layoffs

Blue Apron CEO Salzberg Needs to Be Fired

The most recent sign that recent IPO Blue Apron Holdings Inc. (NYSE: APRN) is in deep trouble is that the company announced it will lay off employees. It has only ...
Read Full Story »

6 Most Important Things in Business Today

Long-time American Express Co. (NYSE: AXP) CEO Kenneth Chenault will step down. He leaves a mixed record as the company has been troubled by the success of other credit cards ...
Read Full Story »

6 Most Important Things in Business Today

Roy Price, the head of Amazon Studios, a division of Amazon.com Inc. (NASDAQ: AMZN), who was accused of sexual harassment, has quit. He had been put on leave, and his ability ...
Read Full Story »

Tesla Had Some Inadequate Employees, So It Fired Them

Tesla Inc. (NASDAQ: TSLA) has been cited as one of the best places to work in the United States, particularly for employees interested in high tech. However, it is also ...
Read Full Story »

6 Most Important Things in Business Today

Japan's Nikkei hit a two-decade high on the back of a pickup in an economic activity that has been years in the making. The Philadelphia Inquirer and Daily News said ...
Read Full Story »

Does Ford’s Massive Overhaul Mean Job Cuts?

Ford Motor Co. (NYSE: F) CEO Jim Hackett released his plans for the company's next five years. The programs meant to change the cost structure and investments by Ford over ...
Read Full Story »

Eli Lilly Hopes to Benefit From Joining the Layoff Brigade — 3,500 Pink Slips!

You know it is a different world when big pharmaceutical giants began to lay off workers in recent years. Now it is Eli Lilly and Co. (NYSE: LLY) joining in ...
Read Full Story »

6 Most Important Things in Business Today

Newspaper chain Tronc Inc. (NASDAQ: TRNC) bought the New York Daily News for $1 plus the assumption of a number of liabilities. It gives the chain papers in the three ...
Read Full Story »

General Electric, Dow’s Worst Stock of 2017, Eyes Cost-Cutting

General Electric Co.'s (NYSE: GE) share price rose by nearly 2.7% last week, but the company did not relinquish its position as the worst performing equity of the 30 stocks ...
Read Full Story »

6 Most Important Things in Business Today

According to The Wall Street Journal, Walt Disney Co. (NYSE: DIS) will cut staff at its ABC television operation. Like most traditional media operations, its revenue is under pressure from ...
Read Full Story »

6 Most Important Things in Business Today

Newspaper chain Tronc Inc. (NASDAQ: TRNC) fired the publisher and several top editors at its flagship the Los Angeles Times. The company hired former Yahoo executive Ross Levinsohn to be ...
Read Full Story »

Will Under Armour Restructuring Raise Investors’ Spirits?

Under Armour Inc. (NYSE: UAA) reported second-quarter 2017 results before markets opened Tuesday. The sports gear maker reported a diluted loss per Class A and Class B share of $0.03 ...
Read Full Story »

6 Most Important Things in Business This Morning

France wants to end sales of gas and diesel cars by 2040. Tesla Inc.'s (NASDAQ: TSLA) stock plunge took away its crown as the number one U.S. car company by ...
Read Full Story »

June Job Cuts Fall 19%, Lowest Monthly Total of Year, Says Challenger Gray

Employers announced plans to trim payrolls by 31,105 jobs in June, the lowest monthly total of the year, according to a report released Thursday by Chicago-based global outplacement consultancy Challenger ...
Read Full Story »

What to Look For in Nike Q4 Earnings

Nike Inc. (NYSE: NKE) is scheduled to release its fiscal fourth-quarter financial results after the markets close on Thursday. The consensus estimates from Thomson Reuters call for $0.50 in earnings ...
Read Full Story »