Layoffs
Stellantis to offer broad buyouts to U.S. salaried workers, warns of possible layoffs
CEO of auto giant Stellantis Carlos Tavares speaks to journalists during a joint media event by Stellantis and Leapmotor in Hangzhou, in eastern China’s Zhejiang province on May 14, 2024. – | Afp | Getty Images DETROIT – Automaker Stellantis plans to once again reduce its U.S. employee headcount through a broad voluntary buyout, as […]
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Penn lays off about 100 employees as it focuses on ESPNBet growth
The ESPN Bet app on a smartphone arranged in New York, US, on Thursday, Feb. 22, 2024. Gabby Jones | Bloomberg | Getty Images Penn Entertainment will lay off about 100 employees as it focuses on growth for ESPNBet. CEO Jay Snowden told staff members in an internal email that the changes will enhance operational […]
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UiPath to lay off 10% of workforce in companywide restructuring
Daniel Dines, Co-founder & CEO at UiPath addresses the audience during the third day of the Web Summit 2021 at Parque das Nacoes in Lisbon. Bruno de Carvalho | SOPA Images | Lightrocket | Getty Images UiPath, a developer of automation software, is cutting 10% of its workforce, or about 420 jobs, as part of […]
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U.S. regulation business Dechert considering shuttering places of work in Hong Kong, Beijing, Reuters reports citing sources
U.S.–founded law company Dechert is thinking of closing its workplaces in Hong Kong and Beijing, turning out to be the most current foreign firm to scale again in Better China, two men and women reported, amid a prolonged money market place downturn and escalating Sino-U.S. tensions. Nurphoto | Nurphoto | Getty Photos U.S.-started law firm Dechert is […]
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Pfizer struggles to claw back faith with Wall Street and its employees as it recovers from the Covid decline
Kena Betancur | Corbis News | Getty Images Pfizer had a “phenomenal” first quarter — and Wall Street took notice, CEO Albert Bourla told thousands of employees during a companywide town hall on May 2, according to a recording heard by CNBC. A day earlier, the pharmaceutical giant’s stock had closed 6% higher after its […]
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CNBC Daily Open: Roaring Kitty’s wealth, Modi’s victory
Traders work on the floor of the New York Stock Exchange (NYSE) in January, 2024 in New York City. Spencer Platt | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. […]
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CNBC Daily Open: GameStop can’t stop, Dow drops
A screen displays the logo and trading information for GameStop on the floor of the New York Stock Exchange. Brendan McDermid | Reuters This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like […]
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37% of People in america paid out a late payment in the previous 12 months, report finds
Important Factors About 37% of Americans have been charged a late charge on some kind of bill in the final 12 months, in accordance to a new report by NerdWallet. “Late fees are just just one consequence of generating late payments,” explained Sara Rathner, a journey and credit score playing cards qualified at NerdWallet. Source
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As Tesla layoffs continue, here are 600 jobs the company cut in California
As part of Tesla’s massive restructuring, the electric vehicle maker notified the California Employment Development Department this week that it’s cutting approximately 600 more employees at its manufacturing facilities and engineering offices between Fremont and Palo Alto. The latest layoffs eliminated roles across the board — from entry level positions to directors — and hit […]
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Boeing supplier Spirit AeroSystems lays off workers, citing lower plane delivery rates
A Boeing 737 MAX-10 lands over the Spirit AeroSystems logo during a flying display at the 54th International Paris Air Show at Le Bourget Airport near Paris, France, on June 22, 2023. Benoit Tessier | Reuters Aerospace supplier Spirit AeroSystems on Thursday said it will lay off some of its workers because of slower delivery […]
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