layoffs - Page 2

Can Rite Aid Save Itself With This Restructuring?

Rite Aid Corp. (NYSE: RAD) announced on Wednesday morning that there will be some changes in its executive leadership as well as some restructuring. At this point, investors are welcoming ...
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McClatchy and Tribune Could Merge, Hundreds of Jobs at Risk

The New York Post reports that there may be a marriage of two of America's largest newspapers chains. McClatchy Co. (NYSE: MNI) has retained a banker, the report says, in ...
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Is Activision Poised for Layoffs?

Activision Blizzard Inc. (NASDAQ: ATVI) shares dipped on Monday after a report came out that the video game firm plans to announce some job cuts along with its earnings report ...
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January Layoffs Up 21% to 53,000

In a worrying start to the year, major companies laid off 52,988 workers in January, up 20.7% from December and up 18.7% from January a year ago. The data show ...
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Tesla to Cut Workforce by 7%

Elon Musk, the CEO and founder of Tesla Inc. (NASDAQ: TSLA), said he could cut his workforce 7%, even though the company needs to increase production of its inexpensive Model ...
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How Ford Is Looking to Trim the Fat in 2019

Ford Motor Co. (NYSE: F) has been facing a lot of pressure recently, especially considering its stock is down about 33% in the past 52 weeks. As a result, the ...
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How Bad Is Ford’s European Business?

In an announcement from Cologne, Germany, Ford Motor Co. (NYSE: F) said it is beginning talks with trade unions and other European parties as the company begins to earn some ...
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Will the Selecta Biosciences Restructuring Pay Off?

Selecta Biosciences Inc. (NASDAQ: SELB) shares pushed higher on Friday after the company provided an update on its new streamlined structure under its new president and chief executive officer. In ...
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Employee Morale Day: Jaguar Land Rover to Cut Thousands

Jaguar Land Rover, the former U.K. auto company now owned by India's Tata Motors Ltd. (NYSE: TTM), is about to cut thousands of jobs, following the lead of several other ...
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6 Most Important Things in Business Today

An important Chinese executive was arrested in Canada based on a request by the United States. According to Reuters: The daughter of Chinese tech giant Huawei’s founder has been arrested ...
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Nationwide Is Slashing Jobs

One of Ohio's largest banks, Nationwide, announced Wednesday morning that it is cutting 1,100 jobs across the country, beginning with 350 cuts at its headquarters in Columbus and 80 in ...
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6 Most Important Things in Business Today

Snap Inc. (NYSE: SNAP) is being investigated about some of its IPO claims. According to Reuters: The U.S. Justice Department and Securities and Exchange Commission have subpoenaed Snap Inc for ...
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6 Most Important Things in Business Today: Tesla’s New Chairman

Tesla Inc. (NASDAQ: TSLA) has a new board chair. According to Reuters: Tesla Inc said board member Robyn Denholm will replace Elon Musk as its chair, more than a month ...
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GM’s Voluntary Severance Offers for 18,000 Employees, More Peak Auto Trends Confirmed

General Motors Co. (NYSE: GM) managed to prove that major car and auto manufacturers can still deliver on strong earnings. And very strong consumer confidence should continue to keep demand ...
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6 Most Important Things in Business Today: Microsoft Becomes No. 2 Market Cap

Microsoft Corp. (NASDAQ: MSFT) is set to pass Amazon.com Inc. (NASDAQ: AMZN) as the number two market cap company due to stock price reactions to earnings at both companies. Each ...
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