personnel

Magic Leap Cuts 75 Jobs, Shifts Focus to Technology Licensing

Magic Leap Cuts 75 Jobs, Shifts Focus to Technology Licensing
Magic Leap Cuts 75 Jobs, Shifts Focus to Technology Licensing
July 19, 2024  |  Personnel

Augmented reality (AR) startup Magic Leap reportedly cut 75 jobs on Thursday (July 18) as it reorients its business toward technology licensing. Get the Full Story Complete...

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Auto Plant Closures, Hurricane Drive Increase in Initial Unemployment Claims
Auto Plant Closures, Hurricane Drive Increase in Initial Unemployment Claims
July 18, 2024  |  Economy

The number of initial claims for unemployment insurance increased by 20,000 during the week ended Saturday (July 13), driven by temporary closures of automobile plants...

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Petco Names Former Five Below Chief Joel Anderson as CEO
Petco Names Former Five Below Chief Joel Anderson as CEO
July 17, 2024  |  Retail

Petco has named former Five Below CEO Joel D. Anderson as its new CEO and a member of its board of directors, effective July 29....

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HSBC Promotes CFO Georges Elhedery to Chief Exec
HSBC Promotes CFO Georges Elhedery to Chief Exec
July 17, 2024  |  Personnel

British multinational banking group HSBC has a new chief executive officer. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Five Below CEO Steps Down as Comparable Sales Slip
Five Below CEO Steps Down as Comparable Sales Slip
July 16, 2024  |  Retail

Five Below has announced a leadership transition, with Joel Anderson stepping down from his roles of president and CEO, and from the board of directors,...

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Salesforce Cuts 300 Jobs in Year’s Second Round of Layoffs
Salesforce Cuts 300 Jobs in Year’s Second Round of Layoffs
July 15, 2024  |  Personnel

Salesforce reportedly cut about 300 jobs in July after eliminating 700 roles earlier this year. Get the Full Story Complete the form to unlock this article...

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Citi Names Barclays Vet James Morris as UK Commercial Banking Head
Citi Names Barclays Vet James Morris as UK Commercial Banking Head
July 15, 2024  |  Personnel

Citi has a new head of commercial banking (CCB) for the United Kingdom. Get the Full Story Complete the form to unlock this article and...

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Specialty Retailers Step up Tech Stacks to Compete With Amazon
Specialty Retailers Step up Tech Stacks to Compete With Amazon
July 11, 2024  |  eCommerce

As specialty retailers look for ways to hold their own against Amazon’s growing lead, many are rethinking their tech efforts to be more competitive. Get...

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Intuit Cuts 10% of Staff Amid New AI Efforts
Intuit Cuts 10% of Staff Amid New AI Efforts
July 10, 2024  |  Personnel

Tax preparation software maker Intuit is cutting 1,800 jobs, or 10% of its workforce, and closing two locations. Get the Full Story Complete the form...

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