Spotify Axes 17% Of Workforce In Third Round Of Layoffs This Year
The music streaming service hopes the cuts, which amount to about 1,500 people, will help it become profitable.
The music streaming service hopes the cuts, which amount to about 1,500 people, will help it become profitable.
The employees had alleged that the rocket company failed to address a culture of sexism and discrimination.
Updated Jan. 8, 2024 10:22 pm ET A powerful rocket developed by a Boeing-and-Lockheed Martin-owned company blasted off for the first time early Monday, but the moon lander it was carrying suffered a setback after launch. Called Vulcan Centaur, the 202-foot-tall rocket lifted off at 2:18 a.m. ET from a Florida launchpad, powering an American…
Walgreens Boots Alliance has agreed to pay $360 million to insurance company Humana to settle a lawsuit alleging the retail-pharmacy chain overcharged for prescription-drug reimbursements. Walgreens disclosed the settlement in a securities filing last week. The company said it had asked a federal court to vacate a previous award in Humana’s favor for $642 million….
Two Democratic lawmakers on Tuesday expressed concerns about ex-Wall Street financiers overseeing the Commerce Department’s distribution of $39 billion in grants to the semiconductor industry, saying the staffing raised questions about the creation and abuse of a revolving door between government and industry. In a letter to the Commerce Department, Senator Elizabeth Warren of Massachusetts…
In the grand tapestry of the working world, there’s been a colorful and undeniable shift, painting a new picture of what it means to ‘go to work.’ Gone are the days when the daily commute was as predictable as the setting sun. Now, in the dazzling digital age, the rise of remote work is reshaping…
Festive food sales helped boost the supermarket giant over the Christmas period.