Mark Zuckerberg briefs employees on streamlining plans after Meta layoffs
Meta CEO Mark Zuckerberg addressed the company’s employees to boost morale after a series of layoffs that have significantly reduced the headcount.
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Day: May 26, 2023
JPMorgan Chase cuts 1,000 First Republic employees
JPMorgan Chase has announced that around 1,000 First Republic Bank staffers are laid off following its recent acquisition of the majority of the bank’s assets.
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Asda and EG Group finalise £10 billion merger
Asda and EG Group, the owners of petrol stations, are finalizing a merger of their operations in the UK worth £10 billion.
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Boohoo founders receive double pay despite missing financial targets
Despite missing financial targets, the founders of fast fashion retailer Boohoo.com saw their pay doubled to approximately £1 million each last year, as they were granted substantial bonuses.
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India and EU to collaborate on rules and standards for the tech industry
India and the European Union (EU) have announced their intention to synchronize regulations in the...
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