Consumer Spending

Meta to Lay Off More Than 11,000 Workers Due to Drop in eCommerce

Meta to Lay Off More Than 11,000 Workers Due to Drop in eCommerce
Meta to Lay Off More Than 11,000 Workers Due to Drop in eCommerce
November 09, 2022  |  Personnel

Meta will lay off more than 11,000 employees — 13% of its workforce — CEO Mark Zuckerberg said, blaming the decision on his misguided bet...

READ MORE >
Ahold Delhaize’s US Rewards Programs Drive $1.5B in Sales YTD
Ahold Delhaize’s US Rewards Programs Drive $1.5B in Sales YTD
November 09, 2022  |  Retail

Netherlands-based multinational grocery retailer Ahold Delhaize is seeing its loyalty bets pay off in the United States. Get the Full Story Complete the form to...

READ MORE >
Inflation Stokes Recession Fears While Slamming Retail Earnings
Inflation Stokes Recession Fears While Slamming Retail Earnings
November 09, 2022  |  Retail

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

READ MORE >
October Inflation Report: A Third of US Consumers Now Struggle to Pay Bills
October Inflation Report: A Third of US Consumers Now Struggle to Pay Bills
November 09, 2022  |  Consumer Finance

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

READ MORE >
New Jobs for Better Wages Not a Panacea for Paycheck-to-Paycheck Households
New Jobs for Better Wages Not a Panacea for Paycheck-to-Paycheck Households
November 09, 2022  |  Economy

The household economics of 2022 continues to confound, as consumers who are fearful of recession and whose wages are also not keeping pace with inflation...

READ MORE >
Report: TikTok Shuffles US Leadership as It Grows eCommerce and Games
Report: TikTok Shuffles US Leadership as It Grows eCommerce and Games
November 08, 2022  |  Personnel

Facing the same declines in digital advertising faced by its rivals Meta and Snap, social media platform TikTok has reportedly made several changes in the...

READ MORE >
French Location Analytics Firm Mytraffic Nets $30M for Expansion
French Location Analytics Firm Mytraffic Nets $30M for Expansion
November 08, 2022  |  Data & Research

French location analytics company Mytraffic has raised 30 million euros ($30.1 million) in a Series B funding round. Get the Full Story Complete the form...

READ MORE >
Subscription Merchants Battle Churn With Value and New Features
Subscription Merchants Battle Churn With Value and New Features
November 08, 2022  |  Retail

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

READ MORE >