Tag

Corporate

All articles tagged with #corporate

politics1 month ago•7 min saved

Trump's 250th Celebration Attracts Sponsors Tied to Federal Business

CNBC found 14 companies backing both America250 and Freedom 250, including Boeing, Deloitte, Northrop Grumman, Oracle, and United Airlines. The analysis raises concerns about opaque donor structures and potential access to President Trump, since several backers have federal contracts or regulatory interests. Democrats have criticized the arrangement as diverting funds and creating a pathway for influence, while listeners note the dual sponsorship blurs lines between patriotic branding and policy interests in the Trump-led celebration.

via CNBC|

#america250 #corporate #freedom250

business3 months ago•12 min saved

Starbucks slashes 300 corporate roles as part of turnaround plan

Starbucks plans to cut about 300 corporate positions and close several U.S. offices as part of a broader turnaround effort to trim costs and streamline operations, affecting its Seattle headquarters and other corporate sites while continuing to focus on its store business.

via AP News|

#business #corporate #cost-cutting

business3 months ago•77 min saved

Walmart trims about 1,000 corporate roles amid restructuring, WSJ reports

Walmart is cutting or relocating roughly 1,000 corporate positions as part of a broader internal restructuring, according to a Wall Street Journal report.

via Yahoo Finance|

#business #corporate #layoffs

corporate5 months ago•9 min saved

Samsung Extends 12-Year Lead in Global Soundbar Market

Samsung Electronics remains the world’s top soundbar brand for the 12th consecutive year, capturing 21.5% of global soundbar revenue and 19.7% of unit volume in 2025 per Future Source. The announcement underscores Samsung’s two-decade leadership in home entertainment and previews a 2026 lineup—featuring the HW-Q990H flagship, the HW-QS90H all-in-one, and Bouroullec-designed Music Studio speakers—to deliver cinema-quality sound at home.

via samsung.com|

#corporate #future-source #global-sales

business6 months ago•4 min saved

Lowe's trims about 600 corporate roles to sharpen frontline focus

Lowe's is cutting about 600 corporate and support roles—less than 1% of its roughly 300,000-employee workforce—without touching store positions, as it shifts to strengthen frontline operations and leans into AI to reduce workloads; affected workers will receive severance, benefits, and career-transition support, while exact Charlotte-area numbers weren’t disclosed.

via Charlotte Observer|

#ai #business #corporate

business6 months ago•2 min saved

Amazon trims Washington workforce as AI-driven cuts accelerate

Amazon plans to lay off 2,198 Washington employees starting April 28, 2026—1,407 in Seattle, 626 in Bellevue, 30 in Redmond—plus 19 fulfillment-center and 116 remote staff—as part of a broader 16,000-job cut tied to AI-driven efficiencies; U.S. workers will have 90 days to seek internal roles, with severance offered if a transfer isn’t found.

via KOMO|

#ai #amazon #business

business6 months ago•6 min saved

Amazon trims 16,000 corporate roles as Seattle braces for closures

Amazon says it will cut 16,000 corporate jobs to streamline operations and free funds for AI investments, even after reporting strong earnings. The layoffs follow the closure of Amazon Fresh and Amazon Go stores nationwide, affecting about 401 Western Washington positions, and sparking concern about the local economic impact in Seattle.

via king5.com|

#amazon #business #corporate

business6 months ago•3 min saved

Amazon Trims 16,000 Corporate Roles to Speed Its AI Push

Amazon plans to lay off about 16,000 corporate workers as part of a ongoing effort to reduce bureaucracy and free funds for artificial intelligence investments. This is the second major round of cuts since October, bringing total corporate/tech reductions to roughly 30,000 (about 10% of that workforce). CEO Andy Jassy says the changes are about efficiency, not establishing a new quarterly layoff cadence, as Amazon sharpens its focus on AI and related infrastructure, including recent shuttering of the Fresh and Go ventures.

via CNBC|

#ai #amazon #business

business7 months ago•2 min saved

Amazon Nears Second Wave of Corporate Layoffs, Targeting Thousands

Amazon plans a second round of mass layoffs in the coming days, targeting thousands of corporate roles and pushing total cuts toward 30,000 since October as it aims to streamline operations and reset its culture; Jassy has said the October round was about cultural fit rather than cost or AI, with corporate employees around 350,000 out of roughly 1.5 million worldwide.

via Business Insider|

#ai #amazon #andy-jassy

television7 months ago•19 min saved

Haunted Birthday, Ghostly Guidance, and a Tender Pivot: Industry S4E2 Recap

In Industry Season 4 Episode 2, Henry Muck’s 40th birthday at a haunted country manor spirals into chaotic power plays among family, wife Yasmin, uncle Norton, and Whit as Henry contemplates a future with Tender. Ghosts (literally and figuratively) push him toward self-doubt and reckless behavior, including a violent altercation at a pub. A pivotal moment reveals Henry’s father’s true death, not suicide, and culminates in Henry deciding to pursue Whit’s “bank killer” Tender while hinting at a potential family plan with Yasmin as they drive away—leaving their relationship and Henry’s sanity on a tightrope. The episode blends trauma, legacy, and high-stakes finance as Yasmin navigates ambition and partnership amid the chaos.

via The Ringer|

#corporate #drama #family

general7 months ago•9 min saved

Mining Giants and Major Market Milestones

Rio Tinto and Glencore are in preliminary discussions about a potential merger, possibly involving an all-share deal, but no firm offer has been made yet, and the outcome remains uncertain.

via Rio Tinto|

#corporate #general #glencore

world7 months ago•0 min saved

US Secures Exemptions in Global Minimum Tax Agreement

The United States has secured exemptions from the new global minimum corporate tax rules, allowing it to avoid certain tax obligations under the international agreement aimed at setting a minimum corporate tax rate.

via Financial Times|

#corporate #exemptions #global-minimum-tax

business7 months ago•0 min saved

Investor Calls on Corporate Japan to Move Past Bubble-Era Trauma

An investor is urging Japanese corporations to move past the psychological and economic impacts of the bubble-era, encouraging a focus on future growth and stability.

via Financial Times|

#bubble-era #business #corporate

business7 months ago•1 min saved

Coca-Cola Plans 2026 Job Cuts at Atlanta Headquarters

Coca-Cola is laying off 75 workers at its Atlanta corporate headquarters as part of its restructuring efforts, with the company predicting a drop in profit this year.

via WSB-TV|

#atlanta #business #cocacola

business8 months ago•1 min saved

Shell M&A Chief Resigns After BP Bid Rejection

Shell's mergers chief has left the company after the CEO blocked a proposed bid for BP, highlighting internal disagreements over strategic acquisitions.

via Financial Times|

#bp #business #ceo