As four of the largest tech companies in the United States report their results this week, expect to see arrows pointing down.Meta, the parent company of Instagram and Facebook that…
The move underscores the efforts of Prime Minister Giorgia Meloni's right-wing government to reduce the role of unelected senior technicians who wield power behind the scenes. A number of senior…
A version of this story first appeared in CNN Business' Before the Bell newsletter. Not a subscriber ? You can register here. New York CNN — The recession alarm bells…
A version of this story first appeared in CNN Business' Before the Bell newsletter. Not a subscriber ? You can register here. You can listen to an audio version of…
Goldman Sachs Group Inc. embarks on one of its biggest rounds of job cuts yet as it locks in a plan to cut around 3,200 jobs this week, with the…
A version of this story first appeared in CNN Business' Before the Bell newsletter. Not a subscriber ? You can register here. You can listen to an audio version of…
A version of this story first appeared in CNN Business' Before the Bell newsletter. Not a subscriber ? You can register here. You can listen to an audio version of…
CNN — Salesforce announced on Wednesday that it will cut about 10% of its workforce and reduce its real estate footprint, making it the latest tech company to cut spending…
hong kong CNN — The head of Tesla in China would have received a big promotion. Tom Zhu was given Tesla's assembly plants and sales operations in the United States…
hong kong CNN — Xiaomi, one of the world's biggest smartphone makers, has started layoffs in China at a time when the world's second-largest economy is grappling with a huge…