GameStop Corp. shares fell in after-hours trading Thursday, after the company revealed that its chief financial officer had been terminated amid reports of layoffs. GameStop GME, +15.06% stock declined more Read more
Tag: Lay-offs/Redundancies
GameStop terminates CFO, reportedly plans layoffs; stock falls
GameStop Corp. shares fell in after-hours trading Thursday, after the company revealed that its chief financial officer had been terminated amid reports of layoffs. GameStop GME stock declined more than Read more
U.S unemployment claims rise to 6-month high of 235,00 in possible sign of rising layoffs
The numbers: Some 235,000 people applied for jobless benefits last week, marking the highest number in six months and possibly signaling that layoffs are on the rise as the U.S. Read more
U.S. job openings dip to 11.3 million, but labor market still historically strong
The numbers: The U.S. economy is cooling off, but the labor market is still red-hot: Job openings fell slightly in May to a still-high 11.3 million and layoffs remained near a Read more
Wells Fargo CEO Charles Scharf: ‘Real-estate values moderating in the long term are a good thing’
Mortgage rates have risen, slowing down activity in the housing sector. Wells Fargo — along with many other companies — is trimming staff, in response to the grimmer economic outlook. Read more
‘Pokemon Go’ creator Niantic lays off 8% of its workforce, halts some projects
Niantic Inc. has laid off about 8% of its workforce and stopped production on several projects, the company said Wednesday, as the creator of the popular game “Pokémon Go” struggles Read more