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Carvana Lays Off 1,500 Amid Big Tech Staff Reductions
November 18, 2022

Carvana is making changes to its staff in response to a growing trend of Big Tech and eCommerce businesses reevaluating their revenues, as well as a drop in the used-car retail market. Get the Full Story Complete the form to unlock this article and enjoy...

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sticky.io Appoints WooCommerce Veteran Spencer Watts as CFO 
November 18, 2022

Subscription commerce platform provider sticky.io has appointed Spencer Watts as its new chief financial officer (CFO).  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...

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JPMorgan Payments Announces New EMEA Payments and Commerce Solutions Co-Head
November 16, 2022

J.P. Morgan Payments is appointing Ludovic Houri as its new co-head of EMEA payments and commerce solutions, according to a Wednesday (Nov. 16) press release emailed to PYMNTS. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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Bitcoin Futures Investment Firm Valkyrie Cuts 30% of Staff
November 14, 2022

Digital asset investment firm Valkyrie Investments has reportedly cut about one-third of its 23-person staff over the last few weeks, joining many other companies in the sector that have done the same.  Get the Full Story Complete the form to unlock this article and enjoy...

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FinTech Mercury Financial Hires Barclays Exec Jason Whiting as CFO
November 14, 2022

FinTech company Mercury Financial is reportedly adding Barclays veteran Jason Whiting as chief financial officer (CFO).  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...

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Meta to Lay Off More Than 11,000 Workers Due to Drop in eCommerce
November 09, 2022

Meta will lay off more than 11,000 employees — 13% of its workforce — CEO Mark Zuckerberg said, blaming the decision on his misguided bet on pandemic eCommerce. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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Citigroup Investment Banking Unit Slashes Staff Globally
November 08, 2022

The rising trend of large corporations cutting back employees looks set to continue amid a report that Citigroup is scaling back its investment banking unit’s staff. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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Prove Names FIS Exec Nicole Jass as CPO and Twilio’s Scott Bonnell as CRO
November 08, 2022

Digital identity company Prove Identity has added two new members to its executive team to meet what it says is a rising demand for identity verification tools. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

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Report: TikTok Shuffles US Leadership as It Grows eCommerce and Games
November 08, 2022

Facing the same declines in digital advertising faced by its rivals Meta and Snap, social media platform TikTok has reportedly made several changes in the leadership of its operations in the United States, which is its biggest market.  Get the Full Story Complete the form...