Disney earnings report showed it has topped expectations thanks in part to profit from ESPN+ and continued growth at theme parks, but a decline in ad revenue weighed on the top lin...
Search Results for: cost-cutting measures
Amazon reported Q1 earnings and revenue after the bell on Tuesday that came in above analysts’ expectations, thanks to growth from its Amazon Web Services (AWS) and advertisi...
The high street fashion chain, Ted Baker, has recently announced the closure of 15 stores across the UK, resulting in the loss of hundreds of jobs. This move comes after the brand ...
After a major firing spree throughout 2023 in major global tech companies, situation continues to remain bleak for employees across all major departments as over 30,000 tech employ...
From Meta’s impressive Q3 earnings to the challenges faced by companies like Whirlpool and Mercedes-Benz, this roundup provides a comprehensive overview of the latest US earn...
Though NASDAQ was the only major index to close in the green, up 0.1% to extend its winning streak to five days. The S&P 500 sank in the last 15 minutes of the day and closed d...
Amazon CEO Andy Jassy, formerly having been AWS CEO, announced the decision of laying off another 9000 employees in a furlough round, which included the cloud services division, ad...
Research shows that allowing employees to work remotely saves time and costs, thanks to reduced commute and greater flexibility. However, most corporate CEOs have started changing ...
The restructuring will focus on giving creative minds greater control while reducing costs. Bob Iger also stated in a town hall that despite the Disney layoffs, the hiring freeze a...
