Firm Management

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.

Stellantis Uses 'Mandatory' Remote Work Day To Slash 400 US Salaried Workers Through 'Mass Firing' Call

Stellantis informed the affected workers of the mass lay-offs during a 'mandatory remote work day,' and attributed it to challenging market conditions.


Latest News

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.
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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.
Amazon Layoffs: More Than 180 Employees in Games Division Axed
Amazon has cut more than 180 jobs in its Amazon Games division as part of reshaping its presence in the gaming industry.
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