Layoffs

Wells Fargo Job Cuts Could Cost Bank Nearly $1 Billion
Wells Fargo Job Cuts Could Cost Bank Nearly $1 Billion
December 05, 2023  |  Banking

Wells Fargo will reportedly incur greater-than-expected expenses from severances tied to recent job cuts. Get the Full Story Complete the form to unlock this article and...

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Spotify CEO on Layoffs: ‘Our Cost Structure is Too Big’
Spotify CEO on Layoffs: ‘Our Cost Structure is Too Big’
December 04, 2023  |  Personnel

Spotify is laying off 17% of its workforce as the streaming audio platform tries to cut costs. Get the Full Story Complete the form to...

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TD Bank to Cut 3% of Workforce
TD Bank to Cut 3% of Workforce
November 30, 2023  |  Banking

Toronto-Dominion Bank, Canada’s second-largest lender, has reportedly undertaken a restructuring plan that includes a 3% reduction in its workforce. Get the Full Story Complete the...

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Money Transfer Service Zepz Cuts 2% of Staff
Money Transfer Service Zepz Cuts 2% of Staff
November 30, 2023  |  Business

British money transfer firm Zepz has reportedly made another round of job cuts. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Presto Cuts 17% of Staff as Restaurant Customers Reject Impersonal Experiences
Presto Cuts 17% of Staff as Restaurant Customers Reject Impersonal Experiences
November 21, 2023  |  ResTech

As Presto sees declines in its on-premise technologies amid shifts in consumers’ digital dining expectations, the company is making major layoffs and reinvesting in its...

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Amazon to Cut Jobs in Alexa Division, Focus on Generative AI
Amazon to Cut Jobs in Alexa Division, Focus on Generative AI
November 17, 2023  |  Amazon

Amazon is reportedly set to make hundreds of job cuts in its Alexa division. Get the Full Story Complete the form to unlock this article...

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Citigroup Begins Series of Wide-Ranging Layoffs
Citigroup Begins Series of Wide-Ranging Layoffs
November 15, 2023  |  Banking

Citigroup has reportedly begun cutting jobs as part of its CEO’s companywide overhaul. Get the Full Story Complete the form to unlock this article and...

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Report: Blockchain.com Funding Round Cuts Valuation in Half
Report: Blockchain.com Funding Round Cuts Valuation in Half
November 15, 2023  |  Cryptocurrency

Blockchain.com’s latest funding round has reportedly cut its valuation by more than half. Get the Full Story Complete the form to unlock this article and enjoy...

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Chewy Lays Off 200 Employees, Aiming to Become More Agile
Chewy Lays Off 200 Employees, Aiming to Become More Agile
November 14, 2023  |  eCommerce

Online pet supplies retailer Chewy has recently undergone a round of layoffs, impacting over 200 employees across multiple locations. Get the Full Story Complete the form to...

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