Tag Archives: Losses

Meta mass layoffs: Latest round of job losses hits Facebook, Instagram parent company

  By Michael Grothaus May 24, 2023 Updated Wednesday, May 24: Meta Platforms has begun what is expected to be its final round of large layoffs this year, according to reports in Reuters and elsewhere, and posts on social media. The job cuts, part of Mark Zuckerberg’s “year of efficiency,” were expected, as the CEO … Continue reading Meta mass layoffs: Latest round of job losses hits Facebook, Instagram parent company

Meta mass layoffs: Another round of job losses will reportedly hit Facebook, Instagram, WhatsApp

  By Michael Grothaus April 19, 2023 Meta Platforms is expected to announce a third round of layoffs today, according to reports from Vox and Bloomberg. The layoffs follow two previous rounds of job cuts at Meta, which laid off 11,000 employees back in November and, just last month, announced that an additional 10,000 employees … Continue reading Meta mass layoffs: Another round of job losses will reportedly hit Facebook, Instagram, WhatsApp

Peloton stock price jumps: CEO touts ‘epic comeback’ amid narrowing losses

  By Michael Grothaus February 01, 2023 The beleaguered fitness company Peloton Interactive, once one of the hottest stocks of the pandemic, has revealed its second-quarter results for the fiscal year 2023. Announcing the results, Peloton CEO Barry McCarthy said, “If you’ve been wondering whether or not Peloton can make an epic comeback, this quarter’s … Continue reading Peloton stock price jumps: CEO touts ‘epic comeback’ amid narrowing losses

Peloton stock in danger of losing its Amazon bump as losses widen

By Michael Grothaus August 25, 2022     It’s been a tough week for quite a few big-name stocks. (Here’s looking at you Zoom and AMC.) Unfortunately, the trend continued on Thursday—this time with indoor bike maker Peloton Interactive. The stock is sinking in pre-market trading after the firm reported disappointing Q4 2022 results. Here’s … Continue reading Peloton stock in danger of losing its Amazon bump as losses widen

Nio Reports Significant Quarterly Losses Due To China’s Covid Lockdowns

Nio Reports Significant Quarterly Losses Due To China’s Covid Lockdowns ValueWalk / 09 Jun 2022   COVID-19 lockdowns in China have played a major role in Nio Inc (NYSE:NIO)’s first-quarter losses of $ 281.2 million from $ 68.8 a year ago. Factory shutdowns hampered the company’s output during the first five months while demand for … Continue reading Nio Reports Significant Quarterly Losses Due To China’s Covid Lockdowns

Reduce Financial Losses With Blacklisting

by Lucas Dominic May 30, 2016 Follow @LucasJankowiakMay 30, 2016 Online businesses that process e-payments need to pay attention to fraudulent activities and keep an eye on reducing financial losses. How blacklisting can help you protect customers? Identity theft is basically posing as another person for stealing their social security number or credit card details … Continue reading Reduce Financial Losses With Blacklisting

A Real Website Transfer Checklist to Minimize Traffic Losses

by John Lincoln April 15, 2016 Follow @johnelincolnApril 15, 2016 Website transfers are tricky and they can be devastating if done incorrectly. To avoid any unnecessary drops in traffic and the painstaking recovery process that inevitably follows those kinds of drops, plan your website transfer carefully. Here are my best tips for a website transfer … Continue reading A Real Website Transfer Checklist to Minimize Traffic Losses