August 07, 2026 Tech layoffs August update: Google, TikTok, Etsy, Zillow slash hundreds of roles as job losses pile up in 2026 BY Michael Grothaus August is only one week old, but the month has already seen layoffs at a number of high-profile tech companies. But worse, according to data from a popular layoff-tracking website, the … Continue reading Tech layoffs August update: Google, TikTok, Etsy, Zillow slash hundreds of roles as job losses pile up in 2026
Penn Entertainment narrows Q4 losses as bets reshape strategy after costly partnerships Suswati Basu News Editor Penn Entertainment closed out 2025 with a noticeably smaller loss, buoyed by stronger showings at its brick-and-mortar casinos and a long-awaited breakthrough in its online division. For the quarter ending December 31, revenue climbed to $ 1.81 billion, … Continue reading Penn Entertainment narrows Q4 losses as bets reshape strategy after costly partnerships
Bragg Gaming Group announces strategic restructuring, including job losses Sophie Atkinson Suswati Basu Bragg Gaming Group will be undergoing a strategic restructuring, with a reduction to around 12% of its global workforce. The company says these changes, including the staff reductions, have been designed to “realign the organization” and “thereby improve its … Continue reading Bragg Gaming Group announces strategic restructuring, including job losses
By Michael Grothaus November 10, 2023 Update Friday, November 10: Job losses have continued at a number of tech companies in November, according to the latest stats from the online tracker Layoffs.fyi. Here are a few of the notable companies that have made significant staff cuts. Nextdoor The neighborhood-focused social platform said in its … Continue reading Tech layoffs update: Job losses continue in November
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
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
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
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 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
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
