Swiss building materials giant Holcim Ltd posted strong first-quarter results and raised its full-year outlook as of May 8, 2026,…
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Rising Costs Erode DHL Profits as German Parcel Volumes Slip and Automation Race Intensifies
DHL Group reported a decline in operating profit to 1.03 billion euros in the first quarter of 2026, down from…
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America’s Largest Wine Company Shuts Down Napa Valley Flagship and Cuts 93 Jobs as the Wine Industry Faces a Reckoning
Gallo, the largest U.S. wine company, is closing its Ranch Winery production facility in St. Helena, Napa Valley, and implementing…
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Tech giant PayPal announces massive layoff round, 311 cuts in San Jose
PayPal plans to cut its workforce by 9%, the San Jose-based tech giant announced Tuesday — almost exactly one year…
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7 months after last layoffs, Bay Area biotech giant does another round
Last Thursday, Gilead Sciences, best known for its COVID-19 and HIV treatments, filed a Worker Adjustment and Retraining Notification with…
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Global giant Accenture to purchase SA creative agency King James Group
Fortune 500 multinational Accenture has announced its first African acquisition by entering an agreement to purchase South African creative agency…
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Dutch giant MN Keeps weapons ban while opening door to defence tech
Catch Martijn Scholten speak at our Annual Benelux Institutional Forum Dutch pension manager MN is maintaining a ban for its…
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Bay Area tech giant Intel to gut staff, slashing 15,000 workers
Intel, the Santa Clara tech behemoth known for its computer chips, announced plans to slash 15,000 jobs on Thursday. In…
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Bay Area biotech giant to lay off hundreds after $1.8B loss
Bio-Rad Laboratories, a Bay Area biotech giant best known for its diagnostic and research products, is laying off 5% of…
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Down 80% in value since 2022, Bay Area solar giant lays off hundreds
Enphase Energy, a Fremont-based solar technology and electric vehicle charger company, is laying off about 500 workers. It’s a continuation…
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