European markets struggle; Barclays surges 7% on earningsFebruary 20, 2024 European markets struggle amidst global sentiment uncertainty, while Barclays surges 7% on strong earnings.
Tech industry sees 32,000 job cuts in ongoing layoff waveFebruary 6, 2024 Despite job postings in AI surge, layoffs continue as tech firms trim excess workforce, awaiting economic stability.
Deutsche Bank to slash 3,500 jobs amidst $4.5 billion profitFebruary 2, 2024 Deutsche Bank, amidst a $4.5 billion profit, cut 3,500 jobs as part of a cost-cutting strategy, capitalizing on global interest rate trends.
UPS reports disappointing Q4 earnings and reveals 12,000 job cutsJanuary 31, 2024 UPS reports disappointing Q4 earnings and unveils 12,000 job cuts, aiming to streamline resources in 2024.
eBay cuts 1,000 full-time jobs in 9% workforce reductionJanuary 24, 2024 eBay cuts 1,000 jobs (9% of its workforce) as CEO Iannone emphasizes reducing alternate workforce contracts.
Vietnam shoemaker PouYuen to lay off 6,000 workers amid plummeting demandMay 15, 2023 One of Vietnam’s leading shoe manufacturers, catering to brands like Nike Inc and Adidas AG, announced plans to lay off…
Wall Street faces staffing cuts as Morgan Stanley plans to eliminate 3,000 jobsMay 3, 2023 As the slump in Initial Public Offerings (IPOs) and mergers on Wall Street continues to deepen this year, leading advisory…