Amgen will axe 450 jobs in its second round of layoffs
Biotech firm Amgen plans to cut 450 employees, or less than 2 percent of its workforce, in its second wave of job cuts this year.
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Tag: inflation
Cloud provider NetApp announces 960 job cuts
NetApp confirmed staff cuts affecting 960 jobs or eight percent of its global workforce.
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Companies are giving more pay rises to keep experienced workers
Those staying in their jobs for long are receiving the highest pay raises in decades, which adds more pressure on inflation.
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Sainsbury’s profits fall as it tries to keep prices low
Sainsbury’s half-year profits have fallen as the retailer attempts to keep prices low.
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Walmart cancels orders worth billions as it battles overstock
Walmart announced it has canceled “billions of dollars of orders” from suppliers to control the inventory load in its stores.
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