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Biogen to Cut Roughly 11% of Workforce
Business

Biogen to Cut Roughly 11% of Workforce

The biotech cited the launch of Alzheimer’s drug Leqembi as part of its new focus on big-return products. Source link

Hungry exchanges fight for slice of American pie By Reuters
Stock Market

Crypto firm Circle to cut workforce, focus on core activities By Reuters

© Reuters. Circle logo is seen in this illustration taken March 31, 2023. REUTERS/Dado Ruvic/Illustration/File Photo (Reuters) – Circle said on Wednesday it has reduced

Payoneer cuts 9% of its workforce; Goldman reflects positively on strategy
Stock Market

Payoneer cuts 9% of its workforce; Goldman reflects positively on strategy By Investing.com

© Rafael Henrique / SOPA Images/Si via Reuters Connect Payoneer (PAYO) cuts 9% of its workforce; Goldman reflects positively on strategy Payoneer Global Inc (NASDAQ:)

Virgin Orbit to Cut Workforce by 85%
Business

Virgin Orbit to Cut Workforce by 85%

The satellite-launch company is cutting expenses after failing to secure meaningful funding. Source link

Freeport-McMoRan (FCX) Declares $0.08 Dividend
Business

Virgin Orbit To Reduce About 85% Of Workforce

(RTTNews) – Virgin Orbit Holdings Inc. (VORB) disclosed in a regulatory filing on Thursday that it will reduce its workforce by about 675 employees, about

Freeport-McMoRan (FCX) Declares $0.08 Dividend
Stock Market

Electronic Arts (EA) is Set to Lay Off 6% of Its Workforce

Electronic Arts EA recently announced that it is planning to cut its workforce by 6% and reduce office space. This is the first major video

Roku stock gains on plans to cut 200 jobs, 6% of workforce
Stock Market

Roku stock gains on plans to cut 200 jobs, 6% of workforce By Investing.com

© Reuters Roku (ROKU) stock gains on plans to cut 200 jobs, 6% of workforce By Senad Karaahmetovic Shares of Roku (NASDAQ:) are trading over

Electronic Arts Says It Is Laying Off 6% of Workforce
Business

Electronic Arts Says It Is Laying Off 6% of Workforce

The company is also reducing its office-space footprint to focus its spending on the best growth opportunities in the videogame industry. Source link

Warner Music Group to Cut 4% of Workforce
Business

Warner Music Group to Cut 4% of Workforce

The label behind Ed Sheeran and Madonna will eliminate 270 jobs as it repositions toward growth in technology. Source link

EV Startup Lucid Cuts 18% of Workforce, Including Some Executives
Business

EV Startup Lucid Cuts 18% of Workforce, Including Some Executives

The maker of high-end electric cars plans to lay off about 1,300 employees. Source link