When a company announces it is eliminating hundreds of jobs, stock prices do not always go up. At Coinbase Global, they did. The cryptocurrency exchange saw its shares climb more than 4% in premarket ...

Wegovy-maker Novo Nordisk will cut 9,000 jobs, or about 11.5% of its workforce, in a restructuring to save $1.26 billion annually, it said on Wednesday, as it battles rising pressure from US rival Eli ...

Procter & Gamble plans to cut 7,000 jobs and potentially sell off some brands due to slow global sales. P&G's baby care and skin & personal care units have experienced shrinking or flat sales, ...

Layoffs are hitting employees in the tech industry again. This time, it’s Webflow, a website-building platform that was once seen as a fast-growing Silicon Vall ...

(Reuters) -Newmont's restructuring following the acquisition of Australian miner Newcrest has impacted 16% of the company's workforce, according to an internal memo to staff seen by Reuters. The ...

(Reuters) –Starbucks said on Thursday it would shutter underperforming stores in North America and cut 900 jobs in a $1 billion restructuring effort, as CEO Brian Niccol presses ahead with his plan to ...

Cisco said on Wednesday it would cut nearly 4,000 jobs, as part of a restructuring aimed at shifting investment toward artificial intelligence and related growth areas, and raised its annual revenue ...

Meta plans to cut nearly 8,000 jobs as employees raise concerns over AI-driven restructuring, workplace monitoring software, ...

ZoomInfo beat Q1 earnings but cut full-year revenue guidance by 62 million dollars, announced a 600-job restructuring (20 per cent of headcount), and lost 29 per cent of its stock price as AI-native ...

Dogged by bankruptcy speculation, Men’s Wearhouse parent Tailored Brands is hoping to stave off total collapse by slashing 20 percent of corporate jobs and closing as many as 500 stores in a sweeping ...