While the company has not disclosed the exact number of affected employees, a Wall Street Journal report indicates…
Tag: Business & Economy News
Thousands set to lose jobs as ‘Big Four’ announce job cuts one after another
Deloitte became the second among the Big Four financial consulting giants to announce job cuts on…
Buzzfeed is shutting down newsroom, overall staff to be cut down by 15%
BuzzFeed announced Thursday that it was shutting its news division. The company said the move is…
‘Big Four’ hiring decline: Ernst & Young blames ‘overcapacity’ for 3,000 job cuts
Ernst & Young told its workforce that it will cut 3,000 jobs in the United States. The…
Russian rouble hits a one-year low as Ukraine war-induced sanctions begin to pinch
Russia’s currency rouble hit its lowest level since April last year on Thursday after reports suggested…
Samsung to cut chip production after 14-year low profit
Samsung, one of the biggest electronics brands in the world, is now struggling to handle its…
Lawsuits after Lawsuits! Elon Musk’s Twitter accused of committing illegal layoffs
Elon Musk’s Twitter has been accused of illegally laying off contract workers without notice, in the…
Saudi Arabia, OPEC+ members announce oil production cuts by over a million bpd
In a series of public statements, on Sunday (April 2), Saudi Arabia and other OPEC+ members…
