Wells Fargo lays off at least 500 mortgage bankers amid strategy shift: Report
Adding to thousands of job cuts last year, Wells Fargo & Co. cut hundreds of jobs in its mortgage unit...
Amazon employees urge CEO Andy Jassy to revert return-to-office mandate
According to a report by CNBC, Amazon employees are requesting CEO Andy Jassy to reconsider a new return-to-work policy. Starting...
Edtech startup Camp K12 sacks 70% of staff: Report
Camp K12, an Edtech startup is the most recent online learning company to layoff its workforce as students return to...
U.S. Supreme Court raises doubts about suit against Twitter over Istanbul massacre
On Wednesday, the US Supreme Court is set to hear for a second consecutive day a bid to charge Internet...
Elon Musk hasn’t taken a salary from Tesla since 2019, and last time he did, it was minimum wage
As the electric automaker Tesla grapples to recover from plummeting share value, reports are out that CEO Elon Musk is...
Toyota accepts union demands for biggest wage hike in two decades
It was reported in January that Japan’s inflation reportedly jumped to a 41-year high. With increasing consumer prices, the country's...
FreshToHome raises $104 million led by Amazon’s Smbhav Venture Fund
The Bengaluru-based fresh fish and meat retail giant, FreshToHome, raised $104 million in a Series D funding round, which made...
$3.7 bln UK mass action against Facebook over market dominance rejected – for now
On Monday, Meta subsidiary and social media platform Facebook temporarily fought off a collective lawsuit valued at 3 billion pounds...
Vietnam shoe-maker for Nike, Adidas to cut 6,000 jobs
According to local authorities, one of Vietnam's largest shoe manufacturers for big brands such as Nike and Adidas will lay...
Chinese Telecom Equipment Maker ZTE Begins Layoffs Across Departments: Report
ZTE, a well-known Chinese telecom equipment provider, has allegedly started layoffs across departments, including wireless research institutes, terminals and other...