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Bank of America Securities analyst Jason Zemansky downgraded Keros Therapeutics, Inc. (NASDAQ:KROS) from Buy to Neutral, ...
Tariffs are likely to bring some manufacturing back to the U.S., but the import taxes are more likely to benefit nearby ...
Many companies lumped layoffs in with larger cost-cutting strategies. Some have cited artificial intelligence as a factor in headcount adjustments.
Citigroup to cut 3,500 tech jobs in China as part of global restructuring targeting 10% workforce reduction. Layoffs show ...
A slew of major global banks are under fresh pressure to trim costs against the backdrop of deteriorating global economic ...
TD Bank, one of Canada’s financial institutions, has revealed plans to reduce its workforce by approximately 2%, affecting around 2,000 employees, as part of a broader restructuring effort ...
TD Bank's (NYSE:TD) restructuring plan includes ... including the savings from the workforce reduction. The company's Q2 adjusted earnings did not include the restructuring charges and other ...
he had reduced his position over the past few quarters and thus the continued reduction does not come as a total surprise. One potential reason why Buffett has reduced his Bank of America position ...
JPMorgan has been in growth mode for several years. With market volatility and the rise of AI, leaders want to get more from less.
The Federal Reserve is planning to reduce the workforce at the central bank by 10% over the next ... MORE FREQUENT 'SUPPLY SHOCKS' The workforce reduction program will also include a voluntary ...
the scale of the reduction—potentially impacting over 20% of the FDIC’s roughly 6,000 employees—underscores the depth of the restructuring. The Workforce Optimization Initiative, a ...
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