When a company announces it is eliminating hundreds of jobs, stock prices do not always go up. At Coinbase Global, they did. The cryptocurrency exchange saw its shares climb more than 4% in premarket ...

As Intuit sharpens its focus on AI, it is reducing its workforce in a major move.

Procter & Gamble plans to cut 7,000 jobs and potentially sell off some brands due to slow global sales. P&G's baby care and skin & personal care units have experienced shrinking or flat sales, ...

ZoomInfo beat Q1 earnings but cut full-year revenue guidance by 62 million dollars, announced a 600-job restructuring (20 per cent of headcount), and lost 29 per cent of its stock price as AI-native ...

Wegovy-maker Novo Nordisk will cut 9,000 jobs, or about 11.5% of its workforce, in a restructuring to save $1.26 billion annually, it said on Wednesday, as it battles rising pressure from US rival Eli ...

(Reuters) -Newmont's restructuring following the acquisition of Australian miner Newcrest has impacted 16% of the company's workforce, according to an internal memo to staff seen by Reuters. The ...