In September, the company said it would lay off 28,000 people -- but that number jumped by 4,000 on Wednesday.
NY Post - 10 hours ago
The layoffs will be in the first half of 2021, the company said in a filing with the Securities and Exchange Commission.
Huffington Post - 11 hours ago
Expensify CEO David Barrett stood by his decision to urge his clients to vote for Joe Biden, saying the benefits of the controversial call to action f
Neiman Marcus plans to court shoppers with beer budgets and champagne tastes this holiday season -- inviting them to scoop up high-priced fashions fro
Penguin Random House has reached a $2.1 billion deal to acquire Simon & Schuster from ViacomCBS — a tie-up that would create a colossus distributing
Shipping giants UPS and FedEx are struggling to round up the vans they need to deliver packages amid a coronavirus-fueled surge in demand for their se
Delta Air Lines pilots voted in favor of a deal that avoids furloughs through Jan. 1, 2022 in exchange for pay cuts, a union representing the pilots s
US stocks slid Wednesday as Wall Street took a breather following a historic rally that drove the Dow Jones industrial average past the 30,000 mark fo
The chief executive of one of the nation’s largest regional health systems is leaving his job after refusing to wear a mask in the office. Sanford H
Sony promised frustrated gamers on Wednesday that more units of its impossible-to-find PlayStation5 console will arrive at stores by year’s end. “
Twitter said it will reopen applications for its famous blue checkmark verification process early next year after a more than three-year hiatus.
Some 778,000 American workers applied for unemployment benefits last week as a surge in coronavirus infections kept the labor market’s recovery unde
Nikola’s stock price plunged Wednesday after CEO Mark Russell refused to offer assurances that the electric-truck maker’s partnership with General
Barnes & Noble has concluded that a cyberattack against its computer systems last month didn’t compromise customer data — even as publishers worry
OxyContin maker Purdue Pharma formally admitted to its role in the nationwide opioid epidemic on Tuesday by pleading guilty to three criminal charges.
Elon Musk may only be the world’s second-richest man, but he arguably holds the title for world’s cheapest. The Tesla chief has given away a paltr
JPMorgan Chase has agreed to pay $250 million for risk management and other control failings in its asset and wealth management business, a US regulat
Tech - 35 minutes ago