No sector of the U.S economy has been spared from the economic fallout of COVID-19. But the ranks of tech startups have been devastated with...
Many Americans have seen their household incomes become one of COVID-19’s many casualties, as the U.S. unemployment rate has skyrocketed and millions of workers who...
In an email on Thursday (June 25), Nike CEO John Donahoe said the current financial crisis will likely see the athletics retailer cutting jobs after...
After using their Paycheck Protection Program (PPP) loans, 14 percent of borrowers foresee needing to lay off staffers, per a survey from the NFIB Research Center. Half...
Blockchain-based we.trade, which works in open trading, has cut around half of its workforce after it was unable to secure sufficient funding, Global Trade Review...
In today’s top news, Walmart acquired health services tech startup CareZone for $200 million, and Grab will lay off more than 300 employees. Plus, WhatsApp...
Grab, the $14 billion Southeast Asian ride-hailing startup, announced hundreds of job losses on Tuesday (June 16) as the impact of COVID-19 continues to take...
New hiring fell to an all-time low in April as coronavirus lockdowns took a steep toll on economic activity across the United States, according to...
WeWork is considering ending its plans for WeLive, its communal living program based in Crystal City near Washington D.C., Bloomberg reports from anonymous sources. It...