Netflix Inc. announced a layoff of about 300 people on Thursday, its second significant staff reduction in recent weeks. “Today we sadly let go of around 300 employees,” a Netflix NFLX, -0.22% spokesperson told MarketWatch. “While we continue to invest significantly in the business, we made these adjustments so that our costs are growing in … Read more
Donna Probes Writing a business plan is one of many important steps an owner needs to take before launching a new business. For most of my SCORE clients, this step is by far the most intimidating. But once the task is done, everyone agrees that their plan played a major role in their ability to … Read more
Prologis Inc. is expanding its considerable reach in industrial real-estate as enthusiasm in the market is starting to recede and the tight capacity that has driven up leasing prices shows signs of opening up. Developers say they are seeing tenant demand cool after several years of red-hot appetite for warehouse space during the Covid-19 pandemic, … Read more
Peloton Interactive Inc. is exchanging its top finance executive about four months after it named a new chief executive, a move that comes as the fitness-equipment maker navigates persistent losses. The New York-based at-home exercise equipment company on Monday said Liz Coddington will serve as its chief financial officer, effective June 13. Peloton said its … Read more
Goldman Sachs Group Inc. GS 0.75% has delivered on its financial promises. Investors remain unimpressed. When the bank updated its corporate strategy in a January 2020 presentation to investors, it set new goals for how profitably it uses shareholder money. Goldman said it would target a return on equity of 13% to 14% within the … Read more
A Fidelity Investments subsidiary, launched a few years ago to let institutional investors store and trade bitcoin, plans to double its head count this year as it predicts rising demand for cryptocurrency amid market volatility. Fidelity Digital Asset Services LLC plans to hire 110 tech workers, including engineers and developers with blockchain expertise, to build … Read more
1,000 Employment Initiative Contracts for Customs and Valenciennois Updated 03/05/2022 Georges-François Leclerc, prefect of the North, and Christian Poiret, president of the North Departmental Council, met this morning in Denain more than 200 representatives of Customs and Valencian companies to announce the implementation of 1,000 employment initiative contracts ( CIE) on the territory of the … Read more