Peloton CEO steps down as company cuts 15% of staff
Related Articles
-
Tesla fires employee who ‘slept in parking lot’ during layoffs slashing 10% of staff
Laid-off employee slept in parking (Third column, 12th story, link) Related stories:Musk deepens 'hardcore' job cuts at TESLAHead of Human Resources Exits as Staff Upheaval Spreads
-
Yahoo Singapore Shifts Focus, Cuts Editorial Staff and Embraces Content Curation
Yahoo Singapore has laid off editorial and social media staff due to a strategic adjustment, focusing on content curation.
-
U.S. Fed to meet amid dwindling hopes of summer rate cuts
WASHINGTON — The U.S. Federal Reserve is highly likely to keep interest rates unchanged later this week, as policymakers contend with a recent uptick in inflation that has sharply cut the chance of a summer start to interest rate cuts. The Fed's decision to hike interest rates and then hold them at a 23-year high has helped to significantly lower elevated inflation, although it remains stuck firmly above the U.S. central bank's long-term target of two percent.