GM, GE, NVS, JBLU and more
Check out the companies making the biggest moves in premarket trading: General Motors — The automaker saw its stock rise 4% after it posted $2.62 per share on revenues of…
Ericsson will cut 1,200 jobs in Sweden
Ericsson announced it is planning to cut jobs as part of its cost-cutting measures. Nurphoto | Nurphoto | Getty Images Ericsson announced on Monday that it will lay off about…
Laid-off techies struggle to find jobs with cuts at highest since 2001
The Google office in New York on February 2, 2023. Ed Jones | Afp | Getty Images Allison Croisant, a data scientist with about a decade of experience in technology,…
Microsoft introduces Copilot AI chatbot for finance workers
Charles Lamanna, corporate vice president for business applications and platforms at Microsoft, speaks at a press event in San Francisco on Feb. 28, 2024. Jordan Novet | CNBC Microsoft on…
Tech layoffs jump in January as Alphabet, Meta, Microsoft reach high
L-R: Mark Zuckerberg, CEO of Facebook, Satya Nadella, CEO of Microsoft, and Sundar Picahi, CEO of Google. Reuters | Getty Images The S&P 500 is trading at a record and…
AI hiring frenzy to fuel layoffs in other tech segments this year
Stick figures image displayed on a laptop screen and a binary code displayed on a phone screen are seen in this illustration photo taken in Krakow, Poland on January 24,…
Stocks making the biggest moves midday: NFLX, ASML, T, AMD
Check out the companies making headlines in midday trading. Netflix – The streaming stock popped nearly 13% after topping fourth-quarter revenue estimates and posting strong subscriber growth. Late Tuesday, Netflix…
EBay to slash about 1,000 roles, or 9% of full-time employees
eBay’s headquarters in San Jose, California, U.S. Bloomberg | Getty Images EBay said Tuesday that it plans to lay off 9% of the company’s workforce, equal to about 1,000 full-time…
SAP plans job changes or buyouts for 8,000 employees in restructuring
SAP CEO Christian Klein speaks at a panel session on day three of the World Economic Forum (WEF) in Davos, Switzerland, on Thursday, Jan. 19, 2023. Stefan Wermuth | Bloomberg…
Aleph Alpha raises $500 million to build a European rival to OpenAI
GPT-4 sign on website displayed on a laptop screen and OpenAI logo displayed on a phone screen are seen in this illustration photo taken in Poland on March 14, 2023.…