They are called zombies, companies so laden with debt that they are just stumbling by on the brink of survival, barely able ...
This company was thriving during the pandemic and, unfortunately, assumed the boom times would last when economies reopened.
The number of Americans applying for jobless claims rose last week, but layoffs remain at healthy levels despite lingering ...
An Associated Press analysis found the number of publicly-traded “zombie” companies — those so laden with debt they’re struggling to pay even the interest on their loans — has soared to nearly 7,000 ...
, opens new tab announced on Tuesday that it plans to cut hundreds of jobs at its corporate headquarters and relocate a majority of its U.S. and Canada-based remote workforce to three offices, a ...
Walmart Inc. plans to lay off hundreds of corporate workers and is asking others to relocate to new cities, the Wall Street Journal reported Monday night. According to the Journal, which cited ...
Gov. Gavin Newsom (D-CA) announced on Friday his revised $288 billion budget for 2024-2025 that calls for spending cuts in 260 different state programs, slashing over 10,000 vacant jobs, and ...
, opens new tab on Tuesday said it plans to reduce the size of its Jeffersonville, Indiana site and close Tualatin, Oregon site, leading to 415 job cuts. It added these changes are part of its ...
They are called zombies, companies so laden with debt that they are just stumbling by on the brink of survival, struggling to ...
(RTTNews) - Telstra Corp. Ltd. (TLSYY.PK, TLS.AX, TLS) announced plans to streamline its operations and cut costs, aiming to reduce its direct workforce by up to 2,800 jobs by the end of this year.
Microsoft is to begin another round of job cuts, with most falling on its Azure cloud unit and mixed reality division. The cuts are likely to affect more than 1,000 employees, according to a ...
In the fourth straight week of layoff announcements, Tesla said it is now concentrating on reducing staff at its Bay Area facilities as part of a larger move to cut jobs globally. State filings ...