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FuboTV's annual net loss topped $570 million in 2020 as the compan.....»»

Spirit AeroSystems Holdings Inc. , a Boeing Co. and Airbus SE supplier, announced late Friday layoffs affecting about 1,450 hourly and salaried employees in its Wichita, Kansas, facilities as demand for commercial aircraft has plunged amid .....»»

Charter Communications Inc. crushed broadband-subscriber estimates and showed improvement in its video-subscriber losses, fueling excitement about the company’s positioning both during and after the COVID-19 crisis......»»

The company said it had hoped to keep on all employees amid the Covid-19 pandemic, but the American Dental Association recommended dental offices halt all nonemergency procedures......»»

Harley-Davidson said Wednesday it has temporarily laid off most of its global production employees and implemented salary cuts in a bid to lower costs as the coronavirus pandemic has hurt its business......»»

Cinemark has taken a series of measures to preserve its financial position amid the COVID-19 pandemic, including slashing pay, laying off hourly employees, furloughing employees and reducing spending, a filing shows.  The Plano, Texas-based movie.....»»

Trump National Golf Club in Northern Virginia filed a layoff notice in Virginia that affects 102 employees.  Trump National Golf Club Washington D.C. LLC filed the notice April 2 and the layoff took effect that same day, according to a filing with .....»»

U.S. clothing rental firm Rent the Runway said on Saturday it had laid off retail employees following temporary store closures amid the ongoing coronavirus outbreak......»»

Texas Central, the company behind the high-speed rail project between Dallas and Houston, is laying off more than two dozen employees as the economy slows amid the spread of COVID-19. Dallas-based Texas Central did not say the project is canceled, but i.....»»

Passport is laying off employees and placing others on furlough as the COVID-19 outbreak hits business hard. The Charlotte-based company, which specializes in mobile payments for transportation, would not say how many employees were affected. It em.....»»

Netflix Inc. is laying off some employees in its marketing department as the streaming giant shifts to touting its own brand alongside its flagship movies and series. The company will cut 15 or more jobs in the marketing department this week, The.....»»

Shares of Netflix Inc. are up more than 5% in midday trading Thursday, and Stifel analyst Scott Devitt said the latest results from Comcast Corp......»»

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.....»»

Netflix Inc missed Wall Street subscriber forecasts for the first quarter Tuesday, amid pressure from lower-cost services from Walt Disney Co and Apple Inc in the streaming video wars......»»

Executive Chairwoman Mitchell Baker told employees Wednesday that the company had underestimated how long it would take to build and ship revenue-generating products......»»

AT&T bought DirecTV in 2015, right before subscribers began fleeing in droves. AT&T bought DirecTV in 2015, right before subscribers began fleeing in droves......»»

South Korea's LG Display Co Ltd on Tuesday announced a voluntary redundancy program for its domestic production line employees amid mounting financial losses......»»

LG Display said on Tuesday that it would launch a voluntary redundancy program for its production line employees after mounting financial losses......»»

Lowe's is laying store workers who handle maintenance and product assembly as the home-improvement chain continues to cut costs .....»»

Uber has blamed its recent losses partly on costly promotions to attract riders and drivers, which were craf.....»»