Twitter co-founder Jack Dorsey declared that his company, Block, will reduce its workforce by nearly half, cutting more than 4,000…
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Chevron slashes 600 jobs at old Bay Area HQ, threatens more layoffs
Chevron is laying off 600 workers from its former San Ramon headquarters, just months after relocating its home base to…
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SF’s Dropbox slashes 528 workers after CEO called last layoff ‘brutal’
Dropbox, a San Francisco tech company best known for its file-hosting tools, is slashing 20% of its workforce. The cut…
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Bay Area biotech company slashes staff after losing $655M in value
Pliant Therapeutics, a South San Francisco biotech company developing treatments for fibrosis, is slashing its staff after halting a crucial…
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EBay slashes staff, including 271 in Bay Area, amid $1.2B purchase
The e-commerce stalwart eBay is laying off 800 workers, including a couple hundred in the Bay Area, just a week…
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California biotech company slashes staff after 78% stock drop
When Gossamer Bio announced poor results from its flagship blood pressure study in February, the San Diego company’s stock dropped…
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Kinnevik slashes valuation of stake in Swedish green startup Stegra
Swedish VC Kinnevik has written down the value of its stake in Swedish green steel startup Stegra by half, citing…
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Layoffs! Walmart Slashes 1,500 Corporate Jobs as It Pushes for a Return to Office Life – Firing Details – Companies
If you’ve ever relied on Walmart’s quick delivery or browsed their online ads, the people behind those services are now…
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Ready Capital Slashes Dividfinish, Raising Concerns Among Investors
On Tuesday, Ready Capital Corporation stocks have been trading down by -7.3 percent amid market fatigue and economic uncertainties. Live…
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TPG Telecom slashes capital raising after Triple Zero death and equity market turmoil
TPG Telecom has slashed its capital raising by $250 million after a death related to a Triple Zero call failure…
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