Chegg shares plummet! Students abandon for free AI tools – a massive shake-up in online education
In a striking turn of events for Chegg, the leading education technology company, shares plummeted 13% following a massive shift in student preference toward free ... Read More
Dropbox slashes 528 jobs—company bets big on AI as cloud storage future shifts
In a sweeping change aimed at reshaping its operational focus, Dropbox has announced that it will lay off 20% of its workforce, impacting 528 employees ... Read More
Flagstar Bank cuts 700 jobs as transformation plan reshapes its future—Is your bank account safe?
Flagstar Bank, a subsidiary of New York Community Bancorp, Inc. (NYSE: NYCB), has revealed significant workforce reductions as part of its ongoing transformation and cost ... Read More
Blink Charging announces 14% workforce reduction as part of cost-cutting strategy
Electric vehicle (EV) charging equipment maker Blink Charging Co. has announced plans to reduce its global workforce by 14% as part of a strategic cost-cutting ... Read More
Shockwave through biotech: AN2 Therapeutics slashes workforce after trial fails
AN2 Therapeutics, Inc., a pioneering force in novel small molecule drugs, has announced a dramatic reduction of its workforce by approximately 50%. This decision follows ... Read More
Intel’s shocking layoff announcement: 15,000 jobs cut in $10bn cost-cutting overhaul
Intel Corporation announces significant layoffs and restructuring plans aimed at achieving $10 billion in savings by 2025. The American semiconductor giant, Intel Corporation, has revealed ... Read More
Ovid Therapeutics announces significant workforce reduction to extend cash runway
Ovid Therapeutics Inc., a New York-based biopharmaceutical company, has announced a significant reduction in its workforce. This decision, approved by the Board of Directors on ... Read More