Banking and FinanceTop StoriesUBS registers record profit beat, announces job cuts amid stock market highsGBO CorrespondentSeptember 7, 2023September 7, 2023 GBO CorrespondentSeptember 7, 2023September 7, 2023 UBS said that the result primarily reflected USD 28.93 billion in negative...
TechnologyTop StoriesMeta to reduce staff bonus payouts as new cost-cutting measureGBO CorrespondentApril 6, 2023April 6, 2023 GBO CorrespondentApril 6, 2023April 6, 2023 Recently, Meta Founder and CEO Mark Zuckerberg declared to sack additional 10,000...
EconomyTop StoriesLayoffs 2023: US continues to bleed as 21,000 techies get the axe in FebruaryGBO CorrespondentMarch 21, 2023March 21, 2023 GBO CorrespondentMarch 21, 2023March 21, 2023 Layoffs are often the final step in a company's cost-cutting strategy if...
MarketsTop StoriesLaid-off techies find jobs in small firms, but with pay cutsGBO CorrespondentMarch 9, 2023March 9, 2023 GBO CorrespondentMarch 9, 2023March 9, 2023 Talking about the tech sector layoffs, most companies have already promised to...
TechnologyTop StoriesNetflix lays off 300 employees in the second roundGBO CorrespondentJune 27, 2022 GBO CorrespondentJune 27, 2022 It is expected that in the current quarter, Netflix will lose around...
EconomyTop StoriesCazoo to cut 750 jobs in UK & Europe amidst recession fearsGBO CorrespondentJune 10, 2022 GBO CorrespondentJune 10, 2022 The company said business restructuring is necessary to protect earnings during difficult...