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Peloton executives made a frantic round of phone calls to stock analysts early Thursday, scrambling to soothe concerns after the Wall Street Journal reported that the company has “six months…
Meta Platforms CEO Mark Zuckerberg speaks at Georgetown University in Washington on Oct. 17, 2019. Andrew Caballero-Reynolds | AFP | Getty Images Meta is looking to cut costs by 10%…
Twilio CEO Jeff Lawson announced in a message to all employees that 11% of its workforce would be laid off, stating that they made the layoffs through an “Anti-Racist” and…
While some companies have slowed the pace of hiring due to concerns about an economic slowdown, the demand from small businesses for new workers has not yet shown signs of…
He turned his layoff into a slay-off. Isaac Moran, a recruiter and an actor, slipped on a bubble gum-pink wig and poured himself a nearly full glass of Pinot Grigio…
Snapchat parent Snap Inc. is planning to lay off about 20% of its workforce — or more than 1,200 employees — amid a brutal stock slump, according to a report…
Co-founder and CEO of Snap Inc. Evan Spiegel attends the Viva Technology conference dedicated to innovation and startups, at the Porte de Versailles exhibition center in Paris, France June 17,…
Negative economic growth in the year’s first half may be a foreshock to a much deeper downturn that could last into 2024. Stephen Roach, who served as chair of Morgan…
The company that makes NordicTrack has lost its financial chief, even as the company’s search for a chief executive has stalled amid plunging demand for its exercise bikes and treadmills,…
Shares of Wayfair are sliding via greater than 15% after the bargain furnishings store mentioned it’s axing 870 jobs or 5% of its staff, the corporate mentioned on Friday in…