On Thursday, embattled ex-FTX CEO SBF pled not guilty to the latest federal charges, which he also does not acknowledge. Disgraced former FTX CEO Sam Bankman-Fried (SBF) recently pled not guilty to five additional federal fraud and bribery charges. SBF appeared in a New York federal court on Thursday to plead not guilty to the latest charges related to … Read more
Amazon is reducing costs and headcounts, considering the “uncertainty that exists in the near future” and the unstable economy. E-commerce giant Amazon (NASDAQ: AMZN) has announced the additional layoff of 9,000 workers extending its recent record job cuts. The company announced in January that it would dismiss some staff, no less than 18,000. Amazon noted … Read more
Meta is reportedly working towards additional layoffs that could impact another set of thousands of employees. This comes after the technology company laid off 13% of its workers in November 2022 as part of its cost-cutting efforts. On November 9, CEO Mark Zuckerberg said in a letter shared with Meta Platfroms’ staff that more than … Read more