Splunk CEO announced the cuts in a letter to employees.
The ADP and JOLTs reports indicate a stable and still strong labor market in the U.S.
Hiring in the US private sector rebounded in October, with education and health care creating the most jobs, payroll firm ADP said Wednesday.
The owner of brands that include Clinique and Tom Ford posted lower sales and profit in the fiscal first quarter.
Barry Callebaut, the world's largest industrial cocoa and chocolate manufacturer struggles, said Wednesday it aims to double its business in Asia as well as its specialties unit as it seeks to move on from a salmonella outbreak at a major facility.
Toyota ramped up its annual net profit forecast to $26.1 billion on Wednesday after reporting it more than doubled in the first six months of the year.
French President Emmanuel Macron said he wanted to "accelerate cooperation" with Kazakhstan on Wednesday, as part of a visit to boost France's footprint in Central Asia.
Russia's aviation industry is facing heavy turbulence, as concerns for passenger safety mount in the face of poor maintenance, a lack of spare parts and regular breakdowns.
Regular passengers of the "Tombouctou", a ferry whose route runs along the Niger River in northern Mali, are accustomed to hearing gunfire from the riverbank during their journeys.
Japanese police on Wednesday were probing the motives of an 86-year-old who took two women hostage in a post office after reportedly first setting his home on fire and shooting into a hospital.
Electric vehicle sales are surging in Jordan, a trend drivers and showrooms attribute to high petrol prices more than any concerns about air pollution and climate change.
Most Asian stocks rose Wednesday ahead of an expected pause in the US Federal Reserve's interest rate campaign, while the yen fell from its 2023 highs after Japan's top forex official said authorities were "on standby" to intervene.
The Federal Reserve is widely expected to announce Wednesday that it will keep interest rates at a 22-year high in a bid to tackle inflation without harming the buoyant US economy.
Midsized carrier JetBlue began squaring off in court Tuesday against the US Department of Justice in a closely-watched challenge to the Biden administration's antitrust policy.
Former crypto tycoon Sam Bankman-Fried struggled on Tuesday to explain his behavior during the last days of his FTX empire, as prosecutors shone a light on his willingness to take massive risks.
Toyota will significantly expand an electric battery plant in North Carolina, ramping up a bet on zero-emission vehicles in the United States, the automaker announced Tuesday.
A new study showed that the priciest zip codes are concentrated in 12 states.
French police have arrested Russian billionaire Alexei Kuzmichev, one of the co-founders of the Alfa Group and who is targeted by EU sanctions, on suspicion of tax fraud and violating sanctions, sources close to the case said.
French police on Tuesday shot and seriously wounded an unarmed woman who was making threats at a train station in Paris during morning rush hour.
Consumers are more pessimistic about business conditions and expect a recession next year.
Caterpillar reported higher profits Tuesday behind strong pricing trends, especially in its home North America market, which led revenue growth.
The airline cut its forecast for sales and earnings per share in 2023.
Pfizer reported Tuesday a loss following a sharp fall in the sales of its Covid-19 vaccine and therapeutic from pandemic peaks.
AB InBev, the world's top brewer, said Tuesday sales and net profits edged higher in the third quarter despite a drop in sales volume, in particular in the United States where Bud Light has been boycotted by conservative figures.
British mobile phone giant Vodafone announced Tuesday the sale of its Spanish division to investment fund Zegona for up to 5.0 billion euros ($5.3 billion), as part of an ongoing overhaul.
French police have arrested Russian billionaire Alexei Kuzmichev, one of the co-founders of the Alfa Group who is targeted by EU sanctions, on suspicion of tax fraud and violating sanctions, sources close to the case said.
Automaker Stellantis confirmed Tuesday its 2023 outlook thanks to a jump in third quarter revenue despite a costly strike in the United States.
Israel is running a hard-hitting online campaign targeting mostly Europeans with shocking images and testimonies from the attacks carried out by Islamist militant group Hamas on October 7.
Asian stocks were mixed Tuesday, with traders tracking developments in the Middle East crisis as Israel presses on with its ground incursion of Gaza, while hopes the conflict will not spill over regionally kept oil prices subdued.
South Korea's Samsung Electronics said Tuesday that its operating profits for the July to September period were down 77.57 percent from the year before, even as new smartphone releases boosted revenue.
