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[ad_1] Toy maker Mattel Inc. on Wednesday reported fourth-quarter results that missed expectations, with the company saying it plans to cut costs this year while continuing...
[ad_1] Department-store chain Macy’s Inc. plans to cut 2,350 jobs and close five stores, the Wall Street Journal reported on Thursday, as the company tries to...
[ad_1] Shares of Nike Inc. tumbled after hours Thursday after the athletic-gear giant warned of a “softer second-half revenue outlook” on its quarterly earnings call, and...
[ad_1] Updated Dec. 12, 2023 2:54 am ET Nokia cut its operating margin guidance, with market conditions in its mobile networks business remaining challenging due to...
[ad_1] Hasbro Inc. is cutting about 900 jobs as the company is facing a slump in toy and game sales after a boom during the pandemic....
[ad_1] Spotify Technology SA on Monday said it plans to reduce head count by 17%, which would mark the third time the audio streaming group has...
[ad_1] The numbers: The U.S. economy expanded but at a relatively subdued pace in early November, latest data from S&P Global show. The S&P Global “flash” U.S....
[ad_1] With yet another blowout earnings report, Nvidia Corp. has ended an earnings recession in the U.S. and helped to solidify the continuation of a drastic...
[ad_1] By Adria Calatayud Alstom plans to cut around 1,500 full-time equivalent positions and scrap its dividend as part of a cost-savings plan to reduce debt...
[ad_1] Virgin Galactic said it would cut jobs and expenses to focus on producing its lower-cost Delta spaceships. [ad_2] Source link
[ad_1] Shares of Sleep Number Corp. tanked 30% in the after-hours session Tuesday after the mattress maker and retailer swung to a surprise quarterly loss, predicted...
[ad_1] Nokia on Thursday set out plans to cut its workforce by up to 14,000 as it reported a steep drop in third-quarter profit. The telecom...
[ad_1] By Ian Walker and Joe Hoppe Rolls-Royce Holdings is set to cut 2,000-2,500 jobs worldwide as part of a transformation program and strategy review. The...
[ad_1] The U.S. unemployment rate jumped to an 18-month high of 3.8% in August. Does that mean the economy is tottering and layoffs are rising from...
[ad_1] The numbers: The U.S. added a more modest 187,000 new jobs in July, perhaps a sign the economy is cooling enough to drive inflation lower...
[ad_1] Anheuser-Busch InBev is planning to cut jobs in the U.S. after a sharp deterioration in sales following a boycott that’s still impacting Bud Light. The...
[ad_1] The numbers: The number of people who applied for U.S. unemployment benefits in early June jumped to a nearly two-year high of 261,000, but most...
[ad_1] Meta Platforms Inc. has started to execute on its latest round of layoffs, according to reports. The third round of cuts is part of a...
[ad_1] U.K. telecoms provider BT Group set plans to cut up to 55,000 jobs by the end of the decade as it completes the rollout of...
[ad_1] U.S. stocks recovered some ground on Friday, after four days of losses, as shares of regional banks rebounded and the main indexes received a boost...