WeWork puts staff in Europe on notice for job cuts
WeWork paused its global expansion spree as it weighs pulling back in two of the world’s priciest property markets. The cash-strapped company has warned European staff—most of whom are based in... To view the full story, click the title link......»»
Digital marketing firm signs Fifth Avenue lease
The firm has offices across the U.S., in Europe and in South Africa. It will move into its new offices in New York from a WeWork in SoHo......»»
Molson Coors is furloughing staff in Europe and North America hospitality businesses
This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»
Colorado oil and gas regulator puts off hearings for its mission change overhaul
Lackluster Zoom hearings, large stakeholder interest force a punt to when professionals staff the commission......»»
Boeing cuts staff and production
Boeing said Wednesday it.....»»
Lyft lays off nearly 1,000; puts an additional 288 on furlough
Shares of Lyft Inc. jumped 4% Wednesday after the ride-hailing service announced deep cuts, including 982 layoffs a.....»»
Lyft cuts 17% of staff to reduce costs amid COVID-19 pandemic
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.....»»
Geely"s Volvo Cars gives notice to 1,300 white-collar staff in Sweden
Volvo Car Group, owned by China's Geely Holding, said on Wednesday it was giving notice of redundancy to 1,300 white-collar workers in Sweden as the impact from the pandemic raised the urgency of lowering structural costs......»»
Large companies" staff cuts add up to 28,000 in Florida, with almost 1,100 in Jacksonville, since March
More than 28,000 Floridians employed at large companies have lost their jobs since March, including more than 1,000 in Jacksonville......»»
Coronavirus update: Stanford Health cuts wages 20% | Stay-home orders likely to be extended | Longtime restaurant closes
Even as the coronavirus outbreak strains many parts of the U.S. healthcare system, Stanford Health Care is making across-the-board employee pay cuts and furloughs, Palo Alto Weekly reports, citing a letter sent to staff by the organization's president and.....»»
Airbus warns staff on jobs with its "survival at stake"
European planemaker Airbus issued a bleak assessment of the impact of the coronavirus crisis, telling the company’s 135,000 employees to brace for potentially deeper job cuts and warning its survival is at stake without immediate action......»»
Airbus warns staff on jobs with its "survival at stake"
European planemaker Airbus issued a bleak assessment of the impact of the coronavirus crisis, telling the company's 135,000 employees to brace for potentially deeper job cuts and warning its survival is at stake without immediate action......»»
Airbus survival at stake without immediate action: CEO memo
Airbus Chief Executive Guillaume Faury has told the European planemaker's 135,000 staff to brace for potentially deeper job cuts after warning its survival is at stake without immediate action to save cash amid the coronavirus crisis......»»
Volkswagen making masks in China for its staff at European plants
Volkswagen AG is making masks in China for distribution to Volkswagen plant employees in Europe, the German automaker said on Thursday as it prepares to restart European production......»»
Home improvement unicorn Houzz lets go 155, cuts executive pay
Houzz Inc. on Tuesday said business lost during the Covid-19 pandemic has forced it to cut its staff and executive pay. The Palo Alto-based online home improvement company said that it is slashing 155 jobs, about 10% of its workforce. “Due to t.....»»
Palo Alto home improvement unicorn lets go 155, cuts executive pay
Houzz Inc. on Tuesday said business lost during the Covid-19 pandemic has forced it to cut its staff and executive pay. The Palo Alto-based online home improvement company said that it is slashing 155 jobs, about 10% of its workforce. “Due to t.....»»
NYC & Company will furlough half its staff
NYC & Company, the city-funded tour…; agency, will furlough more than half its staff starting next month, the latest sign of how deeply the pandemic has devastated even . The temporary job cuts... To view the full story, click the title link......»»
YMCA of Greater Charlotte reduces workforce, cuts pay and extends furloughs
The YMCA of Greater Charlotte is eliminating 12.5% — or 55 — of its full-time positions, including leadership roles, amid the novel coronavirus pandemic. It also is implementing an across-the-board pay cut for its 200 full-time staff members. .....»»
European Contact Tracing Consortium Faces Wave of Defections Over Centralization Concerns
Contact tracing researchers fear Europe could choose a centralized system that puts personal privacy at risk......»»
Blockchain Bites: ConsenSys Cuts, dForce Doomsday and Bitcoin ATMs Boom
ConsenSys cut staff for the second time in 2020. DForce faces doomsday. And Bitcoin ATMs are booming......»»
Another big Philadelphia law firm cuts salaries, pushes back start date of first-year associates
Associates and staff could see their pay reduced by up to 15% while partner profit draws will decline by as much as 20%......»»