Cut Global Workforce News Today

Samsung Posts Weakest Earnings in Over a Decade The South Korean tech giants net profit fell 73% in the fourth quarter, leading to weak earnings for 2023. Elon Musks $55.8 Billion Tesla...

Elon Musks $55 Billion Tesla Pay Package Struck Down by Judge Delaware Court of Chancery rejects a pay package initially approved in 2018. Walmart Announces 3-for-1 Stock Split The...

Samsung Posts Weakest Earnings in Over a Decade The South Korean tech giants net profit fell 73% in the fourth quarter, leading to weak earnings for 2023. Universal Music Group Poised to...

PayPal to Cut Global Workforce by 9% as Part of Turnaround Plan The digital payments companys head-count reduction comes on top of a prior round of layoffs of 7% last year and will be made...

Brought to You by BlackRock: Airports, Pipelines and Data Centers The worlds largest asset manager has ambitions beyond index funds. Santander Sees Improved Profits After Strong Fourth...

Where Are Interest Rates Headed? What to Expect From the Fed Meeting The focus will be about what, if anything, Fed officials say about lowering rates even as they are widely expected to keep...

Fed Signals Cuts Are Possible but Not Imminent as It Holds Rates Steady The central bank abandoned formal guidance that had kept hikes on the table since last raising rates in July. ...

Googles Sales Rebound in Fourth Quarter The results signal renewed spending in the digital-advertising market during the holiday shopping season. Microsoft Earnings Jump as AI Excitement...

Citigroup Sued Over Handling of Online Scams New York Attorney General Letitia James wants the bank to pay back defrauded customers. PayPal to Cut Global Workforce by 9% Amid Turnaround...