Virgin Money is laying off a quarter of its branch network, shedding 500 jobs. Meanwhile, Lloyds Banking Group has announced plans to cut 780 more...
Travel site Expedia has announced that it will cut 3,000 workers in an attempt to streamline its “bloated” company after the exit of its CFO...
Europe’s biggest bank by assets, HSBC, is slashing 35,000 jobs and $100 billion in assets as it moves to streamline business functions in the U.S.,...
It was a fairly quiet week on the Walmart front in the race for the consumer’s whole paycheck, with only one big piece of news...
The busy business of home DNA facing its first major test, as consumer demand for the products is beginning to dim. The issue was surfaced by...
India-based hotel group OYO is slowing its ambitions to be the world’s largest chain within the next three years, following a backlash from investors and...
Lyft announced upcoming job cuts on Wednesday (Jan. 29) as part of what it termed a “corporate restructuring.” The change comes as the ridesharing service...
Future Group, the Indian conglomerate headquartered in Mumbai, is downsizing its eCommerce division Retail 3.0 and laid off 350-400 workers, Livemint reported Sunday (Jan. 19),...
Audio equipment company Bose has announced it is closing 119 retail locations due to changing customer demand, according to a report. Get the Full Story...