Chris Caso, CLSA, breaks down Intel's quarterly numbers and weighs in on the company's growth plan as the PC has "failed to evolve."
Layoffs by U.S. employers ticked up in June, but total payroll reductions for 2016 are trailing off, Challenger, Gray & Christmas reports.
Tesla, Micron and Nike are making headlines this Friday morning on Wall Street.
Seagate Technology said it would cut about 1,600 jobs, or 3 percent of its workforce, as the company looks to rein in costs amid waning demand.
The bank confirmed that it will shut a quarter of its German branches as it cuts costs and revamps retail banking.
The retail giant plans to cut hundreds of accounting and invoicing jobs at 500 US stores.
The bank is planning to reduce headcount at its retail branches and reinvest into the sales force.
As many as 8,000 jobs are set to go at Bank of America's consumer arm as the digital banking revolution reduces the need for staff and bank tellers.
Oil and Gas UK claims a large number of workers in the industry and those that rely on the sector have lost their jobs due to the prolonged crude rout.
Shares of SodaStream gained after reports that Keurig was discontinuing its Kold product line and laying off employees.
U.S.-based employers announced the fewest layoffs in five months in May as job cutting fell significantly across several sectors.
London Stock Exchange Group said its planned $30 billion merger with German rival Deutsche Boerse could result in 1,250 job cuts across the combined group.
After deep cuts at big banks to begin 2016, there’s a hint of optimism in executives’ tone.
The oil and gas giant is now planning to increase the number of layoffs by 20-percent.
The software giant announces another round of layoffs as smartphone sales continue to fall.
Europe's largest bank aims to cut a total of 8-thousand jobs in Britain by the end of 2017 as part of its restructuring efforts.
Construction company Saudi Binladin, founded by Osama bin Laden's father, reportedly laid off 50,000 staff, as cheap oil spurs government spending cuts.
As companies announce layoffs in conjunction with earnings, investors should pay more attention to revenue, according to one expert.
The oilfield-services company disclosed it cut six thousand jobs in the quarter ended March 31.
Halliburton said it cut more than 6,000 jobs in the first quarter and said it would hold its earnings conference call on May 3 instead of April 25.