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Peloton cutting about 400 jobs worldwide; CEO McCarthy stepping down
San Francisco Chronicle· 1 hour agoPeloton is cutting about 400 jobs worldwide as part of a restructuring effort and its CEO Barry...
Stellantis Adapts to EV Challenge, Follows Tesla's Lead by Cutting Costs Through Global Job Shifts
Benzinga via AOL· 1 hour agoStellantis NV (NYSE:STLA) is shifting its engineering recruitment toward lower-cost countries such...
Emergent BioSolutions Layoffs 2024: What to Know About the Latest EBS Job Cuts
InvestorPlace· 1 hour agoEmergent BioSolutions (NYSE:EBS) layoffs are in the news as the life sciences company prepares to ...
Barclays Begins Implementing Job Cuts Across Investment Bank
Bloomberg· 1 day agoHave a confidential tip for our reporters? Barclays Plc has begun cutting hundreds of jobs as the...
Peloton CEO McCarthy steps down, fitness equipment maker to cut 15% of jobs
Reuters via Yahoo Finance· 5 hours agoA former Netflix and Spotify executive, McCarthy took the helm in 2022 from founder John Foley and...
Tesla cutting another 26 jobs at Buffalo plant after ending Supercharger work
The Buffalo News· 3 hours agoTesla plans to cut another 26 jobs at its Buffalo factory after the company decided earlier this...
Kevin O’Leary slams Biden's vow to let Trump tax cuts expire — predicts it will lead to recession, ...
Moneywise via Yahoo Finance· 6 hours ago“That tax cut is going to expire. If I’m re-elected, it’s going to stay expired.” If his intention...
Almost 65,000 Job Cuts Were Announced In April—And AI Was Blamed For The Most Losses Ever
Forbes· 12 hours agoTesla's announcement that it would cut roughly 14,000 employees—about 10% of its workforce—made...
Wall Street drifts as it waits for reports on Apple, job market
Republican-American· 3 hours agoWith a meeting by the Federal Reserve out of the way, U.S. stocks are drifting Thursday as Wall...
Guardian to cut journalists’ jobs as it slides back into heavy losses
The Telegraph via Yahoo Finance· 3 hours agoThe note, seen by The Telegraph, said an “advertising recession and challenging market conditions...