Layoffs: Sources told Bloomberg that Schroders is cutting 3 per cent or 200 jobs, mostly in tech, as new CEO Richard Oldfield looks to revive the UK’s largest standalone asset manager.
1 min read17 Jan 2025Freshworks said it will trim 13% of its workforce, or 660 employees, globally. The company expects to book about $11 million to $13 million in restructuring charges in the fourth quarte.
1 min read8 Nov 2024Rescued New York Community Bank to lay off 700 at its Flagstar subsidiary, with more cuts coming
1 min read19 Oct 2024INTEL-RESULTS/ (UPDATE 2, PIX):UPDATE 2-Intel to cut 15% jobs, suspend dividend in turnaround push
1 min read2 Aug 2024CEO Mark Thompson said it was “a logical possibility” that CNN might pursue a subscription bundle similar to what the New York Times offers.
2 min read10 Jul 2024L3HARRIS-LAYOFFS/ (EXCLUSIVE, PIX):EXCLUSIVE-US defense contractor L3Harris to cut 5% of workforce to save costs, email shows
2 min read24 Apr 2024Hong Kong investment bankers could face more job cuts as the slowdown in China deals persists and employers look to trim highly compensated staff, according to Bloomberg Intelligence.
1 min read22 Apr 2024Banco Santander SA has cut roughly 320 jobs in the US as it seeks to focus more on digital operations, according to a person familiar with the matter.
1 min read4 Mar 2024The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared
Exciting, sharp and clear analysis of the trends that matter, through data and charts. Plain Facts is published every weekday, with coverage spanning across themes, including corporate strategy to inflation to unemployment and emerging sectors. Follow us on #MintPlainFacts across social media.