Chime cuts 10% of its workforce as AI-driven restructuring aims to improve efficiency, streamline operations, and accelerate business growth.
Browsing: Economy
Visa to cut 2,600 jobs globally as the payments giant restructures operations, boosts efficiency, and invests in AI-driven growth.
The media company is laying off 180 employees across Buzzfeed, Huffpost, and Tasty following major financial losses.
Porsche will cut 9,000 jobs by 2035 amid Volkswagen restructuring, weak China sales, EV challenges, and rising competition
Patreon cuts 20% of its workforce as CEO Jack Conte cites AI-driven industry changes and company restructuring.
Spain’s $50 million FIFA World Cup 2026 prize could face U.S. taxation, raising questions over international athlete tax obligations
Discover how the Zentheon uses AI-driven entrepreneurship to empower SMEs, boost innovation, and transform global economic development
Trump’s 25% tariffs on Brazil spotlight Pix, the government-backed payment app, intensifying U.S.-Brazil trade tensions over digital payments
Intel plans fresh layoffs in its Data Center Group despite business improvements, extending a restructuring that has eliminated 40,000 jobs.
A resurfaced podcast clip shows Zuckerberg praising Elon Musk’s Twitter layoffs, highlighting lean management and Meta’s efficiency strategy.
Amazon will close its Port St. Lucie facility, affecting 494 workers, while major renovations, modernization projects prepare for reopening
Gen Z is redefining careers through portfolio jobs, freelancing, nonlinear paths, prioritizing flexibility, growth, multiple income streams
A plan to put the sitting president’s face on legal tender sparks fierce debate over historic currency laws.
A new report by the real estate corporation Corcoran Group mentioned that rents skyrocketed in June as the ongoing housing shortage led to intense competition.
SK Hynix shares fell 15% after a strong Nasdaq debut as investors weighed valuation concerns, AI chip demand, and profit-taking.
Explore how Trump Accounts and philanthropic capitalism could expand wealth ownership while addressing inequality in America.
Indian American Xbox executive Asha Sharma is facing fierce backlash after joining a Federal Reserve advisory task force
The sudden departure of the anti-establishment populist disrupts a critical race to challenge long-serving Republican Sen. Susan Collins.
Discover why global companies are choosing India for GCCs, driven by tax incentives, skilled talent, lower costs, and supportive policies.
Survey reveals Indian tech professionals returning from the US face lower salaries, intensified competition amid visa uncertainty.
Explore how entrepreneurs and SMEs fuel innovation, job creation, and long-term economic prosperity beyond traditional economic theories
Toyota will invest $3.6 billion in a new Texas plant, shifting Tacoma truck production from Mexico and creating 2,000 jobs.
Nearly one million $TRUMP memecoin investors lost $3.8 billion, while a small group of traders gained nearly $4 billion.
Gold has surpassed U.S. Treasuries as the world’s largest reserve asset, with 89% of central banks expecting global gold reserves to rise.
Microsoft deploys 6,000 employees to help businesses adopt AI faster through its new $2.5 billion enterprise AI initiative.