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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Holcim Beats First-Quarter Targets, Raises Full-Year Outlook and Deploys Carbon-Storing Construction Technology at Industrial Scale
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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