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The Downtown skyline is visible behind the Indeed Tower on Sunday, July 16, 2023 in Austin. The Austin-based job search company Indeed cut 2,200 jobs in early 2023.
Flex Ltd. [2] (previously known as Flextronics International Ltd. or Flextronics) is a Singapore-domiciled multinational manufacturing company. It is the third [ 3 ] largest global electronics manufacturing services (EMS), original design manufacturer (ODM) company by revenue, behind only Pegatron for what concerns original equipment manufacturers.
A WARN notice filed on May 7 details layoffs from Austin-based gaming company Arkane Studios where 96 employees no longer have jobs.. The company, which is owned by tech and gaming giant Microsoft ...
DOGE has been linked to Trump's campaign promises to reduce federal spending, the size and influence of the federal government, and the federal fiscal deficit. [13] Musk was the largest donor in the 2024 United States presidential election, spending over US$290 million in support of Trump and other Republicans, primarily in the final five weeks of the campaign.
In September, Flextronics was assembling 100,000 units of the Moto X every week at its Texas facility. Also, Motorola management had stated that Flextronics is capable of assembling "tens of ...
The luxury chain filed for Chapter 11 bankruptcy in the Southern Court of Texas in May 2020. [225] New York & Company shuttered all of its stores by late summer 2020 as a result of its parent company, RTW Retailwinds, filing for bankruptcy. [226] In October 2020, its remaining assets were sold to New York investment company Saadia Group. [227]
More than 1,000 employees at the Department of Veterans Affairs were fired amid the Trump administration's broad layoffs last week. Fired VA health workers reinstated, but new staff don't trust ...
Flextronics International (NAS: FLEX) carries $193.7 million of goodwill and other intangibles on its balance sheet. Sometimes goodwill, especially when it's excessive, can foreshadow problems ...