Silicon Valley firms are facing the music, cutting several hundred thousand jobs after years of incredible growth. Economists are divided over whether the US economy is heading for recession and soaring unemployment. First a trickle,...
Google parent Alphabet said that the layoffs were due to a “changing economic reality” and that hires had been made during times of growth. The move follows similar cuts at Microsoft, Amazon and Twitter. Google...
The US industrial giant – General Electric has slashed its dividend in half amid plans to significantly retool the conglomerate on the back of annual profit projections that were well below what investors had been...
Auto maker Ford has said it will work hard to make its brands easier to identify by potential customers around the globe. The company believes a unified design concept can also help boost sluggish European...