Big Bankruptcies Hang Over Economy
Rising business bankruptcies are sounding alarm bells, especially as they increasingly involve large companies such as SVB Financial, Bed Bath & Beyond, and Yellow. Factors...
Vacant Offices Are Piling Up in Silicon Valley
Updated June 21, 2023 12:02 am ET Listen to article (2 minutes) Silicon Valley companies are dumping office space at an accelerating pace, as tech...
Corporate Layoffs Spread Beyond High-Growth Tech Giants: WSJ
Dow, IBM and SAP say they will lay off thousands of workers as belt-tightening becomes the new business priority. [ad_2] Source link...
Tech layoffs approach Great Recession levels: ‘It was not sustainable or real’
The number of tech layoffs this year is nearing annual levels seen during the Great Recession, but is far from dot-com-bust territory. As technology companies...
Over 50% of CEOs say they’re considering cutting jobs over the next 6 months — and remote workers may be the first go to
Alarm sirens from the C-Suite about a looming recession are gaining volume in America and elsewhere, but calls back to the office for full-time work...
IPO Market Faces Worst Year in Two Decades. ‘Really Hard Pill to Swallow.’
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law....
Walmart Lays Off Hundreds of Corporate Workers
Walmart is cutting hundreds of corporate roles in a restructuring effort, according to people familiar with the matter, a week after the retail giant warned...
Rising Rates Are Battering Mortgage Lenders
Mortgage lenders are scrambling to survive a sharp drop-off in the number of homeowners refinancing their loans, with demand drying up as interest rates rise....