting thousands of jobs midweek

Jan 9 (Reuters) - Goldman Sachs Group (GS.N) will start cutting thousands of jobs across the firm from

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H&M shares drop as Sept-Nov sales fail to impress

Sept-Nov sales +10% y/y vs forecast +9.5%Analyst says expectations had risen recentlyFirm being squeezed by tight consumer spending,

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Crypto lender BlockFi files for bankruptcy, cites FTX exposure

Filing follows weeks after FTX collapseFTX listed as BlockFi’s No.2 creditorBitcoin down over 70% from 2021 peakNov 28

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Musk says Trump’s Twitter account to be reinstated after poll shows narrow support

Nov 19 (Reuters) - Donald Trump on Saturday said he had no interest in returning to Twitter even

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Musk warns of Twitter bankruptcy as more senior executives quit

Nov 10 (Reuters) - Twitter Inc's new owner Elon Musk on Thursday raised the possibility of the social

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Facebook parent Meta is preparing large-scale layoffs this week, Wall Street Journal reports

Nov 6 (Reuters) - Meta Platforms Inc (META.O) is planning to begin large-scale layoffs this week that will

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