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GPS Maker TomTom to Cut 300 Jobs as It Embraces AI
June 30, 2025

TomTom, the Dutch maker of GPS devices and apps, announced Monday (June 30) that it is cutting 300 jobs as it increasingly incorporates artificial intelligence (AI) into its business. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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Stax Appoints Paysafe and FIS Veteran Kevin Wall as CFO
June 11, 2025

Stax Payments has appointed Paysafe and FIS veteran Kevin Wall as chief financial officer, saying he will spearhead the payment technology provider’s next chapter of strategic expansion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

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JPMorgan Chase Appoints Marianne Lake to Head Overseas Consumer Banking
June 03, 2025

JPMorgan Chase has given Marianne Lake, the head of its consumer and community banking division, the additional responsibility of overseeing its overseas consumer banking arm and strategic growth office. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

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JPMorgan Chase CEO Jamie Dimon Says Retirement ‘Several Years Away’
June 02, 2025

JPMorgan Chase CEO Jamie Dimon said his retirement is “several years away.” 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 completing...

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Instacart Picks Chief Business Officer Chris Rogers as New CEO
May 28, 2025

Instacart promoted its chief business officer to the company’s top leadership role. 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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Federal Reserve to Cut Staff 10% Over ‘Couple of Years’
May 16, 2025

The Federal Reserve plans to cut its workforce by about 10% “over the next couple of years” amid a periodic review of its staffing levels, Federal Reserve Chair Jerome Powell told Fed staff in a memo obtained by PYMNTS. Get the Full Story Complete the form to...

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Microsoft to Cut 3% of Workforce While Reducing Management Layers
May 13, 2025

Microsoft is reportedly laying off 3% of its workforce, or about 6,000 employees, to reduce the number of management layers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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U.S. Bank Names Dan Son Head of Working Capital Finance Division
April 24, 2025

U.S. Bank has tapped banking industry veteran Dan Son to lead its working capital finance division. 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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Spirit Airlines Picks New CEO From Rival Sun Country
April 17, 2025

Dave Davis, formerly chief financial officer and president of Sun Country Airlines, will become Spirit’s CEO next week, the airline announced Thursday (April 17). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...