Block shares soar as much as 24% as company slashes workforce by nearly half
Block said Thursday it’s laying off more than 4,000 employees, or about half of its head count. The stock skyrocketed
Read More
workforce
C3 AI shares plummet as company cuts 26% of workforce, posts wider loss than expected
Jonathan Raa | Nurphoto | Getty Images Shares of C3 AI sank 17% on Thursday, trading at a record low,
Read More
Jamie Dimon says AI is already reshaping JPMorgan Chase’s workforce as bank plans ‘huge
Jamie Dimon, chairman and CEO of JPMorgan Chase, attends the ribbon-cutting ceremony opening the firm’s new headquarters at 270 Park
Read More
Moderna to slash 10% of workforce as biotech cuts costs, Covid shot sales slow
The Moderna Inc. headquarters in Cambridge, Massachusetts, on March 26, 2024. Adam Glanzman | Bloomberg | Getty Images Moderna on
Read More