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Spotify to cut 1,500 jobs in third layoff round this year
It laid off 600 employees in January, 200 staff in June CEO says debated making smaller reductions in 2024, 2025 ...
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Siemens Energy reviews wind unit set-up after $5 billion loss
[1/3]Siemens Energy CEO Christian Bruch addresses the annual results press conference in Munich, Germany, November 15, 2023. REUTERS/Leo Simon Acquire ...
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Western Digital to split flash memory unit, refinance debt
The logo of Western Digital Corporation is displayed at the company’s headquarters in Tokyo, Japan, May 27, 2019. REUTERS/Yoshiyasu Shida/File ...
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China Evergrande granted final reprieve as winding-up hearing adjourned
An Evergrande sign is seen near residential buildings at an Evergrande residential complex in Beijing, China September 27, 2023. REUTERS/Florence ...
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Google-parent Alphabet’s cloud division misses revenue estimates, as Microsoft’s cloud booms
Oct 24 (Reuters) – Google-parent Alphabet’s (GOOGL.O) cloud business crawled to its slowest in at least 11 quarters, sending the ...
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Citigroup CEO sets sweeping management changes, job cuts
Jane Fraser CEO, Citi, speaks at the 2023 Milken Institute Global Conference in Beverly Hills, California, U.S., May 1, 2023. ...