Amazon.com Inc (NASDAQ: AMZN), on Thursday, revealed plans of laying off 18,000 employees worldwide – a much bigger number than the one it suggested in its previous update. Amazon shares in the red ag...
Tag: employees
Amazon Reportedly to Fire 17,000 Employees Amid Economic Downturn
Editors News The worldwide spread of the Covid virus really helped the firm earlier. As of the third quarter of 2022, Amazon had 1.5 million employees. Amid growing economic uncertainty, Amazon froze ...
Huobi Forces Employees To Accept Payments In Crypto: Report
According to a report, Huobi Exchange is forcing its employees to accept salary in USDT/USDC instead of fiat currency. It is also claimed that if they deny to the payment method they will be fired. Th...
Wyre said to shut down and lay off employees as CEO declares scaling back
Crypto firm Wyre has reportedly informed its employees it is shutting down operations in the first quarter of 2023. Its CEO insists that the company is scaling back. Wyre, a blockchain-based payments ...
NLRB says Tesla violated the law by telling employees not to talk about pay
The National Labor Relations Board has accused Tesla of violating labor law by prohibiting employees in Orlando, Florida from talking about workplace matters. According to Bloomberg, NLRB’s Tamp...
Tesla told employees not to complain to managers about pay, labor director alleges
Electric-vehicle maker Tesla Inc. ran afoul of the law when the company told employees at an office in Florida not to complain to higher-ups about pay or discuss things like hiring, a U.S. labor board...
Another Crypto Company Dismisses 40% of its Employees to Survive the Bear Market
Octopus Network – a multichain crypto network supporting Web3 applications – will lay off 40% of its staff members to ensure its survival amidst the ongoing crypto winter. The adverse macroeconomic fa...
Most Popular Articles Show Employers More Focused On Workplace Culture
A review of the 2022 most read articles shows employers are serious about improving workplace … [+] culture. getty I’m coming up on a fourth anniversary as a Forbes contributor to Diversit...
Goldman Sachs is planning to cut up to 8% of its employees in January
David Solomon, chief executive officer of Goldman Sachs Group Inc., during a Bloomberg Television at the Goldman Sachs Financial Services Conference in New York, US, on Tuesday, Dec. 6, 2022. Michael...
Bolthouse Farms Adopts Less Restrictive NDA Policy To Protect Employees
BAKERSFIELD, CALIFORNIA – MAY 26 : Massive carrot harvesters gather carrots from the ground and into … [+] waiting truck for drive to Bolthouse Farms processing facility, May 26, 2004 in B...
Binance CEO Issues Warning to Employees: Challenging Times Ahead
Changpeng Zhao, the founder and CEO of Binance, warned employees of the forthcoming challenges. Is he planning layoffs? According to a Bloomberg report, Changpeng Zhao sent a memo to Binance employees...
Paradigm slashes employees’ salaries by 15%
The crypto derivatives trading platform Paradigm, through a recent announcement, reduced employee compensation by 15% across the board. The OTC business, which is distinct from the cryptocurrency inve...
Crypto Exchange Huobi Says It’s Not Letting Employees Go
Huobi Global – a known cryptocurrency exchange – is denying rumors that it plans to let go of some of its employees. It has also denied rumors that two of its top executives have resigned in recent we...
Businesses Can Now Pay Employees’ Salaries In XRP
– Advertisement – NOWPayments said companies could pay salaries in XRP using its Mass Payouts feature. Top-rated cryptocurrency payment gateway NOWPayments recently revealed that employers...
3Commas debunks claims that employees stole users’ API keys
Crypto trading company 3Commas is in the eye of a storm: while some accuse its employees of stealing users’ API keys, the company insists such claims are fake. In a recent post, the CEO of 3Commas, Yu...
3Commas Refutes Allegations That Employees Stole API Keys
The firm that trades in cryptocurrencies provides another denial of the claim that the API keys of users were stolen and urges consumers to file a complaint with the local authorities in reaction to t...
BlockFi employees were discouraged from describing risks in internal communications: Report
Following BlockFi’s Chapter 11 bankruptcy filing with the United States Bankruptcy Court for the District of New Jersey, reports have surfaced about the crypto lending company’s risk assessment and ma...
Elon Musk’s Twitter Sued For Specifically Firing Female Employees
Another lawsuit has been filed against Twitter Inc. as a result of the recent purging of half of its workforce. This particular case alleges that the social media corporation targeted female employees...
Feds have contacted former FTX employees as part of investigation
Federal law enforcement is in touch with former FTX employees as part of a criminal investigation into the failed exchange and its sister hedge fund Alameda Research. Two former FTX employees h...
Adobe Reportedly Cutting 100 Employees While Plaid Axes 260
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...
Fintech firm Plaid lays off 260 employees
Plaid, a firm that connects banks and fintech firms, laid off about 260 employees as it grapples with the slowing economy. “The simple reality is that due to these macroeconomic changes, ...
Elon Musk converts Twitter HQ into Bedroom, Employees will work even at night
Ever since Elon Musk took charge of Twitter, he has been experimenting continuously. After retrenchment of Twitter employees, now they are also increasing the pressure of work on them. In this sequenc...
GameStop layoffs more employees, including crypto wallet engineers
GameStop cuts out one more round of employees on December 5. In a investigating comment, Williams revealed that a firm publicization is due later today. GameStop, an American video game retailer cut ...
How Costco keeps the peace with its employees
Steady membership fees and cost savings helped fuel Costco (COST) to record membership renewal rates this year, driven in part by concerns about inflation. But the Issaquah, Washington–based company h...
Celsius Network Secured Court Approval to Remunerate its Employees
14 seconds ago | 2 mins read Exchange News Non-executive employees may get rewards from Celsius Network. U.S. Court approved Celsius’s request to withhold the proceedings until February 15, 2023. The ...
This Crypto Venue Fired 40% Of Employees Due To Bear Market
The crypto world has had its fair share of drama as the bear market bites down on the entire landscape. In addition, global inflation has also caused most companies to resize their organizational stru...
Swyftx layoffs 40% of its employees. Know the reason
Swyftx, a crypto exchange established in Australia has eliminated about 90 employees, which it clarified was in the arrangement of a “worst-case scenario.” The worst-case scenario will be a result of...
Starbucks Employees Unhappy with this New Change
Starbucks (SBUX) – Get Free Report is world renowned in the coffee and drinks industry, but has been under scrutiny for a while with the company opposing its employees because some workers have...
AAX Users Storm Crypto Exchange’s Nigerian Offices, Attack Employees – News Bitcoin News
Nigeria users of the crypto exchange AAX, which suspended withdrawals on Nov. 12, reportedly stormed its offices in Lagos and began assaulting employees. Reports that disgruntled AAX users have harass...