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German publishing giant Axel Springer SE acquired a majority stake in Insider in 2015 and retired the "Business Insider" name in 2021 as it looked to expand coverage. Business Insider to lay off ...
Bridgewater Associates cut 7% of its staff in January in an effort to stay lean, a person familiar with the matter told Business Insider. The layoffs at the world's largest hedge fund bring its ...
A quality-control crisis and seven-week labor strike have led to layoffs, ... told Business Insider that United's advantageous hub structure and hundreds of incoming narrow-body aircraft helped ...
Business Insider (stylized in all caps: BUSINESS INSIDER; [1] known from 2021 to 2023 as INSIDER) [1] is a New York City–based multinational financial and business news website founded in 2007. Since 2015, a majority stake in Business Insider ' s parent company Insider Inc. has been owned by the international publishing house Axel Springer .
Bloom told Business Insider that requiring employees to work in the office five days a week could be a "backdoor layoff" strategy — a move sometimes used by employers to reduce head count ...
In the world of business, fewer workers often translate into higher profits. Other tech leaders, inspired by Musk , were quick to follow suit: Last year the industry laid off more than 250,000 ...
Since 2017, the phrase is frequently applied to brick-and-mortar closures in retail, with the retail apocalypse creating a domino effect on manufacturers and suppliers; Hasbro, for example, cited the loss of the Toys "R" Us chain as a major cause for lost revenue and layoffs the company imposed in October 2018. [20]
Firms announced 55,597 layoffs last month, down 23.7% from the 72,821 announced in September, outplacement firm Challenger, Gray and Christmas said. Layoffs would have been even lower last month ...