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Employees will also receive an additional 28.5% bonus on top of the 20% bonus they received in March. Motional has asked employees to alert the company if they find a new job before July 6 in ...
3G Capital is a global investment firm and private partnership built on an owner-operator approach to investing over a long-term horizon. [1] Founded in 2004, 3G Capital evolved from the Brazilian investment office of Jorge Paulo Lemann, Carlos Alberto Sicupira, and Marcel Herrmann Telles. 3G Capital is led by Alex Behring, Co-Founder and Co-Managing Partner, and Daniel Schwartz, Co-Managing ...
Eliminated around 60 jobs across the U.S. in Los Angeles, New York, and Austin in addition to layoffs in international markets. The affected roles, according to NPR’s initial reporting, are ...
Tech layoffs bottomed out in September 2023. In that month, Layoffs.FYI counted just 4,707 tech layoffs across 65 total known cuts. Those figures rose throughout the final months of the year ...
The Los Angeles Times also has undergone layoffs in recent months. The Times cut more than 100 staffers — roughly 20% of the newsroom — in March, citing heavy financial losses.
It wasn't supposed to turn out like this. When 3G Capital and Berkshire Hathaway arranged the food industry mega-merger of Kraft and Heinz back in 2015, the newly formed Kraft Heinz was to serve ...
Layoffs have become the de facto norm in an industry continually pummeled by seismic change. In 2023, news outlets slashed nearly 2,700 jobs — the highest number of cuts to torment the industry ...
TikTok is one of the latest companies to be hit by layoffs sweeping across tech industry over the past year. A spokesperson from the short-form video platform told NPR that the company laid off ...