Expedia to cut about 1,500 jobs
First employees affected getting notified on Monday, online travel company says.
Source: marketwatch.com
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Expedia to Cut 1,500 Jobs. The Travel Industry Is In a Tough Spot.
Last year's roaring success has posed problems for the travel sector, as investors digest the prospect of tough comparisons and slowing demand growth in 2024.
Source: marketwatch.com
Sony cuts 900 PlayStation jobs after PS5 sales fell short of expectations
Sony became the latest video-game business to reduce its workforce, as it announced plans to cut 900 jobs, representing 8% of its workforce.
Source: marketwatch.com
Sony Lays Off 900 PlayStation Workers, Shutters London Office
Sony Interactive Entertainment said it’s slashing 900 jobs, or about 8% of its workforce, as PlayStation 5 sales are expected to miss the mark.
Source: marketwatch.com
Despite Deteriorating Economics, Equity Markets At All-Time Highs
There were several important news events this week including the Fed’s January minutes. But this took a back seat to Nvidia’s blowout top and bottom-line numbers.
Source: forbes.com