Tag: Business

Spirit Airlines is cutting approximately 200 jobs as part of its ongoing efforts to reduce costs following its Chapter 11 bankruptcy filing in November. The job cuts, which affect non-union ...

U.K. CFOs report falling optimism, with a focus on cost-cutting and risk aversion for 2025.

Two-thirds of Japanese companies are experiencing a serious business impact from a shortage of workers, a Reuters survey showed on Thursday, as the country's population continues to shrink and age ...

Microsoft has laid off employees in several departments, including security, sales, experiences and devices, and gaming, according to Business Insider. A Microsoft spokesperson confirmed the layoffs but described them as ...

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 ...

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 ...