Peloton CEO Barry McCarthy to step down, company to lay off 15% of staff as it looks to refinance debt
Barry McCarthy, president and CEO of Peloton Interactive, walks to a morning session at the Allen & Company Sun Valley ...
Tag: staff
Michelin rolls out global living wage after minimum wages left staff in ‘survival mode’
After realizing that the minimum wage in its home country left some workers at breaking point, French tire maker Michelin ...
Sri Lanka s Chief of Defence Staff visits Kenya s Defence HQ
The Chief of Defence Staff of Sri Lanka Armed Forces (CDS) General Shavedra Silva visited the Defence Headquarters of Kenya ...
Amazon terminates iRobot deal, vacuum maker to lay off 31% of staff
The iRobot headquarters in Bedford, Massachusetts, US, on Friday, June 16, 2023. Amazon.com Inc.'s proposed $1.7 billion deal to buy ...
UN urges reversal of funding pause for Palestinian agency, promises staff accountability
U.N. officials implored countries to reconsider a pause in funding for the U.N. agency for Palestinians on Sunday, vowing that ...
Tencent’s Riot Games division cuts 11% of staff to ‘create focus’
Ma ''Pony'' Huateng, chairman and chief executive officer of Tencent Holdings Ltd., speaks during the Guangdong-Hong Kong-Macao Greater Bay Area ...
Alibaba’s Lazada cuts staff across Southeast Asia in fresh round of layoffs
Lazada is the third-largest e-commerce player in Indonesia, after Sea Limited's Shopee and Tokopedia, according to Momentum Works.Matt Hunt | ...
Spotify to lay off 17% of employees — read the full memo CEO Daniel Ek sent to staff
It comes after Spotify reported a 65 million euro ($70.7 million) profit for the third quarter, citing lower spend on ...
Zepz, a $5 billion fintech unicorn, is laying off more staff
Zepz, which owns the WorldRemit and Sendwave brands, has a headcount of around 1,600.Sopa Images | Lightrocket | Getty ImagesZepz, ...
