Companies — profitable or not — make 2024 the year of cost cuts
Mathisworks | Digitalvision Vectors | Getty ImagesCorporate America has a message for Wall Street: It's serious about cutting costs this ...
Tag: Personnel
Fed’s Kashkari backs sentiment that policymakers can take their time cutting interest rates
Neel Kashkari, president and CEO of the Federal Reserve Bank of Minneapolis, during an interview in New York on Nov. ...
Fed Governor Kugler backs caution on rates; Kashkari expects only two or three cuts
Federal Reserve Governor Adriana Kugler said Wednesday inflation is showing solid signs of slowing down, but she is not ready ...
Snap to lay off 10% of global workforce, around 500 employees
Co-founder and CEO of Snap Inc. Evan Spiegel attends the Senate Judiciary Committee hearing on online child sexual exploitation at ...
Microsoft lays off 1,900 workers, nearly 9% of gaming division, after Activision Blizzard acquisition
Microsoft will lay off around 1,900 employees in its gaming unit, or around 9% of headcount, according to a Thursday ...
Workers are paying to get part of their paychecks early. It’s ‘payday lending on steroids,’ one expert says
Fotostorm | E+ | Getty ImagesMillions of American workers are paying for early access to their paychecks. In some cases, ...
Why that ‘last mile’ of the inflation fight may be more challenging
A man walks past a barbershop in Los Angeles.Robyn Beck | Afp | Getty ImagesInflation in the U.S. economy is ...
Amazon’s latest layoffs hit its Buy with Prime unit
A worker delivers Amazon packages in San Francisco on Oct. 5, 2022.Bloomberg | Bloomberg | Getty ImagesAmazon is laying off ...
10 years in, GM CEO Mary Barra has built her legacy on change and crisis. 2024 will bring new tests
Mary Barra, Chair and CEO of the General Motors Company (GM), speaks during the Milken Institute Global Conference in Beverly ...
Citigroup is cutting 10% of its workforce in CEO Jane Fraser’s corporate overhaul
Jane Fraser, Citi, at WEF, Davos, Jan. 17, 2023.Adam Galica | CNBCCitigroup said it was cutting 10% of its workforce ...
