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Barnes & Noble Shares Soar After Investor Discusses Sale with Founder
07 Sep, 2018
Under Armour to Cut 3% of Workforce, Shares Jump
Under Armour Inc. (NYSE: UAA) said on Thursday that its restructuring program will now cost more than it previously expected: It plans to cut about 400 jobs, or about 3% of its global workforce, by March.Under Armour shares jumped nearly 7% in midda..
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Tesla cuts 9% of its workforce for profit
Tesla Inc (NASDAQ: TSLA) CEO Elon Musk, in an email to employees, wrote “Tesla has grown and evolved rapidly over the past several years, which has resulted in some duplication of roles and some job functions that, while they made sense in th..
Eli Lilly to Cut 3,500 Jobs
Drug making company Eli Lilly & Co. (NYSE:LLY)is planning on cutting 8.5% of their workforce and wants to close some facilities as the company is struggling with cost on some of their biggest products.The company has about 41,000 employees ..
Infosys Planned to Hire 2,000 US workers in North Carolina by 2021
On Thursday, Infosys Ltd (NYSE: INFY), the India-based information technology outsourcing company, announced its plan to hire 2000 US workers in North Carolina by 2021. The company also said that it will hire 500 workers in North Carolina within two..
Microsoft Plans to Reorganize its Sales Force
Microsoft Corporation (NASDAQ: MSFT) plans to reorganize its global sales force to focus on cloud services, which may result in thousands of employee layoffs, according to a report at TechCrunch.A restructuring announcement may come as soon as this ..
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