Toy maker Mattel Inc. on Wednesday reported fourth-quarter results that missed expectations,…
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redundancies
67 posts
Macy’s to lay off 13% of corporate staff, close five stores
Department-store chain Macy’s Inc. plans to cut 2,350 jobs and close five…
Nike shares dive, company eyes $2 billion in cost cuts amid 'softer' outlook
Shares of Nike Inc. tumbled after hours Thursday after the athletic-gear giant…
Nokia Cuts Operating Margin Guidance Amid Challenging Market
Updated Dec. 12, 2023 2:54 am ET Nokia cut its operating margin…
Hasbro to lay off more workers amid toy sales slump
Hasbro Inc. is cutting about 900 jobs as the company is facing…
Spotify announces third and largest round of layoffs
Spotify Technology SA on Monday said it plans to reduce head count…
U.S. economy growing only at a subdued rate in early November, S&P Global says
The numbers: The U.S. economy expanded but at a relatively subdued pace in…
Nvidia ends an earnings recession and is helping to reshape corporate profits
With yet another blowout earnings report, Nvidia Corp. has ended an earnings…
Alstom to Cut Jobs, Scrap Dividend to Accelerate Debt Reduction — Update
By Adria Calatayud Alstom plans to cut around 1,500 full-time equivalent positions…
Virgin Galactic to Cut Jobs as Interest Rates Bite
Virgin Galactic said it would cut jobs and expenses to focus on…
Sleep Number’s stock falls 30% as company saw demand change ‘abruptly’
Shares of Sleep Number Corp. tanked 30% in the after-hours session Tuesday…
Nokia to cut as many as 14,000 jobs as profit drops by 69%
Nokia on Thursday set out plans to cut its workforce by up…
Rolls-Royce to Cut 2,000-2,500 Jobs Globally in Strategic Overhaul
By Ian Walker and Joe Hoppe Rolls-Royce Holdings is set to cut…
Unemployment surge to 3.8% may be a summer-jobs mirage
The U.S. unemployment rate jumped to an 18-month high of 3.8% in…
U.S. adds 187,000 jobs in July and points to hiring slowdown. Wages still high
The numbers: The U.S. added a more modest 187,000 new jobs in…
Anheuser Busch InBev to cut jobs after Bud Light boycott
Anheuser-Busch InBev is planning to cut jobs in the U.S. after a…
U.S. jobless claims leap to nearly two-year high of 261,000
The numbers: The number of people who applied for U.S. unemployment benefits…
Meta begins third round of layoffs: reports
Meta Platforms Inc. has started to execute on its latest round of…
BT sets plan to cut 55,000 jobs by end of decade
U.K. telecoms provider BT Group set plans to cut up to 55,000…
Dow gains 450 points as U.S. stocks recover after 4 days of losses
U.S. stocks recovered some ground on Friday, after four days of losses,…