FinanceTop StoriesGoldman Sachs to layoff up to 1,800 employees despite registering strong profitsGBO CorrespondentSeptember 4, 2024September 4, 2024 GBO CorrespondentSeptember 4, 2024September 4, 2024 Goldman Sachs reported second-quarter profit in July 2024 that more than doubled...
TechnologyTop StoriesMark Zuckerberg comes back into billionaires’ club after solid Meta results, layoffsGBO CorrespondentMay 4, 2023 GBO CorrespondentMay 4, 2023 Mark Zuckerberg is the 12th wealthiest person globally, with an estimated net...
MarketsTop Stories‘Will continue to evaluate,’ says Amazon CEO on layoffs as company registers strong growthGBO CorrespondentMay 1, 2023May 2, 2023 GBO CorrespondentMay 1, 2023May 2, 2023 Amazon CEO Andy Jassy said while the company has taken several actions...
TechnologyTop StoriesRoku cuts 200 more workers, 6% of its workforceGBO CorrespondentApril 4, 2023 GBO CorrespondentApril 4, 2023 Roku stated in November 2022 that 200 US employees, or around 7%...
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...
TechnologyTop StoriesWill Uber join the layoff phenomenon? CEO Dara Khosrowshahi answersGBO CorrespondentDecember 5, 2022 GBO CorrespondentDecember 5, 2022 Dara Khosrowshahi said that Uber will be taking a conservative stance on...
TechnologyTop StoriesAmazon’s Alexa no more hit among consumers?GBO CorrespondentNovember 30, 2022 GBO CorrespondentNovember 30, 2022 While Alexa and other Amazon gadgets are incurring losses for the tech...
TechnologyTop StoriesAmazon mass layoffs: All you need to knowGBO CorrespondentNovember 21, 2022 GBO CorrespondentNovember 21, 2022 This week Amazon intended to fire roughly 10,000 workers in corporate and...