(FILES) In this file photo taken on November 15, 2019 Beyond Meat “Beyond Burger” patties made from … [+] plant-based substitutes for meat products sit on a shelf for sale in New Yor...
Tag: employees
Changpeng Zhao Reveals Internal Note to Binance Employees, Says FTX Takeover Agreement Wasn’t Planned
Binance CEO Changpeng Zhao says that its tentative agreement to acquire rival crypto exchange FTX wasn’t a planned event. In a memo sent to Binance employees, Zhao says that there was no “master plan”...
South Korea Cracks Down on Terra Employees Involved in $100M LUNA Fraud
South Korean authorities have discovered that Terraform Lab, the Do Kwon-led software development company, sold some tokens associated with LUNA Classic (LUNC) to its employees at half price before th...
FTX ‘effectively paused’ withdrawals, CEO Sam Bankman-Fried tells employees
FTX.com effectively paused withdrawals, CEO Sam Bankman-Fried told staff via Telegram, according to Reuters. The exchange — which Binance has struck a deal to acquire — experienced around $6 bi...
In A New Business Strategy By Elon Musk, 50% Of Employees Lost Their Jobs On Twitter
The richest billionaire in the world, Elon Musk, is making new changes on Twitter. As soon as Elon Musk became the CEO of Twitter, he made a lot of changes to the platform. His new actions on Twitter ...
Kyle Busch Kept Employees Positive While His Nascar Team Faced An Uncertain Future
Kyle Busch introduced his new drivers and a new manufacturer for his Kyle Busch Motorsports team at … [+] Phoenix Friday. Greg Engle Kyle Busch Motorsports will live on. Friday at Phoenix Racewa...
Web3 Gaming Studio Mythical Games Lays Off 10% of Its Employees
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Twitter Employees Laid Off Via Email, Slack
Employees were laid off from Twitter (TWTR) globally starting on Nov. 3 and abruptly learned their individual fates by email or being logged off their laptops and Slack, a messaging app. Twitter emp...
Twitter Sued Amid Musk’s Plans to Lay Off 50% of Employees
Elon Musk might be the new owner of the social media giant, Twitter Inc, but he sure isn’t getting off on the right footing. The company has recently been sued through a class action lawsuit that seek...
Twitter employees file lawsuit claiming mass layoffs violate federal law requiring notice
A class-action lawsuit was reportedly filed against Twitter on Thursday on behalf of workers claiming the company’s intended layoffs violate a federal law requiring 60 days’ notice for employees...
Huobi May Soon Lay Off Employees
Wu Blockchain tweeted that Justin Tron may soon begin mass layoffs at his newly acquired Huobi exchange Tron is yet to issue any formal statement Wu further shared how Huobi’s Chief and CFO have prev...
With Twitter layoffs set to start, employees worry about getting their severance
Elon Musk reportedly plans to lay off about half of Twitter’s workforce as part of sweeping changes since he took control of the social media company. (Jeff Chiu / Associated Press) In recent ye...
Musk Fires Employees, Trolls Critics
Elon Musk Twitter Updates: Twitter is in turmoil after Elon Musk’s takeover. He has announced job cuts in Twitter. According to reports, he’s about to fire half of Twitter’s 7,500 workforce. In a mail...
Dapper Labs Lays-off Employees as NFT and Crypto Market Tumble – crypto.news
After past reports that Dapper Labs was silently cutting down its staff, the network just today sent a public letter to employees announcing the reduction of its workforce by 22%. Dapper Labs cited th...
Bitmex to Layoff Employees a Week After CEO Takes Exit
Another top crypto exchange has decided to cut headcount a week after its CEO took an exit. Bitmex has reduced its number of employees as part of a strategy to move away from the company’s ̶...
Bankruptcy Judge Denies Celsius’ Motion to Pay Employees $3M in Retention Bonuses – At Least Temporarily
During Tuesday’s three-hour hearing, the judge did not seem to take issue with the contents of the KERP itself (which has also been approved by the unsecured creditors’ committee), but was bewildered ...
Elon Musk Pulling Employees from Tesla to Review Codebases on Twitter
There is still no idea what the new Twitter under Elon Musk will be like. Moves from Elon Musk who now calls himself the “Chief Twit” is becoming more pronounced in the newly acquired Twitter social m...
Twitter Employees Panic On Musk’s First Day As Owner
Illustration by Forbes; Photos by Taylor Hill/Getty Images; Constanza Hevia/AFP/Getty Images As the billionaire assumes ownership of Twitter, staff at the social media company are “freaking.” By Dav...
Chrysler owner Stellantis offers buyouts to some U.S. employees
The sign is seen outside of the FCA US LLC Headquarters and Technology Center as it is changed to Stellantis on January 19, 2021 in Auburn Hills, Michigan. – Newly-created European carmaker Stel...
Credit Suisse to Layoff 9,000 Employees and Raise $4 Billion
Credit Suisse plans to cut 9,000 jobs and raise $4 billion in additional capital as it faces stock price declines and fallout from significant scandals. Credit Suisse will cut 2,700 jobs by the end he...
Musk Tells Twitter Employees He Doesn’t Plan to Cut 75% Of Jobs
(Bloomberg) — Elon Musk told Twitter Inc. employees on Wednesday that he doesn’t plan to cut 75% of the staff when he takes over the company, according to people familiar with the matter. Most R...
Chinese Top Chipmaker Retaliates By Firing US Employees In Core Tech, Former CEO’s Position Remain Undecided
Chinese chipmaker Yangtze Memory Technologies Corp ousted American employees in core tech positions following the U.S. embargo on China. Several U.S. citizens and green card holders in China had alrea...