Tag: job cuts

Barclays Is Scaling Back In Asia, Slashing Jobs

Barclays Is Scaling Back In Asia, Slashing Jobs

Under its new chief executive, James E. Staley, Barclays is set to scale back its operations throughout Asia while completely divesting itself of a physical presence in numerous countries in a move that could see 1,200 jobs being cut in […]

SolarCity Corp To Eliminate 550 Jobs In Nevada

SolarCity Corp To Eliminate 550 Jobs In Nevada

SolarCity decided to eliminate 550 jobs in Nevada after Governor Brian Sandoval approved the new net metering rate proposed by the state’s Public Utilities Commission (PUC). According to the company, it will try to relocate the affected employees to business-friendly […]

Twitter Inc To Cut 336 Jobs; Stock Surges

Twitter Inc To Cut 336 Jobs; Stock Surges

The shares of Twitter are trading higher after announcing its decision to cut 336 jobs as CEO Jack Dorsey leads the social media company to a path towards a stronger growth. The stock price of Twitter climbed nearly 6% to $30.42 per […]

Groupon Inc To Cut 1,100 Jobs Globally; Shares Tank

Groupon Inc To Cut 1,100 Jobs Globally; Shares Tank

The shares of Groupon were trading lower today after disclosing its restructuring initiatives related to its international operations. Based on its regulatory filing with the Securities and Exchange Commission (SEC), the board of directors of Groupon, approved the overall reduction of its […]