Layoffs

Santander To Close 140 UK Branches, Lay Off 800

Santander To Close 140 UK Branches, Lay Off 800
Santander To Close 140 UK Branches, Lay Off 800
January 23, 2019  |  Cross-border Payments

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  |  Legal & 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  |  Exclusive Series

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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