Indeed will lay off roughly 1,000 workers, including 87 at its Foster City office, according to a WARN notice filed…
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Gilead slashes 104 Bay Area jobs, axing six vice presidents
Gilead Sciences is eliminating 104 positions at its Foster City headquarters, including five vice presidents and a senior vice president,…
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Rite Aid’s Second Bankruptcy Threatens to Erase All 347 California Locations
Rite Aid is barreling toward a second bankruptcy that could permanently shutter every one of its 347 stores across California.…
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Intel Slashes 319 California Jobs While Chasing Billions in Federal Funding
Intel is laying off 319 workers at its Folsom campus while simultaneously pursuing up to $8.5 billion in CHIPS Act…
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Smartphone Slump Forces Qualcomm to Ax 1,250 Workers Including Senior Executives
Qualcomm is shedding 1,250 jobs, and this time the cuts are climbing all the way into the executive ranks. The…
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A Ski Slope Frustration Spurred the Arab World’s First Nasdaq Listed Music Platform
In a market long dominated by Western streaming giants, a single moment of annoyance on a ski lift sparked the…
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eBay Slashes 1,000 Jobs as CEO Admits Workforce Grew Faster Than the Business
eBay announced Tuesday it is cutting approximately 1,000 employees — 9% of its full-time workforce — with 281 Bay Area…
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Indian Fintech Secures EU Payment License Unlocking 27-Country Access in Major Global Expansion Push
A leading Indian fintech company has secured a Payment Institution license from Luxembourg's Commission de Surveillance du Secteur Financier (CSSF),…
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Oracle Cut 21,000 Jobs in One Year to Fund Its AI Expansion and Now Warns the Strategy Could Backfire
Oracle eliminated approximately 21,000 jobs globally over the past year, its annual report reveals, reducing its workforce from 162,000 to…
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