Flexport founder Ryan Petersen said the supply chain management company will begin the layoffs process Friday as Flexport seeks to "get back to profitability without raising prices or placing our fortress balance sheet at risk.
MariaDB is implementing another round of layoffs following a previous round of job cuts in April. The database company has been facing financial challenges and actively seeking funding in recent months.
Netflix is cutting an unknown number of staffers at its animation arm and is shutting down two films in pre-production following hundreds of job cuts at the streaming giant last year.
The U.S. airline's third-quarter results were boosted by international travel and the return of corporate passengers heading into the hectic holiday season.
The Washington Post has reportedly been struggling with its finances in the past three years and is said to be on track to lose around $100 million this year.
More than 30 Harvard student organizations posted a statement on Facebook over the weekend saying Israel is "entirely responsible for all unfolding violence."
The world's top luxury group LVMH said Tuesday that its third quarter sales were nearly flat at 19.96 billion euros ($21.2 billion), a one percent increase from the same period last year.
Ather Energy eyes Nepal for the export of its flagship model, the 450X. Nepal is a "microcosm of the rising global consciousness over switching to cleaner mobility choices," the company said.
Blue Origin has reportedly eliminated more than three dozen employees in its technology unit about a month after the aerospace firm cut human resources jobs.
Juniper Networks said it was looking to "reallocate resources" to ensure that the company's strategic priorities are efficiently managed.
DreamWorks Animation has laid off dozens of staff at four departments amid the company's preparations for the release of the third "Trolls" movie.
Telltale Games confirmed it has let go of some of its team members due to "current market conditions." It said all projects in development "are still in production."
A survey conducted globally by KPMG reveals the main concerns and priorities for chief executives.
The cricket fever is expected to stay high for weeks as the World Cup kicks off Thursday and has matches lined up till mid-November. Experts say the tournament will likely boost India's economy by around $2.4 billion
Elon Musk's social media platform X has stripped headlines from news articles shared by users, in a move likely to further worsen relations with media groups.
Qualtrics is cutting its staff by the hundreds amid an organizational complexity driven by rapid hiring in the past years. The software company was acquired by Silver Lake in June.
Citigroup is looking to announce the results of its organizational review next month as it continues to simplify the bank's structure.
Google on Wednesday said its latest premium-priced Pixel phone would have powerful generative AI models running independently on the device, as the search engine giant seeks to lure buyers away from the latest iPhone.
Asda signed a deal with India's top software services exporter Tata Consultancy Services (TCS) to ensure the company's smooth divestiture from Walmart.
The layoffs will reportedly happen in the customer experience unit. Twitch last reduced its workforce in March after its parent company Amazon announced it was eliminating around 9,000 roles.
United Airlines announced Tuesday it had ordered a total of 110 new planes from Boeing and Airbus, and secured options to purchase 90 more, in a major deal signaling confidence in the aviation sector.
Meta's proposed plan is in response to European regulators' demands, The Wall Street Journal reported.
TikTok parent ByteDance was, at one point, valued at $400 billion. The short-form video hosting service has been banned by various Western governments amid cybersecurity concerns and questions over its alleged links to Beijing.
The crisis-hit German toy company behind Playmobil, the small plastic figures loved by children the world over, said on Monday that it was cutting 17 percent of its workforce.
Ford announced Monday that over 300 more workers have been temporarily laid off due to "knock-on effects" from the ongoing strike against the company and two other US automakers.
The CEO of JPMorgan said in an interview with Bloomberg TV that the bank will try to redeploy people affected by AI.
Approximately 7,000 workers will join the walkout, which is now in its third week.
Four patent applications filed this month underlined PayPal's interest in layer-2 and non-fungible tokens.
"Hyenas," the Creative Assembly title that recently concluded its beta, has been canceled, Sega said Thursday. The studio has since confirmed that the title's cancelation may result in layoffs.
A federal anti-discrimination agency filed a lawsuit Thursday accusing Elon Musk's Tesla of allowing "pervasive" racism at its Silicon Valley car plant and retaliating against Black workers who opposed such abuse.
