MicroStrategy cut 20% of its workforce as it doubled its bitcoin holdings in 2024, spending $22.1 billion on cryptocurrency while shedding 400 jobs across key departments....
Tag : layoffs
BP announced plans to cut 4,700 jobs and 3,000 contractor roles in 2025 as part of a strategy to save $2 billion by 2026, citing market challenges and profit pressures....
Ebay's Web3 division cuts 30% of its workforce, raising doubts about its commitment to Web3. Departure of key personnel adds to uncertainty....
Snap Inc. reveals plans to cut 10% of its workforce, affecting 500 positions, in a move to encourage in-person collaboration....
Microsoft achieves $3 trillion market value, second only to Apple, with a stock price at $404.87 per share, boosted by AI and tech....
Unity Software, a gaming technology company, announced the termination of 1,800 jobs, representing 25% of its workforce....
As the year 2023 drew to a close, many had anticipated it would be marked by economic turmoil and recession fears. However, it defied expectations and emerged as a year of remarkable resilience for the...
One of Vietnam’s leading shoe manufacturers, catering to brands like Nike Inc and Adidas AG, announced plans to lay off thousands of employees due to a significant drop in orders. PouYuen Vietnam Co, a subsidiary...
Shopify has announced plans to reduce its workforce by 20%, impacting over 2,000 employees, and has agreed to sell its logistics business to Flexport in exchange for approximately 13% equity. This news comes about 10...
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,...