Tag: job cuts

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Twitter Inc To Cut 300 More Jobs This Week [REPORT]

Twitter is considering slashing its workforce 8% further or about 300 employees, reported Bloomberg on Monday, citing people familiar with the matter. The company will report its third quarter earnings on Thursday and might announce the job cuts before that. […]

Theranos Sued By Investor

Theranos Sued By Investor

Theranos Sued By Investor by PitchBook Theranos is the target of a lawsuit filed by a hedge fund that invested $96 million in the startup, per The Wall Street Journal. The Partner Fund Management suit alleges, among other things, that […]

Why Did Microsoft Cut Over Two Thousand Jobs?

Why Did Microsoft Cut Over Two Thousand Jobs?

To remain profitable, large businesses sometimes have to make tough decisions that impact thousands of people. That’s the situation tech giant Microsoft finds itself in right now. In late July, the company revealed it would lay off nearly 3,000 employees […]