Branch International Trims African Staff, Reports $30 Million Profit
Visa-backed digital lender Branch International is cutting staff in Kenya and Nigeria, despite reporting a $30 million global profit, signaling a broader...

Visa-backed digital lender Branch International is cutting staff in Kenya and Nigeria, despite reporting a $30 million global profit, signaling a broader...

Starbucks announced the layoff of 300 U.S. corporate employees and closure of regional offices, incurring $400 million in restructuring costs as part...

Meta plans to lay off 10% of its workforce, while Microsoft offers early retirement buyouts, both amid massive AI development spending.

Iran's economy faces mass layoffs and soaring inflation due to war, compounded by destroyed infrastructure and internet blackouts, creating a dire outlook...

U.S. applications for unemployment benefits fell last week, signaling continued low layoff rates amidst global economic uncertainty.

One-click checkout startup Bolt has cut a third of its staff, citing financial pressures and a strategic shift to become a leaner,...

Meta faces an uncertain path after losing two lawsuits and scaling back its Metaverse ambitions. These challenges, alongside layoffs, prompt questions on...