Discord cuts 17% of workforce, joining growing list of tech companies downsizing to start 2024
The Discord app is seen on an iPhone in this photo illustration in Warsaw, Poland, on April 3, 2021.Jaap Arriens ...
Tag: cuts
Wells Fargo Investment Institute bets on rate cuts, lifts 2024 S&P 500 target
Most of Wall Street slipped, giving back some of the big gains from the day before. The S&P 500 fell ...
Revised Forecast: Bloomberg Analyst Cuts Probability of Bitcoin Spot ETF Rejection to 5%
Popular Bloomberg ETF analyst Eric Balchunas has lowered the possibility of the US Securities and Exchange Commission (SEC) denying the ...
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 | ...
Fed officials in December saw rate cuts likely, but path highly uncertain, minutes show
Federal Reserve officials in December concluded that interest rate cuts are likely in 2024, though they appeared to provide little ...
Fed sees rates staying high for some time with cuts eyed in 2024
“Participants viewed the policy rate as likely at or near its peak for this tightening cycle,” according to the minutes ...
Nike, Foot Locker shares sink after athletic apparel maker cuts revenue outlook
Nike shares plunged Friday after the athletic apparel maker cut its revenue outlook for the fiscal year, with sneaker retailer ...
Tech companies like Google and Meta made cuts to DEI programs in 2023 after big promises in prior years
Shortly after the murder of George Floyd at the hands of Minneapolis police in 2020, Google was among many tech ...
Nike sinks 12% after it slashes sales outlook, unveils $2 billion in cost cuts
Nike on Thursday unveiled plans to cut costs by about $2 billion over the next three years as it lowered ...
FedEx profit misses, cuts full-year revenue forecast; shares sink
FedEx cut its full-year revenue forecast and reported quarterly profit that fell far short of analysts' targets on Tuesday, sending ...
