Warner Music Group is cutting 4% of its global staff, in what its chief executive Robert Kyncl described as part of an effort to "evolve" the music giant. The cuts, announced Wednesday in a staff ...
Warner Music Group Inc.'s stock fell 4% premarket Thursday after the company posted a weaker-than-expected first-quarter profit. The company (WMG) had net income of $96 million, or 18 cents a ...
Adjusted per-share earnings came to 28 cents, ahead of the 25-cent FactSet consensus ... that includes plans to lay off about 4% of its current global workforce with the aim of reducing pretax ...
bringing global staffing levels to 140,473 as of the end of last year. This is not the first time that Tesla has cut staff. It announced a 7% cut in staff in 2019, in a statement posted online at ...
Tesla will cut more than 10% of its workforce globally as the company grapples with dimming growth prospects amid an overall slowdown in the growth of electric-vehicle sales. Tesla Chief Executive ...
The company sent a memo to staff announcing layoffs that would affect ... mentioned a need to get leaner and cut back on duplicative roles. “This will enable us to be lean, innovative and ...
Adjusted per-share earnings came to 28 cents, ahead of the 25-cent FactSet consensus ... that includes plans to lay off about 4% of its current global workforce with the aim of reducing pretax ...