Time is running out for interest rate cuts, market forecaster Jim Bianco warns before Fed meeting
The window for interest rate cuts may be closing.On the eve of the Federal Reserve's two-day policy meeting, Wall Street ...
Tag: Layoffs
Laid-off techies face ‘sense of impending doom’ with job cuts at highest since dot-com crash
The Google office in New York on February 2, 2023.Ed Jones | Afp | Getty ImagesAllison Croisant, a data scientist ...
IBM is slashing jobs in marketing and communications
POLAND - 2023/09/11: In this photo illustration, IBM logo seen displayed on a smartphone with Artifical Intelligence (AI) symbols in ...
Best Buy warns of layoffs as it issues soft full-year guidance
People walk past a Best Buy store in Manhattan, New York City, November 22, 2021.Andrew Kelly | ReutersBest Buy surpassed ...
Alibaba bets on overseas e-commerce unit amid sluggish growth in China
The logo of the Alibaba office building is seen in the Huangpu District in Shanghai, June 16, 2023.Costfoto | Nurphoto ...
Companies — profitable or not — make 2024 the year of cost cuts
Mathisworks | Digitalvision Vectors | Getty ImagesCorporate America has a message for Wall Street: It's serious about cutting costs this ...
Cisco says it’s cutting 5% of global workforce, amounting to over 4,000 jobs
Chuck Robbins, Cisco CEO & Chairman, at the WEF in Davos, Switzerland on May 25th, 2022.Adam Galica | CNBCCisco announced plans ...
Fearing social media backlash, companies are using all kinds of euphemisms to avoid being straightforward about layoffs. Beware ‘jargon monoxide’
Have you suffered an “involuntary career event” recently? Perhaps you were a casualty of “corporate outplacing,” the unfortunate, yet ostensibly ...
Snap to lay off 10% of global workforce, around 500 employees
Co-founder and CEO of Snap Inc. Evan Spiegel attends the Senate Judiciary Committee hearing on online child sexual exploitation at ...
Tech’s longtime highfliers are growing up by getting smaller
Visitors take photos in front of the Meta sign at its headquarters in Menlo Park, California, December 29, 2022.Tayfun Coskun ...
