Search results: layoff

ValueAct Capital also has a reputation of an activist investor that nudges the company it invests in about how it runs.  San Francisco-based activist investor...

Before Yahoo, several multinational tech giants like Alphabet, Microsoft, Meta, and Twitter also trimmed their workforce.  American multinational tech giant Yahoo Inc is trimming its...

Additionally, the base salaries of the members of the Zoom CEO’s executive team will be reduced by 20% for the coming fiscal.  American video calling...

Dell’s year-on-year shipments in the fourth quarter of 2022 declined by 37%, analysts' reports noted.  American multinational tech major Dell has announced to slash around...

Reportedly, Innisfree has not heard back from Twitter since December 23 as it sought about $1.9 million worth of unpaid bills.  Innisfree, a U.S.-based advisory...

The premium subscribers on Spotify have increased to 205 million, as of December 31, 2022. In its earnings release, the company announced that it...

Musk acquired Twitter in October last year for $44 billion, part of which has been financed via debt.  Twitter has reportedly made its first interest payment on...

Music streaming application Spotify, on Monday, announced to let go of 6% of its workforce, adding to the ongoing layoffs in the tech sector....

Twitter has had a “massive drop” in revenue owing to pressure on advertisers from activist groups.  Twitter chief Elon Musk announced over the weekend that...

Spotify has not issued any official comment yet.  The music streaming application Spotify will likely trim down its workforce as early as this week, according...