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First Republic Bank deposits tumble more than $100 bln as it explores options

First Republic Bank shares sank more than 20% after the closing bell on Monday as it said deposits plunged by more than $100 billion in the first quarter and it was exploring options such as restructuring its balance sheet.

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Deloitte to cut 1,200 jobs in the US - FT

Deloitte will cut around 1,200 jobs or 1.5% of its U.S. workforce, the Financial Times reported on Friday, citing internal employee communications.

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Branson's Virgin Orbit files Chapter 11 bankruptcy plan

Richard Branson's Virgin Orbit Holdings Inc and its subsidiaries in the United States filed a Chapter 11 bankruptcy plan with the U.S. Bankruptcy Court for the District of Delaware, the company said in a statement on Wednesday.

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BuzzFeed to shut news unit to focus on HuffPost and cut 15% staff

BuzzFeed said it aims to consolidate its news content in HuffPost and cut its workforce by 15%, sending the shares of the digital media company down.

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B2Gold begins phased closure of Namibia's Otjikoto mine

Canadian gold miner B2Gold Corp has started the phased closure of its Otjikoto open-pit mine in Namibia because of its depleted gold resource, the company said on Tuesday.

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Ten Square Games to lay off 25% of staff, suspend two major projects

Ten Square Games said on Monday it plans to cut its workforce by 25%, or about 120 people, by the end of April and suspend two major projects, blaming a challenging economy and an unstable mobile games market.

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David's Bridal files for bankruptcy, seeking to find a buyer

David's Bridal, the largest wedding gown retailer in North America, filed for bankruptcy protection on Monday, seeking to find a buyer for its business.

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Elon Musk says Twitter is roughly breaking even

Twitter Inc CEO Elon Musk said on Wednesday the social media company is "roughly breaking even," as most of its advertisers have returned and its aggressive cost-cutting efforts have started bearing fruit after massive layoffs.

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Credit Suisse job cuts must be frozen, Swiss Bank Employees' Association says

Credit Suisse and UBS must freeze any job cuts planned as part of their emergency merger, the Swiss Bank Employees' Association (SBPV) said on Tuesday, in an open letter to the country's parliament.

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Indian delivery firm Dunzo secures $75 mln funding, lays off 30% of staff - ET

Indian online delivery platform Dunzo has secured funding of $75 million through convertible notes and is laying off about 30% of its staff as it plans a revamp of its business model, the Economic Times reported on Thursday.

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