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......»»
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......»»
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......»»
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.....»»
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......»»
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......»»
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.....»»
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.....»»
"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......»»
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......»»
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 .....»»
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.....»»
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.....»»
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.....»»
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.....»»
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.....»»
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.....»»
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......»»
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.....»»
Western, Pa.-based company expanding space, staff in Philly
Hunter Truck plans move in first quarter......»»
Western, Pa.-based company expanding space, staff in Philadelphia
Hunter Truck plans move in first quarter......»»