Meanwhile, a Palo Alto-based AI coding assistance startup raised $227 million in Series B funding. Good morning, Bay Area. In the economy, U.S. economic growth slid to an almost-two-year low last ...
American Electric Power this week started a new round of job reductions, introducing a voluntary severance program that the power company says is necessary to cut the size of its workforce.
Emergent BioSolutions EBS12.40%increase; green up pointing triangle is closing several manufacturing facilities and cutting hundreds of jobs as part of a restructuring as the company narrows its ...
SYDNEY—Australian telecommunications company Telstra TLS0.00%increase; green up pointing triangle plans to cut jobs at its troubled enterprise unit as part of a continuing strategic review ...
Portland vacation rental company Vacasa is laying off 800 workers – though most are not based in Oregon. The cuts represent 40% of Vacasa’s corporate and central operations jobs, and about 6% ...
(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.
Under Armour on Thursday forecast a surprise fall in sales for the year and laid out plans to overhaul its business, as the sportswear maker looks to revive demand for its brand in the US.
, 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 ...
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 ...
The Guardian has launched a redundancy programme as the newspaper grapples with a sharp slowdown in advertising. Katharine Viner, the left-leaning newspaper’s editor-in-chief, sent an email to ...
TOKYO, May 16 (Reuters) - Japan's Toshiba said on Thursday it will cut up to 4,000 jobs domestically as the industrial conglomerate accelerates restructuring under new ownership. Toshiba delisted ...