Education Images/Universal Images Group via Getty Images Key takeaways 3M posted lower-than-expected revenue for the fourth quarter of 2022 The company is cutting approximately 2,500 jobs 3M stock pri...
Tag: job-cuts
Jobless Claims Fall Despite Layoffs And Inflation
| Getty Images Key Takeaways Despite constant fears of high inflation and news of layoffs, the October jobs report announced that 261,000 non-farm jobs were added. The Fed has been watching the labor ...
Fintech layoffs mount as October marks 6 months of crypto downturn
After the Terra-Luna collapse sent crypto prices tumbling in May, many firms trimmed substantial parts of their workforce to stabilize their businesses. In June, for example, Coinbase laid off aroun...
Amber Group cuts staff by 10%: Bloomberg
Singapore-based digital asset company Amber Group recently reduced staff, citing bearish cryptocurrency market conditions. As headcount adjustments occur on a quarterly basis, this year approximately ...