(Reuters) -Peloton Interactive forecast 2026 revenue above estimates and said it would cut 6% of its global workforce to boost cost savings under an ongoing turnaround effort, sending the exercise ...

Moderna to cut more than 800 jobs this year as it burns through cash Former COVID-vaccine darling announces job cuts a day before quarterly results are set for release.

Stanford University plans to cut 363 jobs this fall, starting at the end of September, due to financial challenges driven by federal policy changes, the San Francisco Chronicle reported.

Layoffs have hit companies from Oracle to Meta to Intel this year amid a backdrop of cost-cutting and technological change.

Along with its financial results for the second quarter of 2025, Merck revealed a restructuring plan to save $3 billion by the end of 2027.

Last week’s surprisingly poor jobs report and massive downward revisions to previous months’ data have spurred renewed pressure on the Fed to cut rates.

The recent surprisingly poor jobs report and massive downward revisions to previous months’ data will increase pressure on the Federal Reserve to cut interest rates to give the economy a boost ...

Commonwealth Bank of Australia confirmed on Tuesday it is cutting 45 jobs as part of a shift toward using artificial intelligence to handle certain tasks, prompting a union to accuse the bank of ...

Weak Jobs Report Raises Chances of a September Interest Rate Cut The Federal Reserve held rates steady in July but two governors dissented, saying they had concerns about labor market fragility.

Moderna to cut more than 800 jobs this year as it burns through cash Provided by Dow Jones Jul 31, 2025, 11:54:00 AM ...