Layoffs

Apple Laying Off Nearly 200 In Self-Driving Car Unit
Apple Laying Off Nearly 200 In Self-Driving Car Unit
February 28, 2019  |  Apple

Apple, the iPhone maker that’s been struggling with lackluster demand for its flagship product, is gearing up to slash its self-driving car workforce, letting go of...

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Santander To Close 140 UK Branches, Lay Off 800
Santander To Close 140 UK Branches, Lay Off 800
January 23, 2019  |  International

Banco Santander’s U.K. unit is gearing up to close 140 branches and let go of roughly 800 employees. Get the Full Story Complete the form...

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Online Lender CommonBond Cuts 18 Pct Of Employees
Online Lender CommonBond Cuts 18 Pct Of Employees
January 17, 2019  |  Personnel

Online student lender CommonBond has laid off 22 employees — 18 percent of its staff — as it plans to shift investment into new areas....

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Bitcoin Daily: Bank Of America Mulls Blockchain ATMs; India Eyes Cryptocurrency Legalization
Bitcoin Daily: Bank Of America Mulls Blockchain ATMs; India Eyes Cryptocurrency Legalization
December 26, 2018  |  Bitcoin

The government of India is reportedly considering the legalization of digital currencies, with some restrictions, per CoinDesk. According to reports, an unnamed senior official, who...

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In Cryptoland, Jobs Disappear As Speculators Flee
In Cryptoland, Jobs Disappear As Speculators Flee
December 11, 2018  |  Personnel

What goes up must come down, as goes the old saying. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Essential Products To Lay Off 30 Percent Of Its Workforce
Essential Products To Lay Off 30 Percent Of Its Workforce
October 18, 2018  |  Startups

Essential Products, the smartphone startup founded by Andy Rubin, the creator of Android, is slashing its workforce by around 30 percent. Get the Full Story...

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Wells CEO Says He’s In For The Next Decade
Wells CEO Says He’s In For The Next Decade
September 24, 2018  |  Personnel

Wells Fargo Chief Executive Tim Sloan told Bloomberg late last week that he plans to stay on at the company for the next decade. According...

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Trump Administration Shrinks Finance Watchdog
Trump Administration Shrinks Finance Watchdog
August 09, 2018  |  Regulation

The Trump administration is laying off 40 staff members at the Office of Financial Research (OFR), an independent bureau that analyzes market trends to detect...

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In eCommerce, Amazon Sizzles, While eBay Fizzles
In eCommerce, Amazon Sizzles, While eBay Fizzles
July 20, 2018  |  Sizzle/Fizzle

Sizzle Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

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