personnel

Microsoft to Cut 3% of Workforce While Reducing Management Layers

Microsoft to Cut 3% of Workforce While Reducing Management Layers
Microsoft to Cut 3% of Workforce While Reducing Management Layers
May 13, 2025  |  Personnel

Microsoft is reportedly laying off 3% of its workforce, or about 6,000 employees, to reduce the number of management layers. Get the Full Story Complete...

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Byline Bank Expands Payments and FinTech Banking Units
Byline Bank Expands Payments and FinTech Banking Units
May 12, 2025  |  Banking

Byline Bank is boosting its embedded finance efforts by expanding its payments/FinTech division. Get the Full Story Complete the form to unlock this article and...

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Jonathan McKernan to Be Nominated for Post at Treasury Instead of CFPB
Jonathan McKernan to Be Nominated for Post at Treasury Instead of CFPB
May 09, 2025  |  Legal & Regulation

Former Federal Deposit Insurance Corp. (FDIC) Board Member Jonathan McKernan will be nominated to serve in a post at the Treasury Department after previously being nominated to lead the Consumer...

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OpenAI Picks Instacart Chief Fidji Simo to Oversee Operations
OpenAI Picks Instacart Chief Fidji Simo to Oversee Operations
May 08, 2025  |  Artificial Intelligence

OpenAI has named Instacart head Fidji Simo as its new CEO of Applications. Get the Full Story Complete the form to unlock this article and...

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Financial Regulators Face Deepest Personnel Cuts in Decades
Financial Regulators Face Deepest Personnel Cuts in Decades
May 07, 2025  |  Legal & Regulation

Three financial regulators are scrambling following the President Donald Trump administration’s latest round of personnel cuts. Get the Full Story Complete the form to unlock...

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Unemployment Claims Rise by 18,000, Higher Than Economists’ Forecasts
Unemployment Claims Rise by 18,000, Higher Than Economists’ Forecasts
May 01, 2025  |  Economy

The number of initial claims for unemployment insurance in the United States rose by 18,000 during the week ended Saturday (April 26), the Department of...

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Kohl’s Fires CEO Ashley Buchanan Over Personal Relationship With Company Vendor
Kohl’s Fires CEO Ashley Buchanan Over Personal Relationship With Company Vendor
May 01, 2025  |  Retail

Ashley Buchanan’s tenure as CEO of department store chain Kohl’s was short-lived. Get the Full Story Complete the form to unlock this article and enjoy...

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U.S. Bank Names Dan Son Head of Working Capital Finance Division
U.S. Bank Names Dan Son Head of Working Capital Finance Division
April 24, 2025  |  Personnel

U.S. Bank has tapped banking industry veteran Dan Son to lead its working capital finance division. Get the Full Story Complete the form to unlock...

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