Firm Management

SunPower Announces Mass Layoff As It Ceases Residential Installations

SunPower Announces Mass Layoff as it Ceases Residential Installations

SunPower announced a mass layoff that would affect thousands of employees as it ceases residential installations.


JD Sports to Acquire US Retailer Hibbett for $1.08 Billion Amid Expansion

JD Sports, the UK's largest sportswear retailer, plans to buy Hibbett shares at $87.50 each in cash.

JetBlue Ex-CEO Robin Hayes Appointed to Head Airbus’s North American Division

Robin Hayes, former CEO of JetBlue, will now serve as the head of Airbus' North American operations.

Elon Musk Delays India Visit Due to Tesla Commitments; Still Aims to Visit This Year

The planned visit, initially set for the upcoming week, was eagerly awaited and anticipated to involve vital talks concerning Tesla's entry into the Indian market.


Latest News

Google Confirms More Layoffs, Relocations as Part of Finance Team Restructuring Amid AI Shift
The finance team of Google is undergoing restructuring, which will include layoffs and relocations, as the company shifts its focus towards investments in AI.
US-TECHNOLOGY-INTERNET-GAMES-GTA
Take-Two Interactive claimed in a filing that it is reducing development projects and workers to reorganize its business.
Adidas to Sell Remaining Kanye West's Yeezy Shoes This Year — And Make Them More Affordable
Adidas has rebounded after it severed ties with Kanye West, now projecting profits of €700 million (£598 million) for 2024.
SINGAPORE
By December, all Singaporean enterprises must set up an avenue for workers to request flexible work under the new tripartite rules.
Elon Musk Proposes to Charge New X Users to Post, Interact With Others, in Attempt to Combat Fake Accounts
Elon Musk is once again making changes to the guidelines for his social media platform X. X (formerly Twitter) CEO Elon Musk attends a symposium on "Antisemitism Online" during the European Jewish Association conference in Krakow, on January 22, 2024.
Marvel Studios
The affected individuals include lower-level production and development staff at Marvel Studios in Burbank, and employees in the Marvel Entertainment division in New York.
Possibility space
The abrupt shutdown surprised employees, leading to an outpouring of frustration on social media as they coped with their sudden job losses.
Boeing 787 Dreamliner Takes First Test Flight
During a media briefing, Boeing outlined rigorous 787 Dreamliner stress tests, equivalent to 165,000 flight cycles.
trader joe's
As per the report, Amazon's objective was to replicate the top 200 products from Trader Joe's, a difficult task given the grocer's careful management of its data.
American Companies Are Exploring 4-Day Workweek Setup; Is It Really Possible?
Many companies in the United States are reportedly exploring the 4-day workweek option. But, is the proposed new norm possible for all industries?
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