CNN is laying off roughly 200 employees, or about 6% of its workforce, as part of the cable network’s shift toward digital ...

Mark Thompson has promised to reinvent CNN since he arrived in 2023. Now, he is remaking the network’s TV lineup and its work ...

CEO Mark Thompson told staff the moves aimed to better serve audiences and "secure CNN's future as one of the world's ...

UBS Group AG (NYSE:UBS) is set to continue reducing its workforce following its historic acquisition of Credit Suisse, said CEO Sergio Ermotti in an interview to Bloomberg. The Swiss lender is aiming ...

UBS Group AG Chief Executive Officer Sergio Ermotti said he will keep cutting headcount in the wake of the historic ...

As OpenAI pushes toward a for-profit structure, the company is adding Adebayo Ogunlesi, founding partner of Global ...

Betting group, Stanleybet, has reported an annual loss after football punters got the better of the Liverpool-based operation, leading to “significant” job cuts. The group, located in The ...

The Discover it® Balance Transfer is no longer available via CNBC Select; offer details mentioned below may no longer apply. The Federal Reserve Board announced an emergency rate cut on Sunday ...

Job cuts from U.S.-based companies were the highest they’ve been in 15 years in 2024—with the exception of 2020 job losses spurred by the COVID pandemic—as cuts jumped 5.5% over 2023, with ...

Job cuts rose 319% YoY in March, highest Q1 since 2020 - Report By Investing.com - Apr 06, 2023 By Senad Karaahmetovic U.S. employers announced nearly 90,000 job cuts in March, which is up about 15% ...

Investing.com -- Stocks sank on Wednesday as investors awaited the outcome of the vote on the debt ceiling deal, over objections from GOP members who wanted more spending cuts. The voting has begun in ...

PreviAmbiente, Italy’s defined contribution (DC) pension fund for workers in the environmental and hygiene sectors, has swapped asset manager Credit Suisse for UnipolSai to run its ‘Garantito’ ...