Wells Fargo plans big job cuts as rumors swirl on whether CEO will keep his post
5 monthes ago - By Biz Journals
Wells Fargo CEO Tim Sloan said Thursday that the bank will cut more than 10,000 jobs over the next three years through layoffs and attrition.
The San Francisco-based bank will shed 5 percent to 10 percent of its workforce, which now stands at about 265,000.
Wells did not disclose where the cuts will occur, geographically or operationally. Wells Fargo is metro Atlanta's third-largest bank ranked by deposits, with deposits of $30.6 billion in the metro Atlanta area as of June 30,...
Read more ...Layoffs loom at Under Armor as 400 workers face job cuts
5 monthes ago - By Fast Company
The apparel brand has struggled over the last year or so in the face of stiffer competition.
Embattled apparel brand Under Armor said today it will lay off 3% of its global workforce, about 400 people, in a restructuring bid aimed at streamlining its operations. The Baltimore-based company also updated its 2018 outlook, saying it now expects losses of $60 million, compared to the previously estimated range of $50 million to $60 million.
Read more ...
The headlines of Business Mag
HOLD FAMILY A multiplayer network game for families
Spend more time with your family and less with your phone with the Hold Family app made by us! :)
SØVN Modern sleep tracking study
The Søvn app is a modern sleep tracker made by us for Bryggen Research AS! #mobile #iOS #android #portfolio
SØVN Modern sleep tracking study
The Søvn app is a modern sleep tracker made by us for Bryggen Research AS! #mobile #iOS #android #portfolio
This $14 wallet is my trick to staying organized while traveling - and it...
The Insider Picks team writes about stuff we think you'll like. Business Insider has affiliate partnerships so we get a share of the revenue from your purchase. I will do...
Virgin Galactic just rocketed its first passenger past the edge of space...
Virgin Galactic, the space tourism company founded by Richard Branson , launched its first passenger past the edge of space on Friday. Beth Moses, Virgin Galactic 's chief...
Everything to know about the Florida spa at the center of the Robert Kraft...
A day spa in Florida has become the center of a massive prostitution and human trafficking bust involving multiple spas and massage parlors. Orchids of Asia Day Spa in Jupiter...
Briq, the next building block in tech's reconstruction of the construction...
Bassem Hamdy has been in the construction business for a long time. He spent the last few years at the construction software business Procore , now a $3 billion dollar company...
Trump's fight against Amazon is looking bleak as a major USPS partner...
USPS lost a big partner this week when Stamps.com terminated their long-standing exclusive arrangement with the postal service. In the call where he announced the end of the...
Twitter co-founder Ev Williams has stepped down from the $24 billion...
Twitter cofounder and former CEO Evan Williams will step down from the public company's board of directors, the company announced Friday . “It's been an incredible 13 years...
A group of Microsoft employees are demanding the company ditch a US Army...
A group of Microsoft employees are protesting the company's $749 million contract with the US Army. The contract involves providing HoloLens augmented reality tech for...
I wasn't sure Everlane was worth the hype until I tried these sweaters
The Insider Picks team writes about stuff we think you'll like. Business Insider has affiliate partnerships, so we get a share of the revenue from your purchase. I kept hearing...
Everything you need to know about the Trump administration's new 'domestic...
President Donald Trump's "gag rule" policy to prohibit family planning clinics that provide abortion services or referrals from receiving $286 million in federal funding under...
YouTube is facing another brand-safety crisis, and agencies see it as an...
Big brands like McDonald's, Nestlé and AT&T pulled their ad spend this week with YouTube after they found ads running next to videos with inappropriate comments. YouTube this...