Tag: Business

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 ...

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 ...

A High Court judge has ruled in favor of WeWork in the first phase of its legal dispute with property developer Almacantar over its flagship London location, according to CoStar.  ...

The Washington Post said on Tuesday it would lay off about 4% of its workforce or less than 100 employees in a bid to cut costs, as the storied newspaper ...

Microsoft is set to implement job cuts soon, with a particular focus on employees whose performance does not meet the company’s high standards.  The company had already cut 10,000 jobs ...

WPP, the FTSE 100 advertising giant, has announced a new policy requiring employees to work in the office at least four days a week starting in April. The unexpected announcement ...

U.S. job openings unexpectedly increased in November, but a softening in hiring pointed to a slowing labor market. Job openings, a measure of labor demand, rose 259,000 to 8.098 million ...