Barclays bank cut 5,000 jobs in cost-saving drive
The reduction is much higher than previously reported and a quarter of the cuts will take place in the UK.
Similar Posts
Elon Musk’s SpaceX reportedly valued at $175 billion or more in tender offer
Elon Musk’s SpaceX has initiated discussions about selling insider shares at a price that values the closely held company at $175 billion or more, according to people familiar with the matter. The most valuable U.S. startup is discussing a tender offer that could range from $500 million to $750 million, said some of the people,…
Wedding Dress Designer Hayley Paige Says She’s Lost The Right To Her Instagram And Her Own Name In Court
Last week, JLM Couture sued the designer for breach of contract, among other things, in a New York federal court. The company’s main gripe is over the @misshayleypaige account, which JLM asserts it owns and has the right to operate as it sees fit. It also filed a temporary restraining order banning Gutman from using…
Beijing bourse tells ‘major shareholders’ to refrain from selling | Reuters News Agency
Business & Finance 28 November 2023, 4:28 am 1 minute Reuters exclusively reported that The Beijing Stock Exchange has de facto implemented a new policy that prevents major shareholders of companies listed on its bourse from selling stock, worried that such sales could douse a long-desired rally. Market Impact The Beijing bourse currently houses 232…
WFAN parent Audacy files for bankruptcy as advertising plummets
WFAN parent Audacy has filed for bankruptcy protection amid a slump in advertising revenue. The Philadelphia-based company, which oversees major podcast and radio operations and has acquired CBS Radio, said it has filed a Chapter 11 petition in the US Bankruptcy Court for the Southern District of Texas after a restructuring agreement with a majority of its debtholders….
A Facebook Executive In India Was Shielding Anti-Muslim Speech. Now She Wants Police Protection.
“Since the evening of 14 August 2020, I have been receiving violent threats to my life and body, and I am extremely disturbed by the relentless harassment meted out to me by the accused persons,” Das wrote in her police complaint. “The content, which even includes my photograph, is evidently threatening to my life and…
It’s TikTok Shop’s first Christmas, and shoppers are torn between hot deals and ethics
TikTok has officially launched its e-commerce service TikTok Shop in the US. Costfoto | Nurphoto | Getty Images Consumers are increasingly turning to social media for their shopping this holiday season, and TikTok’s latest venture into e-commerce has emerged at the forefront. For some, it means weighing the convenience of mobile shopping and often low…
