McDonald’s is reportedly cutting corporate staff as restaurant margins take a hit amid economic stress. The quick-service restaurant (QSR) giant is closing its offices across...
U.S. unemployment claims increased last week amid what remains a strong labor market. Initial jobless claims rose by 7,000 to a seasonally adjusted 198,000 for...
Tech layoffs are running rampant. With inveterate titans like Meta, Google and Microsoft laying off thousands of workers, many are beginning to wonder whether digital...
Disney is reportedly shuttering its metaverse business as part of a larger round of layoffs. The entertainment behemoth has shut down its division that was...
At a time when investors are increasingly risk averse, it is important that buy now, pay later (BNPL) firms — and FinTechs more generally —...
After years of easy money and rapid growth, the FinTech bubble burst in 2022 amid economic challenges. A new monthly report takes a deep dive...
After a record-breaking year in 2021, the FinTech industry experienced a significant downturn in 2022. High inflation, market volatility and recession fears caused investors to...
As food delivery aggregators feel the macroeconomic pressures, some are responding with major layoffs. Just Eat Takeaway’s United Kingdom arm, for its part, is gearing...
Delivery giant Just Eat Takeaway is reportedly cutting 1,700 driver jobs in the U.K. Those jobs will be replaced by gig workers, per published reports...