Plaid became the latest U.S. tech startup to conduct a massive round of layoffs on Wednesday, just as Adobe reportedly started laying off its staff—as employers fear high inflation could slide the eco...
Tag: Cutting
Chainlink Adds Staking After Cutting Sales Staffers
Mark Chainlink Labs as the latest crypto company instituting layoffs and blaming the bear market — while lining up opportunistic new products. The firm — which powers oracle solutions and relate...
PepsiCo Cutting Hundreds of Jobs in North America: WSJ
PepsiCo is planning to cut hundreds of jobs at its North American snacks and beverages headquarters, according to The Wall Street Journal, citing people familiar with the matter and documents seen by ...
Bybit is Cutting its Workforce by 30% to Reorganize Business
Bybit, a Dubai-based crypto derivatives exchange, seems like it is following the footsteps of leading U.S. firms like Kraken, Lemon Cash, Coinbase, Amazon, Meta, and Twitter. Reportedly the crypto exc...
OPEC+ agrees against cutting oil production further: sell oil stocks?
“XLE” – the Energy Select Sector SPDR Fund is in the red on Monday after OPEC+ agreed against cutting oil production further that sent oil prices back under $80 a barrel. What to expect from energy st...
Retailers Are Cutting Jobs Instead of Hiring Help Ahead of the Holidays
The holiday season is usually a reason for stores to staff up to handle the surge of shoppers. But Friday’s jobs report showed a concerning trend: Retailers are shedding workers. According to the Bure...
U.S. Air Force Reveals (Not So) Cutting Edge B-21 Stealth Bomber
B-21 Stealth bomber unveiled for first time in Palmdale, California. Northrop Grumman Unveiled during a ceremony Friday evening at the secretive Plant 42 in Palmdale, California, the B-21 “Raider” ste...
DoorDash to Lay Off 1,250 Employees in Cost Cutting Measures
DoorDash CEO acknowledged that they were not rigorous in managing team growth. The company has also announced severance benefits to all the departing employees. On Wednesday, November 30, the food del...
Cutting Down On Pool Fees May Become a Necessity For…
Ongoing bearish market conditions continue to drive crypto prices down further. For Bitcoin miners, that means a fine line between breaking even or turning a loss. Finding any advantages, including re...
Algorand (ALGO) Price Prediction 2025-2030: Should you be cutting losses?
Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject The price of Algorand has decrease...
Crypto Exchange Kraken Is Cutting Off Russian Customers
Popular digital currency trading platform Kraken has announced it is cutting off all business with Russian customers, and the country will not be able to take advantage of its digital currency service...
Bitcoin Financial Services Firm Unchained Capital Cutting Staff, Reshuffling Management
Unchained Capital reduced its workforce by about 15% and moved its head of business development Parker Lewis to the board of directors as well as chief product officer Will Cole to a senior advisory r...
The ‘Amazon of Africa’ is reducing staff and cutting premature products in its new era
African e-commerce company Jumia reported $50.5 million in revenue for this year’s third quarter with declining operating losses (33%) and increasing gross profit (29%) compared to last year, while ac...
Dogecoin is on the cutting edge of future assets
Attention is the lifeblood of Dogecoin (DOGE) and other memecoins. Much like earnings drive the price of corporate shares, the size and quality of attention captured by memecoins drive their price act...
High-Income Consumers Plan Fewer Gifts And More Travel, Cutting Into Retail Holiday 2022 Sales
An open empty gift box and female hands on the wooden table background. No gift concept. getty Throughout the critical holiday season of November and December, the National Retail Federation predicts ...
Rakuten Is Said Cutting Mobile Unit Headcount to Woo Investors
(Bloomberg) — Rakuten Group Inc. is reducing headcount at its mobile unit and seeking outside investors to help turn around the loss-making business, according to people familiar with the matter...
India’s Massive Silver Demand Cutting World’s Warehouse Stocks
(Bloomberg) — Indian silver consumption is forecast to surge by around 80% to a record this year, as traders draw down inventories in warehouses from London to Hong Kong after two Covid-riddled ...
BNB investors should read this before cutting their losses in November
BNB, like most other cryptos in the market, registered a promising performance over the last few weeks, thanks to the bullish market condition. Not only did BNB’s price increase by more than 15% in th...
Payments Processor Stripe Cutting Over 1,000 Jobs
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Elon Musk Starts Cutting Jobs at Twitter
(Bloomberg) — A handful of people posing as Twitter employees departed from the company’s San Francisco headquarters carrying boxes of belongings. Inside the company, Slack channels lit up with ...
Ukrainians ‘Concerned’ About GOP Cutting War Funding If It Wins Control Of Congress, Report Says
Topline Ukraine’s foreign minister told Axios he is “concerned” about recent comments from House Minority Leader Kevin McCarthy (R-Calif.) suggesting a Republican-controlled Congress...
Foot Locker Drops Yeezy—Here Are The Companies Cutting Ties With Kanye West After His Antisemitic Comments
Topline After weeks of Kanye West making antisemitic and controversial remarks, companies including Adidas, Gap, CAA and Balenciaga have severed ties with the rapper. Kanye West is seen on October 21,...
Adidas Drops Kanye West—Here Are The Other Companies Cutting Ties After His Anti-Semitic Comments
Topline After weeks of Kanye West making anti-Semitic and controversial remarks, companies including Adidas, CAA and Balenciaga have severed ties with the rapper. Kanye West is seen on October 21, 202...
Talent Agency CAA Drops Kanye West—Here Are The Other Companies Cutting Ties After His Anti-Semitic Comments
Topline After weeks of Kanye West making anti-Semitic and controversial remarks, companies including CAA and Balenciaga have severed ties with the rapper, while Adidas has put its relationship with hi...
Apple, AMD confirm they’re among TSMC’s first Arizona customers, while Intel preps for return to cutting edge in 2023
Apple Inc. Chief Executive Tim Cook confirmed at an event Tuesday that the tech giant will be one of Taiwan Semiconductor Manufacturing Co.’s first Arizona fab customers, while Intel Corp. hopes to jo...