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01 Apr, 2020
General Motors Expected to Decrease Production and Cut Workforce
General Motors Co (NYSE:GM) is looking to make significant moves to reconstruct its motive and direction. The Company will cut car production, terminate sale of several low-selling cars, and reduce its North American workforce.General Motors intend ..
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Amazon Introduces Amazon Key
Amazon.com, Inc.’s (NASDAQ: AMZN) new system called Amazon Key will have the ability to drop off packages directly into shoppers’ homes where users can use a lock and camera controls to allow delivery associates to bring in goods in..
Boeing to Layoff Workers at North Charleston Plant
Boeing Co. (NYSE: BA) announced that the North Charleston plant will be cutting its workforce. The airplane manufacturer be cutting “fewer than 200 people” at the 787 Dreamliner campus and other facilities in the city, according to ..
Gymboree to Close Up to 450 Stores, Filing for Bankruptcy
The Gymboree Corporation (NASDAQ: GYMB), a Kids’ clothing retailer, filed for a Chapter 11 bankruptcy reorganization to reduce its debts. The company also announced to close stores in respond to the pressure on retailers.Gymboree was foun..
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