Firm Management
Citigroup to Complete Sweeping Overhaul This Week After Laying Off 5,000 Employees
Citigroup has entered the final phase of an extensive overhaul to streamline its operations and enhance performance.
Adam Neumann Offers Over $500 Million Bid to Reacquire WeWork, Report Says
Adam Neumann attempted to buy back WeWork, the office-sharing company he co-founded and once valued at $47 billion before filing for bankruptcy in November.
Microsoft Appoints Company Veteran Pavan Davuluri as Head of Windows and Surface
Microsoft has appointed company veteran Pavan Davuluri to lead its Windows operating system and Surface devices teams.
McDonald's Closes Sri Lanka Stores After Agreement with Local Partner Ends Over Poor Hygiene Case
McDonald's attorney explained that the termination of the agreement with the franchisee was a result of standard compliance issues identified by the parent company.
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Samsung now wants to use its own Exynos chipsets for Galaxy smartphones. Can it really save money? People walk past the Samsung logo displayed on a glass door at the company's Seocho building in Seoul on April 28, 2022.
Don Lemon had reportedly demanded $5 million, a Tesla Cybertruck, and more from Elon Musk before the tech billionaire canceled his new show on X.
Middle managers are at risk of being laid off when companies resort to layoffs to save money. Middle managers are at risk of being laid off when companies resort to layoffs to save money.
The Warren Buffett-led conglomerate Berkshire Hathaway has increased the pay of Greg Abel, the 93-year-old billionaire's designated successor, to $20 million.
Under Armour founder Kevin Plank is taking over as CEO of the sportswear company again. Under Armour founder Kevin Plank is taking over as CEO of the sportswear company again.
The 12% increase in employee bonuses followed a year of exceptional financial performance, during which time approximately €128 million ($140 million USD) was allocated for bonuses.
With women comprising only 30% of the workforce, artificial intelligence fuels gender bias, notably in healthcare, where flawed algorithms can misdiagnose women.
United Airlines is temporarily suspending pilot hiring due to Boeing's production challenges, which affect United's operations.
Netflix is on its next significant evolution, and here are some of the most essential brains working on it.
American cloud-based software Salesforce will cut 1% of its workforce, letting go of 700 employees. (Photo : FABRICE COFFRINI/AFP via Getty Images) American cloud-based software Salesforce will cut 1% of its workforce, letting go of 700 employees.