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Western Digital plans staff cuts, consolidation

Western Digital, which recently relocated its headquarters to San Jose, is letting about 80 employees go as it prepares a series of consolidation plans for 2019......»»

Category: topSource: bizjournalsJul 20th, 2018

Meow Wolf CEO: Expansion plans "unaltered" by cuts; Meow Wolf Workers Collective responds

Meow Wolf's CEO said expansion plans remain on track after recent staff and expense cuts, which he told Business First were driven by two primary considerations......»»

Category: topSource: bizjournalsApr 18th, 2024

In financial peril, Pennsylvania"s university system votes to go forward with consolidation plans

The integration plans affect six universities – three in the western Pennsylvania and three in the northeast part of the state......»»

Category: topSource: bizjournalsApr 28th, 2021

Airbnb is cutting 25% of staff — 1,900 jobs — after its business has been slammed by the coronavirus crisis

Mike Segar/Reuters Airbnb announced Tuesday it's cutting 25% of its staff, or about 1,900 jobs. The cuts are meant to refocus the company on its core business of home sharing; the company plans to pause or cut back other e.....»»

Category: topSource: businessinsiderMay 5th, 2020

WeWork to make further staff cuts by end of May

Despite eliminating thousands of positions in the last six months, WeWork plans to keep cutting. The company will make further headcount reductions by the end of next month, Sandeep Mathrani, the... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkApr 15th, 2020

Crypto Custody Firm Trustology Cuts Staff as Banks Delay on Digital Assets

Digital asset custody firm Trustology has cut seven of its 18 staffers as the big banks it courted are taking longer than expected to jump into crypto......»»

Category: forexSource: coindeskDec 12th, 2019

WeWork plans to outsource cleaning and maintenance in first step of big staff cuts, leaked email shows

WeWork WeWork is planning to outsource its U.....»»

Category: topSource: businessinsiderNov 2nd, 2019

Hilliard Lyons cutting staff following acquisition

Hilliard Lyons will cut 53 employees this month as a result of its merger with Robert W. Baird & Co. Inc. That's in addition to about 33 jobs it has cut since the beginning of 2019, bringing the total cuts to 86 white-collar jobs. Baird announced plans.....»»

Category: topSource: bizjournalsOct 10th, 2019

"Sports Illustrated" under new management, cuts staff jobs

Sports Illustrated’s said Thursday that the 65-year-old sports magazine is cutting more than 40 jobs from its staff of 150. Maven, the company now managing the magazine, plans to add 200... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkOct 7th, 2019

Commerzbank cuts revenue forecast as board approves overhaul

Commerzbank no longer expects a rise in underlying revenue this year, the German lender warned on Thursday, as its supervisory board approved plans announced last week to cut thousands of staff and close a fifth of its branches......»»

Category: topSource: reutersSep 26th, 2019

Electronic Arts Lays Off 350 Employees

Staff reductions come amidst an international consolidation. Video game giant Electronic Arts plans to lay off 350 employees as it adapts to a fast-evolving market. CEO Andrew Wilson announced the move in a blog post Tuesday, saying .....»»

Category: europeSource: fortuneMar 26th, 2019

Western Digital plans stock buyback of up to $1B

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.....»»

Category: blogSource: theflyonthewallMay 15th, 2018

Struggling smartphone maker HTC plans to lay off around 25% of its staff, slashing 1,500 jobs

Hollis Johnson/Business Insider TAIPEI - Smartphone maker HTC plans to slash around a quarter of its global workforce through job cuts at its manufacturing unit in Taiwan, in a bid to better manage resources as the company co.....»»

Category: topSource: businessinsiderJul 2nd, 2018

Smartphone Maker HTC Cuts a Quarter of Global Staff

HTC plans to cut 1,500 jobs by the end of September. HTC, the Taiwan-based smartphone maker, is cutting nearly a quarter of its global workforce as the company s.....»»

Category: europeSource: fortuneJul 2nd, 2018

New York Daily News Cuts Half Of Newsroom Staff

Staffers learned about the layoffs in an email from Tronc. The New York Daily News on Monday announced plans to cut half of its newsroom staff, following the departure of editor-in-c.....»»

Category: europeSource: fortuneJul 23rd, 2018

Goldman cuts Western Digital, Seagate targets on continued memory weakness

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.....»»

Category: blogSource: theflyonthewallSep 12th, 2018

Western Digital downgraded to Hold on Flash supply cuts at Benchmark

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.....»»

Category: blogSource: theflyonthewallOct 26th, 2018

BofA will give special bonuses to staff for second straight year

Bank of America Corp. said it plans to award special bonuses similar to the ones it gave after last year’s corporate tax cuts......»»

Category: topSource: moneycentralOct 29th, 2018

Delta Air Lines cuts contractor at RDU, plans to hire 70

Delta Air Lines is hiring – switching from an outside contractor to internal staff for "below-wing" operations at Raleigh-Durham International Airport. Previously, the services had been contracted to Delta Global Services, which didn't immediately retu.....»»

Category: topSource: bizjournalsNov 8th, 2018

Western, Pa.-based company expanding space, staff in Philly

Hunter Truck plans move in first quarter......»»

Category: topSource: bizjournalsDec 19th, 2018

Western, Pa.-based company expanding space, staff in Philadelphia

Hunter Truck plans move in first quarter......»»

Category: topSource: bizjournalsDec 19th, 2018