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Blue Apron cuts headcount by 4 percent; posts drop in orders
Blue Apron cuts headcount by 4 percent; posts drop in orders.....»»
Boeing to slash 10 percent of its workforce amid pandemic fallout, 737 Max grounding
The job cuts will heavily impact the Seattle and Renton, Wash., areas, where Boeing bases most of its commercial-division employees......»»
Boeing plans to slash 10 percent of its workforce amid pandemic fallout, Max grounding
The job cuts will heavily impact the Seattle and Renton, Wash. areas, where Boeing has most of its commercial division employees based......»»
Coronavirus takes toll on Cantor Fitzgerald forcing job cuts
The cuts are said to amount to less than 5 percent of the workforce.....»»
GoPro to cut 20% of workforce as Q1 sales tank
San Mateo-based action camera maker GoPro Inc. said Thursday morning that it was laying off more than 20 percent of its workforce, or about 200 employees, as it revealed that first-quarter sales had tanked. The company said the job cuts, reduced offic.....»»
Redfin reduces agents by nearly half, cuts total workforce by 7 percent
With the coronavirus outbreak crippling the housing market, the online brokerage will furlough 41 percent of its agents starting Friday......»»
Redfin reduces agents by nearly half, cuts total workforce by 7%
With the pandemic crippling the housing market, the online brokerage will furlough 41 percent of its agents starting Friday......»»
SunTrust cuts Blue Apron target to $5, views sale as likely review outcome
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
23andMe cuts 100 jobs as demand for DNA tests drops
Home DNA-testing unicorn 23andMe Inc. is letting go of about 100 people — 14 percent of its workforce — amid a drop in business. CEO Anne Wojcicki told CNBC that she is surprised by declining demand for her Sunnyvale company's genetic tests. “Th.....»»
WeWork postpones layoffs because it can"t afford to pay severance
The cuts may affect about 2,000 employees, or 16 percent of the company's workforce, Bloomberg has reported......»»
Victoria"s Secret cuts 50 HQ positions
Victoria’s Secret’s head of stores and store operations April Holt will step down as the company cuts about 50 positions at its Columbus, Ohio headquarters, about 15 percent of its home office workforce. It’s the latest shakeup at the struggling b.....»»
Charles Schwab cuts 600 jobs amid pressure from Fed interest rate cuts
The job cuts amount to roughly three percent of the San Francisco-based firm’s overall workforce and will impact offices nationwide......»»
EQT confirms Tuesday"s layoffs cut 196 jobs
EQT Corp. late Tuesday afternoon confirmed that 196 employees were laid off — 23 percent of the Pittsburgh-based natural gas driller's workforce. In a statement, the company provided more details about the cuts, which it said will save about $.....»»
Top Analyst Upgrades and Downgrades: Allstate, Bed Bath & Beyond, Best Buy, Blue Apron, Costco, Home Depot, Microsoft, Take-Two, Target, Walmart and More
Stocks were indicated to open higher on Thursday with optimism after Federal Reserve Chair Jerome Powell was more dovish on his stance on interest rate cuts. The S&P 500, Dow Jones industrials........»»
Ford To Cut 7K Salaried Jobs Worldwide As Part Of Restructuring
Ford Motor Company (NYSE: F) is eliminating 7,000 salaried jobs worldwide, about 10 percent of its global salaried workforce, according to several reports. The cuts will include 500 salaried jobs in North America. read more.....»»
Tencent targets 10 percent of managers for job cuts or demotion: Bloomberg
Tencent Holdings Ltd is putting about 10 percent of its managers on notice, as China's largest gaming and social media company shakes up its workforce amid cooling growth and intensified competition, Bloomberg reported on Tuesday, citing sources......»»
Blue Apron Up 5% Following Q1 EPS Beat
Blue Apron Holdings Inc (NYSE: APRN) reported Q1 earnings with a smaller loss and an increase in net revenue. What Happened The company reported a net revenue increase of 5 percent .....»»
Tesla cuts 9 percent of workforce in search for profit
(Reuters) - Tesla Inc is cutting several thousand jobs across the company as it seeks to reduce costs and become sustainably profitable without endangering the critical ramp up of production of its Model 3 sedan......»»
Tesla cuts workforce in search of profit
Tesla is sending out pink slips to 9 percent of the workforce, even as it faces challenges to ramp up the Model 3 production. That news coming from CEO Elon Musk Tuesday who said the electric car company is trying to reduce costs......»»