Firm Management

TikTok Shop-Tokopedia Merger Could Leave Thousands of Employees Jobless; Almost 500 Already Terminated

TikTok Shop-Tokopedia Merger Could Leave Thousands of Employees Jobless; Almost 500 Already Terminated

The TikTok Shop-Tokopedia merger in Indonesia could leave thousands of employees jobless. ByteDance has already begun terminating hundreds of staff.


OpenAI Welcomes New Top Executives, Announces Partnership With Apple

OpenAI is thrilled to introduce new senior executives and an Apple collaboration. The logo of US artificial intelligence company OpenAI is pictured during a talk by its co-founders at the campus of Tel Aviv University in Tel Aviv on June 5, 2023.

1 in 4 Companies With Return-to-Work Policies Plan to Increase in-Office Days in 2025, Survey Reveals

A recent poll shows that the risk of losing employees may not be enough to prevent many companies from implementing stricter in-office mandates.

Synapse Bankruptcy Update: Trustee Claims $85M of Customer Savings Missing

Synapse bankruptcy trustee revealed that $85 million in customer savings are missing. Will access to them be restored?


Latest News

Goodwill Cuts 136 Jobs as it Closes Milwaukee Laundry, Linen Services Site
Goodwill announced the permanent closure of its Milwaukee commercial laundry and linen services facility, which also meant the redundancy of 136 jobs there.
Google's Privacy Chief Keith Enright Is Leaving the Company After 13 Years
Google's chief privacy officer, Keith Enright, is leaving the company after 13 years. Google's chief privacy officer, Keith Enright, is set to leave the company this fall after a 13-year tenure.
Elon Musk's Potential 'Business Transaction' With Tesla Director Raises Concerns on Independence of Board's 'Special Committee'
Joe Gebbia, a Tesla director, revealed that he was considering selling a house from his start-up, Samara, to Tesla CEO Elon Musk, according to a report.
Microsoft Confirms Mixed Reality Layoffs Despite Still Selling HoloLens Headsets
Microsoft announced that it was cutting some of the jobs at its augmented reality department in its constant restructuring and shift from AR to artificial intelligence.
‘Just Cause’ Developer Avalanche Closes 2 Studios, Cuts 50 Jobs
Avalanche Studios Group, the developers of the game franchise “Just Cause,” announced that they would be closing down its New York and Montreal studios and letting go of 50 of its staff.
Executive Editor of the Washington Post Sally Buzbee
Sally Buzbee resigned as executive editor of the Washington Post after three years at the publication.
Twitch Terminates Safety Advisory Council Contracts, Expands Role to Ambassadors
Twitch has terminated the contracts of its current Safety Advisory Council members and will expand the council's membership to include approximately 180 ambassadors from its ambassador program.
American Airlines Shares Drop—Is CCO Departure To Blame?
American Airlines shares drastically dropped. Is the departure of its CCO to blame? Here are the latest details you need to know.
News Corp Australia Begins Restructuring After Signing Deal with OpenAI
News Corporation’s Australian division began purging its middle management staff as a result of the deal it struck with OpenAI.
American Airlines
American Airlines cut its second-quarter revenue forecasts and announced chief commercial officer Vasu Raja's departure.
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