Corporate Management

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Meta Tightens Performance Reviews, Expanding Low-Performer Quotas to 20%

The company directs managers to identify up to 20% of employees as underperformers, continuing its cost-cutting and workforce reshaping strategy.

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UnitedHealth Faces Leadership Shakeup and DOJ Probes Amid $280 Billion Stock Wipeout

JPMorgan Chase Implements Hiring Slowdown and AI-Driven Workforce Cuts

Samsung Workers Secure Wage Hike, End Year-Long Protest at Chennai Plant

Moët Hennessy Grapples with €1.5 Billion Loss and Strategic Overhaul

Study Links Left-Handed CEOs to Greater Innovation and Higher Returns

Kalle Friz Named Managing Director for Universal Pictures Germany and Austria

T-Mobile's Q1 Earnings Beat Overshadowed by Subscriber Growth Miss

Intel to Announce 20% Workforce Reduction in Major Restructuring

Elon Musk Signals Exit from DOGE as Savings Targets Dwindle

Russia Seizes U.S.-Owned Glavprodukt to Supply Military Rations

Hyundai Confirms U.S. Launch of Redesigned Palisade SUV for Late 2025

IRS Implements 25% Workforce Reduction During Tax Season

Tesla's Software Chief David Lau Steps Down After 13 Years

John Wood Group to Restate Financial Results Amid Governance Failures

Apple Reportedly Promotes Vanessa Trigub to New VP Role in Retail Leadership Restructuring

Nio Faces Delivery Shortfalls and Widening Losses in Q4 2024

Morgan Stanley Plans to Lay Off 2,000 Employees in Cost-Cutting Push

Apple Grapples with Siri Delays and AI Challenges

Kohl's Faces Financial Turmoil as Sales and Stock Plummet