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CNBC RESTRUCTURING
Lucid Motors layoffs 2026: EV maker slashes jobs ahead of SUV launch - why is Lucid laying off employees, how many jobs are being cut and which roles are impacted?Lucid Motors layoffs 2026 explained: EV maker Lucid Motors is undergoing significant workforce reductions, cutting approximately 18% of its...- US Stock Market: Accenture’s AI transformation faces investor skepticism as stock plunges; CEO Julie Sweet remains confidentAccenture's shares plunged nearly 20% after its fiscal third-quarter results revealed weaker-than-expected bookings and a softer outlook. C...
- Uber slashes 23% of HR and recruitment jobs, says AI isn't the reason - here's why Uber is laying off employeesUber layoffs 2026 reason explained: Uber is reorganizing its People and Places division, leading to layoffs affecting approximately 23% of ...
- Vedanta shares fall after media reports of ED searches at Mumbai, Delhi officeVedanta shares dipped over 1% following reports of Enforcement Directorate searches at its offices concerning royalty payments to its paren...
- US company ClickUp lays off 22% workforce, but CEO says bigger rewards await those...ClickUp Layoffs: ClickUp is cutting 22 per cent of its workforce as the company shifts more aggressively towards artificial intelligence-dr...
- Starbucks layoffs 2026 continue: What is driving the third round of job cuts under Brian Niccol, how many workers will be impacted and what employees need to know about severance?Starbucks layoffs 2026: Starbucks is cutting 300 US corporate jobs and closing regional support offices. This move is part of a broader tur...
- Did Elon Musk lose his landmark OpenAI lawsuit? Jury delivers swift verdict-here's what you need to knowA California jury has rejected Elon Musk's lawsuit against Sam Altman and OpenAI. Musk claimed OpenAI abandoned its nonprofit mission for p...
- Cisco stock price today: Why CSCO stock soared 17% after earnings and why Cisco is cutting thousands of jobs - here's what investors need to knowCisco stock price today after CSCO earnings: Cisco shares soared following a robust earnings report. The networking giant exceeded expectat...
- OpenAI breaks off Microsoft exclusivity, Amazon CEO says OpenAI models coming to AWS soonMicrosoft's exclusive hold on OpenAI's artificial intelligence models is over. This change allows OpenAI to offer its technology to competi...
- After layoffs, Microsoft targets 7% of US workforce for buyouts - who’s affected?Microsoft is offering voluntary retirement buyouts to approximately 7% of its U.S. workforce for the first time in its 51-year history. Thi...
- Why Meta stock is rising after reports say hundreds will lose jobs across key divisions - here's which teams are impacted and what Meta plans to do nextMeta stock price today: Meta is reducing its workforce by several hundred employees across various departments. This move comes as the comp...
- CNBC to unify digital and TV news operations, cut nearly a dozen jobs, sources sayCNBC is undergoing a significant newsroom restructuring. This move aims to merge its television and digital operations. The changes will re...
- Target layoffs 2025 explained: Why is the retailer cutting 1,800 corporate jobs & which roles are impactedTarget layoffs: Target is cutting 1,800 corporate jobs, including 1,000 layoffs and 800 unfilled roles, to reignite growth after stagnant s...
- Intel stock falls after Donald Trump calls for CEO Lip-Bu Tan to resign over China tiesIntel CEO Lip-Bu Tan latest news: US President Donald Trump wants Intel CEO Lip-Bu Tan to resign. Trump says Tan is conflicted. Intel's sto...
- Bumble layoffs: Shares jumps over 19% after dating app plans to cut 30% of workforce — affecting 240 rolesBumble's shares surged over 19% after announcing a strategic restructuring plan involving a 30% workforce reduction, impacting approximatel...
- Google layoffs 2025: Tech titan offers buyouts to U.S. employees—are layoffs next?Google is offering voluntary buyouts to employees in the U.S. across various divisions like Knowledge and Information, central engineering,...
- Ray Dalio issues dire warning, says America’s debt woes are spiralling, predicts shocking developments on the horizonRay Dalio, founder of Bridgewater Associates, predicts a looming US debt crisis with a dangerous supply-demand imbalance. He warns that the...
- Alibaba executive says founder Jack Ma 'lying low': ReportMa, who was known for his outspokenness and for pushing boundaries with audacious statements, stepped down from Alibaba in 2019 but continu...
- Citigroup CEO Michael Corbat says the bank will take a massive $3.5 billion hit in Q4Of that, $2.7 billion will be for probes and $800 million will be for restructuring as the bank closes franchises in some markets around th...
- TV18 Broadcast lays off 300 employees as part of a large-scale restructuring planTV18 Broadcast, an arm of the Network18 group that runs CNN-IBN, IBN7 and CNBC-TV18 news channels, has laid off close to 300 employees.
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