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Amazon ends delivery firm contracts, resulting in thousands of layoffs
Delivery companies around the country are laying off at least 2,200 employees as Amazon ends contracts, including hundreds in Washington state. Amazon told the Business Journal it’s planning to provide laid off employees with opportunities to work fo.....»»
WeWork reportedly planning to lay off thousands as it attempts to reverse its fortunes
WeWork could lay off as many as 6,000 employees as part of painful cost-cutting measures to turn its business, the New York Times reported......»»
Teva Pharm says opioid settlement will not derail ability to cut debt
Teva Pharmaceutical Industries Ltd on Thursday expressed confidence in its ability to continue paying down its huge debt burden even if it is forced to pay billions of dollars to settle thousands of U.S. opioid lawsuits......»»
WeWork has reportedly postponed thousands of layoffs because it"s too broke to pay workers severance
W.....»»
Report: Huawei planning massive layoffs in US
Chinese telecommunications giant Huawei is planning to lay off hundreds of employees in the U.S., the Wall Street Journal reported Sunday.The layoffs are reportedly expected to hit Huawei's U.S. development subsidiary Futurewei......»»
Tesla layoffs continue as recruiters get cut
Former Tesla workers confirmed to BI that some recruiters were informed of the layoffs via a call on Friday morning. Some Tesla workers outside of the US have also been reportedly impacted by layoffs.Smith Collection/GadoTesla informed so.....»»
Management Expert Warns Elon Musk Faces "CEO Overload" After Tesla Layoffs Reportedly Leave Him Overseeing 35 Key Personnel
Global sales teams, previously under the leadership of Tom Zhu since his promotion last April, have now been placed back under Musk's oversight. read more.....»»
Tesla layoffs have reportedly also hit its international offices
Tesla's layoff plans may not be confined to the US, with Reuters reporting jobcuts in China too, a major market for the EV maker. Tesla layoffs reportedly impacted workers in China in addition to the US.JOHN THYS / GettyElon M.....»»
Apple CEO Tim Cook"s Vietnam Visit Signals Increased Commitment To Local Partners, Promise Of Increased Investment In China Rival: Report
Apple CEO Tim Cook is reportedly planning to enhance the company's commitments in Vietnam. read more.....»»
Spotify employees question lavish spending on events while the company lays off thousands
Amidst layoffs, Spotify remains committed to extravagant events, sparking debate about the company's spending habits and marketing priorities. (L to R) will.i.am, Florence Welch, Daniel Ek, Spotify CEO, and Jack Harlow attend an evening of.....»»
Amazon"s Whole Foods planning layoffs, Busines Insider reports
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.....»»
UBS Reportedly Re-Starts Layoffs After "Doubling" One Time Bonuses To Some Associates
UBS Reportedly Re-Starts Layoffs After "Doubling" One Time Bonuses To Some Associates .....»»
Rudy Giuliani has reportedly shed his entourage and hired a part-time driver to cut costs as his legal fees mount
The former New York City mayor reportedly pays as much as $42,000 per month in alimony, which may have factored into the layoffs. Trump attorney and former New York City Mayor Rudy Giuliani. Noam Galai/Getty Imag.....»»
Domino’s, Editas, Roblox, Teva, US Steel and More Tuesday Afternoon Analyst Calls
24/7 Wall St. looks at some big analyst calls that we have seen so far on Tuesday, including Domino’s Pizza, Editas Medicine, Roblox, Teva Pharmaceutical Industries and U.S. Steel......»»
Major COVID-19 Vaccine Makers Reject Teva Pharmaceutical"s Offer For Jab Manufacture Help: FT
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Teva"s stock gains after it beats earnings expectations
Shares of Teva Pharmaceutical Industries Ltd. gained 0.6% in premarket trading after the drug maker beat earnings expectations for the first quarter, even though sales of its multiple-sclerosis drug continue to dwindle. Teva ha.....»»
Abercrombie, Pfizer, Teva and More of Wednesday Afternoon Analyst Calls
24/7 Wall St. looks at some big analyst calls that we have seen so far on Wednesday, including Abercrombie & Fitch, Pfizer and Teva Pharmaceutical......»»
Boeing auctions off Renton office furniture, art and exercise equipment
The Chicago-based jet maker is selling thousands of office items as it grapples with close to $20 billion in debt, commercial aircraft production cuts, declining aircraft sales and mass layoffs......»»
A popular flea collar was reportedly linked to nearly 1,700 animal deaths, but the EPA hasn"t issued any warnings about it
Seresto flea and tick collars for cats and dogs have been linked to thousands of animal inj.....»»
Teva"s stock rallies 2% on earnings
Shares of Teva Pharmaceutical Industries Ltd. gained 2.7% in premarket trading on Wednesday after the drugmaker beat expectations for revenue and adjusted earnings per share in the final quarter o.....»»