Treasury Secretary Janet Yellen said that stronger than expected economic data spurred a repricing of expectations for ...

Meta is set to cut about 5% of its workforce, focusing on the company's lowest-performing workers, CNBC confirmed Tuesday.

The Chinese government is considering a plan for Elon Musk to acquire TikTok’s U.S. business, Bloomberg News reported on ...

Meta specified that it is “exiting approximately 5% of our lowest performers” in a separate message posted by a company ...

Ted Weschler, one of Warren Buffett’s trusted deputies, achieved an astonishing feat: growing his retirement account to $264 ...

MSNBC President Rashida Jones stepped down Tuesday after four years running the progressive political news network, as parent ...

Klarna announced a distribution agreement with Stripe on Tuesday. The deal brings its BNPL services to Stripe's merchants in ...

Tesla laid off roughly 6,600 workers in spring 2024 — around the same time labor statistics show the company filed about ...

Meta plans to push out thousands of “low-performers” next month, in Bay Area tech’s first massive job cut of 2025. CEO Mark ...

Software is expected to have another great year in 2025 fueled by ongoing and rising investment in artificial intelligence (AI).

The company said it is in the process of "winding down outdated programs and materials" as part of a broader review of ...