Businesses

Yo, fam! Grab your snacks because we’ve got some jaw-dropping news that will leave you shaken. It’s not just another regular day in the corporate world; it’s a FedEx bombshell that’s sending shockwaves across the globe.  You won’t believe your eyes when you hear this: FedEx, the delivery giant that’s been delivering your packages forever,

Hey there, folks! It’s no secret that the world can be a bit of a rollercoaster, especially regarding jobs and businesses. So, brace yourselves because we’ve got news about Joann Fabrics that’s been making waves lately. You might have heard some chatter about layoffs at Joann Fabrics, and we’re here to break it down for

Is Onsemi Laying Off Employees? In 2022, Onsemi, a semiconductor manufacturer, laid off around 88 employees. Not only this, but Onsemi also decided to close its Bay Area facility permanently. This decision follows a thorough review of their business. They aligned the workforce with their strategic goals. It is believed that affected employees had received

Trellix has laid off an unspecified number of employees, including at least two high-level executives. This includes chief revenue officer Adam Philpott, who has departed the company. After the security companies McAfee Enterprise and FireEye merged, the extended detection and response (XDR) business Trellix was born. “Living security,” or security technology, learns and adjusts to

Is Tellurian Going Out Of Business? Tellurian Inc. faced a setback when it withdrew a $1 billion high-yield bond sale. This move has cast uncertainty over the future of its U.S. natural gas export project. Remarkably, as of the end of the third quarter, the company held $210.8 million in cash and carried no debt.

Currently, WeWork is not on the verge of going out of business. But substantial concerns exist about its future—particularly its role in the commercial real estate landscape. As of December 2022, an SEC filing reported that WeWork operated a vast 43.9 million rentable square feet globally. Along with 18.3 million of it located in the

Are there Dana layoffs? Dana is a leading provider of fully integrated drivetrains and electrified propulsion systems for all passenger vehicles. Recently, Jeff Cole, the senior director of corporate communication for Dana, announced layoffs. The company has temporarily laid off 240 workers from its Fort Wayne facility. These layoffs follow the United Auto Workers (UAW)