Morgan Stanley is cutting around 50 investment banking jobs in the Asia-Pacific region due to a deals slump, sources with knowledge of the matter said. Investment bankers based in Hong Kong and ...
Financial markets had widely expected the first move to come in June, but, after the recent hot inflation readings, now sees the first cut coming in September, according to the CME FedWatch tool.
Tesla never outlined how many jobs it cut in 2022, but its employee headcount has risen from around 100,000 in late 2021 to over 140,000 in late 2023, according to SEC filings. Monday’s ...
Accenture Federal Services has agreed to purchase federal digital transformation and cloud modernization platforms provider Cognosante for an undisclosed sum. Since 2008, Cognosante has been ...
expects plenty of pushback over plans to slash about 400 jobs. At a Salem-Keizer School Board meeting Monday, they proposed percentages of employees to be cut from the various departments in order ...
Electric vehicle powerhouse Tesla is reportedly planning to cut more than 10 per cent of its global workforce – some 14,000 jobs – with CEO Elon Musk telling staff that the lay-offs “must be ...
What to know Powell hints Fed still on course to cut rates three times in 2024 despite inflation uptick Remote workers who return to the office may be getting pay raises, as salaries rise 38% ...
Accenture Federal Services has entered into an agreement to acquire Cognosante, a mission-driven provider of digital transformation and cloud modernization solutions for federal health, defense, ...
This is not the first time that Tesla has cut staff. It announced a 7% cut in staff in 2019, in a statement posted online at that time. And in trimmed about 10% of salaried staff even as it ...
Separately on Monday, it emerged that BP’s EV charging division had cut around 10pc of its workforce. BP Pulse shed about 100 jobs out of a previous total of 1,000 in the past six months ...
Separately, Reuters reported on Monday that BP had cut more than a tenth of the workforce in its electric vehicle charging business – representing more than 100 jobs – and has pulled it out of ...