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Tag: layoffs

Berenberg Eyes Expansion in The UK, Germany

The Hamburg-based private bank Berenberg outlined expansion plans in both the UK and Germany, according to financial results published today (Monday). The 433-year-old bank aims to increase...

Max Faldin, CEO/Founder Silverbird – FinTech Silicon Valley

TranscriptionPemo: Welcome. So great to meet you finally, Max, and what an incredible entrepreneur startup history you have behind you and in front...

Block Stuns with Q4 Earnings Beat, Shares Skyrocket

Shares of financial services company Block Inc. (NYSE: SQ) jumped as much as 14% during after-hours trading on Thursday following the release of better-than-expected fourth quarter financial...

Nium is the Sole Asian Fintech on the Latest Forbes Fintech 50 List – Fintech Singapore

In its ninth annual Fintech 50 list, Forbes has spotlighted its key contributors to the fintech sector, and Singapore-headquartered payments firm Nium has been...

JumpCloud’s Q1 2024 SME IT Trends Report Reveals AI Optimism Tempered by Security Concerns

PRESS RELEASELOUISVILLE, Colo. — JumpCloud Inc., today announced the findings from its Q1 2024 small to medium-sized enterprise (SME) IT Trends Report, “State of IT...

Admirals, Hut8, Saxo Markets and More: Executive Moves of the Week

This week has been notably exciting, marked by a significant uptick in executive appointments across the forex, crypto, and fintech sectors. This trend highlights...

Disney Invests $1.5B in Epic for New Metaverse Venture

Disney makes a significant entry into the gaming and metaverse industries with a $1.5 billion investment in Epic Games for a new “persistent universe.”  Also...

NASA’s Jet Propulsion Laboratory to lay off more than 500 employees – Physics World

NASA’s Jet Propulsion Laboratory (JPL) has announced it will reduce its permanent workforce by roughly...

Gen AI Sparks Job Loss Concern in the Entertainment Industry

A CVL Economics survey reveals that 36% of entertainment executives who use generative AI believe that their staff members no longer require specialized skills...

Nubank on Track to Achieve $1B Annual Profits, CEO Says

The $42 billion Brazilian fintech startup Nubank has laid out ambitious plans to become the biggest financial services provider in Latin America, according to an interview with...

Breaking: CMC Markets to Reduce 17% Staff

CMC Markets (LON: CMCX) announced today (Monday) its decision to reduce its headcount by 17 percent, which constitutes about 200 positions in the company....

The Greatest Distraction and Value Destroyer Ever – The Defiant

Keep up with crypto with The Defiant founder Camila Russo blending essential news and key updates with her own personal insights on this episode.📺...

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