News

Brown-Forman said on Tuesday it will lay off about 12% of its global workforce of 5,400 employees, as the Jack Daniel's maker looks to reduce costs amid weak alcohol demand....

Yardi Systems is expanding further into the flexible workspace industry with the acquisition of two key booking platforms: Deskpass (U.S.) and Hubble (U.K.).  The acquisition will strengthen Yardi’s technology services...

Meta Platforms will trim about 5% of its "lowest performers" and plans to hire for the impacted roles this year, a company spokesperson said on Tuesday. CEO Mark Zuckerberg has...

WeWork India has successfully raised ₹500 crore (approximately US$57.7 million) through a rights issue, bolstering its financial position as the company continues to expand its footprint in the country.  The...

President Joe Biden signed an executive order on Tuesday to provide federal support to address massive energy needs for fast-growing advanced artificial intelligence data centers, the White House said. The...

Chinese officials are in preliminary talks about a potential option to sell TikTok's operations in the United States to billionaire Elon Musk, should the short-video app be unable to avoid...

CBRE Group, Inc. has reached a deal to acquire Industrious, a leader in flexible workplace solutions. The acquisition, set to close later this month, will create a new CBRE segment...

U.S. bank JPMorgan Chase on Friday asked its employees who are on hybrid work schedules to return to the office five days a week starting in March, an internal memo...

Facebook owner Meta Platforms and Amazon.com are winding down diversity programs ahead of Republican Donald Trump's return to the U.S. presidency as conservative opposition to such initiatives grows louder. Some...

Canada's economy added nearly four times the number of jobs forecasted for December and reached its highest number in almost two years, shrinking bets for a rate cut later this...