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Tag: cut staff

Cooling Demand Squeezes Factory Activity in Europe and Asia

Factories in Europe and Asia struggled in November due to weakening global demand, with the pressure unlikely to let up in the months ahead.Business...

UK government drops ‘legal but harmful’ clause from new online law

The UK government is scrapping controversial powers to force internet companies to take down “legal but harmful” content, following a backlash from the tech...

Crypto Lender BlockFi Filing for Bankruptcy and Conducting Major Layoffs as FTX Contagion Claims Another: Source

The FTX contagion has just claimed another crypto firm.BlockFi will file for Chapter 11 bankruptcy protection later today, a source at the company tells...

HP to Cut up to 6,000 Jobs Amid PC Sales Drop

HP, once the world's largest personal computer (PC) maker, said it plans to cut between 4,000 and 6,000 jobs by the end of its...

Babylon performance after float a ‘disaster’, chief says

The chief executive of Babylon, the British healthcare service that soared in popularity during the pandemic, has described the company’s stock market performance since...

Compass BTC Mining Company To Cut Staff By 15%

Compass BTC mining company will cut staff by 15% and the downsizing is a sign that the company fails to pay its bills so...

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