BusinessVietnam shoemaker PouYuen to lay off 6,000 workers amid plummeting demandAgrippaSU@eMAvubo2ETRu_R0hPetrovaMay 15, 2023May 15, 2023 May 15, 2023May 15, 2023 One of Vietnam’s leading shoe manufacturers, catering to brands like Nike Inc and Adidas AG, announced plans to...
BusinessShopify cuts workforce by 20 percent, sells logistics arm to Flexport for equity stakeAgrippaSU@eMAvubo2ETRu_R0hPetrovaMay 4, 2023May 4, 2023 May 4, 2023May 4, 2023 Shopify has announced plans to reduce its workforce by 20%, impacting over 2,000 employees, and has agreed to...
BusinessWall Street faces staffing cuts as Morgan Stanley plans to eliminate 3,000 jobsAgrippaSU@eMAvubo2ETRu_R0hPetrovaMay 3, 2023May 3, 2023 May 3, 2023May 3, 2023 As the slump in Initial Public Offerings (IPOs) and mergers on Wall Street continues to deepen this year,...