Google’s billions make job cuts ‘needless’ – union
The Alphabet Workers Union criticises the tech giant for axing hundreds of jobs despite vast earnings.
The Alphabet Workers Union criticises the tech giant for axing hundreds of jobs despite vast earnings.
Updated Jan. 11, 2024 4:34 am ET Thomson Reuters is launching a $626 million cash bid for Pagero Group, beating a rival offer made by Vertex for the Swedish e-invoicing provider last month. Thomson Reuters said Thursday that it will begin a public tender offer to acquire all of Pagero’s shares on Friday. It intends…
They described situations where they received angry messages from Edwards, or were forced by him to apologize, after criticizing diversity efforts at the company. “If you don’t apologize,” he wrote to one former employee who said he should resign, “we’re going to war.” Two former employees described an incident that occurred prior to Edwards joining…
Elon Musk fired back after a report claimed his illegal drug use at parties worried executives and board members of his companies, saying “not even trace quantities” of drugs were found in his system during three years of random testing. “After that one puff with Rogan, I agreed, at NASA’s request, to do 3 years…
Liquidation Sale signs in business storefront, Queens, New York. (Photo by: Lindsey Nicholson/UCG/Universal Images Group via Getty Images) Ucg | Universal Images Group | Getty Images Small business bankruptcies are on the rise. Subchapter V filings — which most small businesses these days are using to reorganize a floundering business — have outpaced filings from…
Two of the major hedge funds targeted by investors on Reddit pushing up the stock price of GameStop have waved expensive flags of defeat and sold out of their investments, losing millions of dollars. On Wednesday, the stock price of GameStop (GME), the mall retailer for video games, soared 134%, a staggering increase of 748%…
“Testing is important and extracting people who test positive is important, but people rely too heavily on testing. They’re lulled into a false sense of security by thinking that everyone on set is tested so they are safe, when the testing is only a snapshot. It’s just a moment in time,” the Warner Bros. employee…