Verizon Communications is reiterated as a Buy, supported by the cheap valuations and 6.81% dividend yield. Click here to read ...

The company said, “Strategic priorities for the coming months: Rigorously prioritizing growth opportunities: Clear focus on allocating capital in a rational, data-based, and unbiased way, supporting ...

Interpublic Group has reduced its global workforce by 2400 employees, or about 4.5 per cent, since January as it prepares to be taken over by Omnicom. According to its SEC stock market filing for the ...

Klarna CEO Sebastian Siemiatkowski told CNBC his company has shrunk its workforce by about 40%, in part due to its investments in artificial intelligence. He also attributed the headcount reduction to ...

Gift Article 10 Remaining As a subscriber, you have 10 articles to gift each month. Gifting allows recipients to access the article for free. Southfield-based automotive seating supplier Lear Corp. is ...

Alcatel-Lucent announced an additional global headcount reduction of around 5,000 people. The company said it is exiting or restructuring unprofitable Managed Services contracts with associated ...

(Corrects paragraph 3-4 to say 20% reduction in German headcount refers to the headquarters and G&A functions (not the whole group). Corrects total headcount reduction in Germany to 14%) (Reuters) ...

The 2026 deadline for cost savings is creating a collision course. Ninety percent of marketing leaders expect workforce ...

On Feb. 26, President Donald Trump released his Department of Government Efficiency initiative. Elon Musk, Trump’s appointed head of DOGE, has made widespread cost cuts to federal agencies by ...

Lionsgate was hit with layoffs on Thursday as 50 staffers, or approximately 5% of its workforce, were let go. The company had endured layoffs earlier this year as 5% of workers were notified their ...

Some 900 companies have announced layoffs through March of this year, according to stats from software company Intellizence. Ranging in every sector, and with the tech industry leading the way, one ...

Klarna CEO Sebastian Siemiatkowski said the company has managed to shrink its headcount by about 40%, in part due to investments in artificial intelligence and natural attrition in its workforce. "The ...