Tag : Citigroup

2024's tech layoff wave – a continuation of last year's trend
Business

2024’s tech layoff wave – a continuation of last year’s trend

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Amidst a major industry shift, tech giants like Amazon, Google, and Duolingo are initiating large-scale layoffs. Discover the underlying reasons and implications of these workforce reductions....
Stocks edge higher as earnings season begins amid inflation data
Business

Stocks edge higher as earnings season begins amid inflation data

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Stocks see a slight uptick with the start of earnings season, as the Dow drops slightly, S&P 500 and Nasdaq gain, amidst inflation data....
Wall Street faces staffing cuts as Morgan Stanley plans to eliminate 3,000 jobs
Business

Wall Street faces staffing cuts as Morgan Stanley plans to eliminate 3,000 jobs

Admin
As the slump in Initial Public Offerings (IPOs) and mergers on Wall Street continues to deepen this year, leading advisory firms including Morgan Stanley, Bank of America, and Citigroup have resorted to job cuts. Specifically,...