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1,250 results
1d
Funding winter: Peak XV, Temasek-backed Fi will cut 10% staff to preserve cash runway for 2 yrs
Last valued at $520 million in July 2022, the neobanking company registered revenues of Rs 67 lakh in FY20, Rs 1.27 crore in ...
Hosted on MSN1mon
Temasek cuts losses on TSMC stake as Buffett makes a US$4.1 billion bet top chip maker will come good, SEC filings show
Temasek cut its holding in the chip maker last quarter as the stock slumped while Berkshire made a US$4.1 billion bet Like Bridgewater, Temasek made a new bet on fast-food chain Yum China and ...
Wall Street Journal21d
Walmart Cuts Starting Pay for Some New Hires
Wages are outpacing inflation, driven largely by pay gains for low-income workers. Those gains have helped close the gap between blue- and white-collar workers. WSJ explains what is driving the ...
TheStreet.com17d
New Worker Worry: Pay Cuts, Not Layoffs
Three or four years ago, people had two job concerns — getting laid off or not getting raises fast enough. Now many face a new concern — a pay cut. Three or four years ago, people had two job ...
Inshorts1d
Peak XV-backed Fi to fire 10% staff to preserve cash: Report
fi backed by investors like peak xv and temasek told employees in a townhall that its laying off 10 staff to preserve cash to ...
Yahoo News1mon
Make CEOs Take Pay Cuts
It was an interesting bit of timing: On February 7, Nintendo announced that it would institute a 10 percent pay raise for its employees. Consider where this bit of good news landed amid the calendar ...
Nasdaq20d
How Significant Are Walmart’s Pay Cuts?
Oh, how things can change in a couple of years! In September 2021, I wrote a piece drawing investors’ attention to a story that was in danger of getting lost on a jobs report day: Walmart (WMT ...
al.com20d
Walmart cuts pay for some new employees
Walmart is cutting the pay for some of its new hourly workers. The nation’s largest private employer is changing its pay scale for some new entry-level hires, such as those who gather items for ...
New York Post21d
Walmart cuts starting pay for some new hires to ‘allow for better staffing’: report
Walmart is paying some new store workers less than it would have three months ago, the Wall Street Journal reported Thursday. According to documents reviewed by the Journal, the retail bellwether ...
Yahoo Finance1mon
Offering employees pay cuts to stave off layoffs might be easier said than done
Offering employees pay cuts in lieu of layoffs seems like a win-win situation for organizations and their workers. Or at least it looks good on the surface. A recent working paper published in the ...
New York Post1mon
Walmart asks pharmacists to take pay cuts, work fewer hours to reduce costs
Walmart is asking some of its 16,000 pharmacists across the US to voluntarily take pay cuts and reduce their working hours in a bid to reduce costs, a person familiar with the matter told Reuters.

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