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Layoffs threaten asset managers
The top finance stories for August 11, including the latest news on layoffs coming for asset manage…
Dan DeFrancesco
Silicon Valley venture capitalist Bill Gurley said he 'hates' small rounds of layoffs: 'You get 100 percent of the pain and very little gain'
In a podcast interview, venture capitalist Bill Gurley said layoffs between five and 10% don't give…
Britney Nguyen
Millennials are snapping up Tesla after its layoffs
The stock topped out above $387 on August 7, when Musk tweeted that he had "funding secured" to tak…
Ethel Jiang
More layoffs at SoftBank-backed companies, Salesforce faces questions, and another alt-data shakeup
Now, on to the news: SoftBank has a big problem, and WeWork was just the tip of the iceberg. In the…
Lucia Moses
Robinhood challenger Freetrade, which has raised millions for its fee-free trading app, acknowledged a high attrition rate after 22 staff departed in 2019
"There's always the risk that too much capital could lead to more aggressive growth and therefore l…
Callum Burroughs,Callum Burro…
Layoffs, cratering stocks, and blown-up deals: 11 experts take us inside the cannabis industry's meltdown and tell us where the industry goes from here
The story of the industry's rise and stumble, cannabis industry executives and experts say, goes so…
Jeremy Berke
Gen Zers are investing their way out of the 9-to-5
Move over, lazy girl jobs. Gen Z women are turning to the stock market to get rich.
Emilie Friedlander
It's sentencing day for Sam Bankman-Fried
Bitcoin is booming, but a piece of its darker past is back in the spotlight.
Dan DeFrancesco
I was laid off twice and ghosted more times than I can count. After heading down a dark spiral, here's how I bounced back.
Alex Cheney was laid off from two recruiting roles in a year. After getting ghosted for most of the…
Robin Madell
Wall Street's succession summer
From Morgan Stanley to Lazard to JPMorgan, questions about Wall Street's succession intrigue stand …
Kaja Whitehouse
BRUTAL-JOB-CUTS JANUARY: More than 55,000 tech workers are being laid off as Microsoft, Google, and others make deep cuts
Microsoft, Google, and Salesforce have already announced they're letting go of thousands of employe…
Sindhu Sundar
853 tech firms lay off over 137,492 workers globally, more job cuts coming
As more and more companies across the spectrum sack employees amid the global meltdown, at least 85…
Over 32K tech workers fired in US, more than 11K in India this year
More than 32,000 tech workers have been laid off in the US till July this year, including at Big Te…
Walmart lays off 200 corporate employees amid rising inflation
Retail giant Walmart has laid off at least 200 corporate employees as the economic downturn takes i…
I got laid off by Microsoft after 3 months of work. Now I'm scrambling for a new job to take care of my mom.
Tiana Watts-Porter is a 25-year-old tech recruiter who started at Microsoft in May. The company jus…
Fortesa Latifi
10 Things in Tech: Amazon Web Services salaries, Elon Musk returns to Tesla, and a ‘secret’ ChatGPT prompt library
In today's edition: Redditors share the least stressful six-figure jobs, Apple is behind with Siri,…
Diamond Naga Siu
US stocks end lower to cap off losing month of February
The S&P 500 ended February in the red as inflation remains stubbornly high for the Fed's comfort le…
Carla Mozée
10 Things in Tech: Earnings week woes
In today's edition, we've got insight on why some Big Tech earnings fumbled, and a look at a really…
Jordan Parker Erb
Elon Musk has given us a glimpse into his plans for increasing Twitter's revenue
From charging for verification to cutting staff, Elon Musk has given us a glimpse into his plans fo…
Jordan Parker Erb
Twitter goes after Elon Musk's social circle
The biggest story in tech right now is that Twitter just subpoenaed a handful of investors, entrepr…