“This is not what is happening here.” Affected employees will have the option of remaining and communicating with their teams until the end of the week, the CEOs said. “This is different to a financially-driven reduction, where you would look to make ‘broad-based cuts’ – for example, a 10% cut equally distributed across every org within the company,” they wrote. In a blog post, co-founders and co-Chief Executives Mike Cannon-Brookes and Scott Farquhar said that the cuts will be focused on recruiting, program management and research, and that savings will be reinvested in other areas of the company. TEAM announced Monday it will lay off 500 workers, about 5% of the company, as cutbacks in the tech sector continue. ‘Bay Area, Seattle and New York are losing million-dollar homes fastest.’ But in other cities, high-end properties are holding their value. Self-driving truck startup Embark says it may go bust, shares plunge 33% ‘Am I being preyed upon?’ After my mother died, my cousin took her designer purse, and my aunt snatched her artwork - but then things really escalated ‘We don’t treat humanitarian crises the same way’: Donating to Syria earthquake victims is challenging, despite easing of U.S.

‘I don’t have any other debt’: I have $40,000 in student loans, but saved $70,000 due to deferred payments. Job postings offering hybrid work have tripled since 2019 - here’s how many people are still working from home Man accused of trying to open door on United flight to Boston, attacking crew

Hyundai supplier PHA plans $67 million Georgia plant, 400 jobs Meta poised to cut thousands more jobs in new round of layoffs: report Australia’s central bank announces 10th rate hike but sounds less hawkish

No mod option in capitalism ii