Verizon Communications has appointed former Peloton Chief Marketing Officer Leslie Berland as executive vice president and chief marketing officer. Effective Jan. 9, Berland will oversee Verizon’s global marketing strategy, join the company’s executive leadership team and report directly to Verizon Chairman and CEO Hans Vestberg, the communication technology...
PayPal has appointed Fiserv executive Suzan Kereere as its new global markets president. Kereere, who will take the role beginning Jan. 1, will be responsible for leading the company’s local businesses and growth strategies in markets around the world, PayPal said in a news release provided to PYMNTS Wednesday (Dec....
JPMorgan Chase has named Hubert J.P. Jolly the new head of payments solutions for its commercial banking business. Jolly is co-head of global corporate and eCommerce sales at J.P. Morgan Payments, the company said in a Tuesday (Dec. 5) press release emailed to PYMNTS. In his new role,...
BILL will reduce its global workforce by 15% as part of a restructuring. The billing software firm will also close its office in Sydney, Australia, it said in a Tuesday (Dec. 5) filing with the Securities and Exchange Commission (SEC). The changes come as BILL...
Spotify is laying off 17% of its workforce as the streaming audio platform tries to cut costs. “The Spotify of tomorrow must be defined by being relentlessly resourceful in the ways we operate, innovate and tackle problems,” Daniel Ek, the company’s CEO, said in a...
Mastercard has named Michelle Meyer as its chief economist and head of its think tank. In running the Mastercard Economics Institute, Meyer and her team will be responsible for delivering economic, financial policy and market thought leadership, the company said in a news release Wednesday (Nov. 29). “The Mastercard Economics...
In the search for new AI talent, employment recruiters are reportedly targeting big banks. The last year has seen banks such as Goldman Sachs and Bank of America lose dozens of artificial intelligence (AI) experts to rivals like Citigroup and Morgan Stanley, Bloomberg News reported Tuesday (Nov. 28), citing data from the consultancy...
ByteDance is reportedly eliminating hundreds of jobs as it scales back its gaming unit, Nuverse. The Chinese tech giant, which also owns TikTok, has no plans to eliminate the division but will cut positions, CNBC reported Monday (Nov. 27), citing an unnamed source. “We regularly...
Marqeta’s managing director is stepping down after 15 months with the card-issuing company. Jeff Parker, who is also a senior vice president at the firm, announced his departure in a recent LinkedIn post. “After an action packed, fun filled 15 months, fueled by amazing growth my time...
