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.
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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.
Morgan Stanley nears deal to pay as much as $300M to settle stock sales probe: report
Morgan Stanley is close to an agreement to pay $200 million to $300 million to settle a US investigation into its employees’ handling of big stock sales, Bloomberg News reported on Thursday. The penalty, expected to be announced in the coming days, will be divided between the Justice Department and the Securities and Exchange Commission, the report said, citing people with knowledge of…
