Xylem Cutting Jobs as Part of Restructuring Plan
Xylem plans job cuts across all of its business and functions as part of a restructuring plan to streamline its organization.
Amazon’s latest job cuts impact corporate communications and sustainability employees
Two of Amazon's Seattle headquarters towers rise above the Spheres. (GeekWire File Photo /) Amazon laid off employees in its ...
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HSBC's global brand in the balance as it doubles down on Asia bet
HSBC's European and U.S. ECM and M&A businesses collectively likely only accounted for 19% of the lender's overall investment banking revenue and just 0.3% of total group revenue, analysts at Citigrou ...
DEI Under Fire: Trump Eliminates Military Diversity Programs—Here’s A List Of Major Organizations Dropping DEI
Following Trump's lead, organizations including Walmart, Lowe’s and Meta, have announced they would scale back their ...
What brokerages expect from India’s union budget on Feb. 1
India's benchmark indexes have fallen about 7% since the government's last budget announcement on July 23, 2024, on concerns ...
Income Tax Cuts, Consumption Boost: Brokerages' Key Expectations From Budget 2025
Finance Minister Nirmala Sitharaman is expected to focus on stimulating economic growth in next month's budget through ...
Adidas to cut up to 500 jobs after posting better-than-expected holiday profits
The layoffs will affect employees at Adidas’ headquarters in Herzogenaurach, Germany, and represent nearly 9% of the 5,800 ...
Stripe cuts 300 jobs in product, engineering and operations
In 2022, Stripe cut roughly 1,100 jobs, or 14% of its workers, downsizing alongside most of the tech industry, as soaring ...
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Citigroup Inc
as a part of the sweeping reorganization under Chief Executive Officer Jane Fraser to cut costs. Citigroup axes more jobs as part of ongoing cost-cutting plan Bank of America's profit beat ...
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Softer Reading on Core Inflation Revives Bets on Rate Cuts
In afternoon trading, fed-fund futures showed that traders saw a 16% chance that the Fed doesn’t cut rates at all in 2025, according to CME Group data, down from 26% Tuesday. The chances of more ...
Citigroup Eliminated More Jobs This Week. Here's Which Roles Were Affected.
Citigroup is cutting certain roles as part of a broader corporate restructuring to eliminate tens of thousands of jobs by ...
Citigroup Slashes Jobs as Cost-Cutting Continues
Citigroup is cutting more jobs this week after going through an overhaul last year, a spokesperson for the lender said on Thursday, as a part of the sweeping reorganization under Chief Executive ...