Embedded banking firm Treasury Prime is cutting staff amid a new shift in strategy. “For years, we’ve been saying that the future of banking is embedded, with regulated...
French payments firm Worldline is projecting slower growth this year as European consumers reduce spending. “With a strong focus on the execution of the transformation plan in...
For some workers, working from home no longer seems like an attractive option. As Bloomberg News noted in a recent report, the white-collar labor market has cooled,...
New Department of Labor data shows a drop in initial applications for unemployment in the United States. Unemployment claims fell by 12,000 to 201,000 for...
Block plans to cut 112 jobs on March 30 as part of its previously announced cost-cutting measures. The company began job cuts in January and aims...
Nike is laying off thousands of employees, as consumers’ ongoing financial pressures make it harder for them to justify nonessential purchases, such as adding more...
While other lenders are cutting staff, Silicon Valley Bank (SVB) is reportedly hiring. The financial institution, whose failure in March of 2023 set off a larger banking...
Even as Instacart is undergoing major layoffs to cut costs, the company continues to invest in fully digitizing the physical store to boost omnichannel efficiency....
PayPal Executive Vice President and Chief Enterprise Services Officer Aaron Karczmer will leave the company on April 30. The company and Karczmer entered into a...