Articles for Company Weeks

Big Lots sale to Nexus falls apart, raising likelihood business will close
4 days, 18 hours ago

Big Lots sale to Nexus falls apart, raising likelihood business will close

LA Times  

Bankrupt retailer Big Lots Inc. no longer anticipates it can complete its asset sale to private equity firm Nexus Capital Management and will beginning selling its stores in coming days to protect the value of its real estate. “We all have worked extremely hard and have taken every step to complete a going concern sale,” said Bruce Thorn, Big Lots’ …

Company Deal Bloomberg Big Big Lots Nexus Resnick
What OpenAI whistleblower revealed about company weeks before his death
Trending News
1 week, 1 day ago

What OpenAI whistleblower revealed about company weeks before his death

India Today  

Suchir Balaji, a former researcher at OpenAI, was found dead in a San Francisco apartment in late November. In an interview with The New York Times in October, just weeks before his death, the 26-year-old researcher accused OpenAI of using copyrighted material without authorisation to train ChatGPT. He claimed that Sam Altman’s company sourced vast amounts of digital data from …

Data Ai His Death Openai Balaji Company Weeks
Jaguar reveals sleek new concept car ‘Type 00’ weeks after confusing rebrand. Watch
2 weeks, 6 days ago

Jaguar reveals sleek new concept car ‘Type 00’ weeks after confusing rebrand. Watch

Hindustan Times  

British carmaker Jaguar, which has been widely criticised for its recent rebrand, has shared the concept design of its upcoming all-electric car called “Type 00" in a new video. Automakers use concept vehicles to gauge customer interest in a design and Jaguar is expected to produce several new electric vehicles over the coming years. The new concept vehicle comes close …

Car Jaguar Concept Video
GE layoffs: 1,000 jobs to be cut in LM Wind Power, Indians may be hit as well
8 months, 3 weeks ago

GE layoffs: 1,000 jobs to be cut in LM Wind Power, Indians may be hit as well

Hindustan Times  

GE layoffs: General Electric is planning to cut 1,000 jobs in LM Wind Power, its renewable energy business, Moneycontrol reporting citing an internal communication. The downsizing could begin in the coming weeks while the talks started in January when GE Renewable Energy's LM Wind Power business CEO Olivier Fontan told employees that the company planned to be a leaner over …

India Job Wind Power Denmark Ge Layoffs Olivier Fontan
Intel to lay off 235 employees over two weeks in the US
1 year ago

Intel to lay off 235 employees over two weeks in the US

Live Mint  

Santa Clara-based IT major Intel Corporation is set to undertake its fifth round of job cuts from December 31, 2023. The company will lay off around 235 employees at its research and development facility in Folsom, Sacramento County over two weeks, as per the Hindustan Times. “Intel is working to accelerate its strategy while reducing costs through multiple initiatives, including …

India Company Intel
Two weeks since the Optus outage, documents show backroom scrambling and urgent meetings occurred as the emergency played out
1 year, 1 month ago

Two weeks since the Optus outage, documents show backroom scrambling and urgent meetings occurred as the emergency played out

ABC  

In the two weeks since Optus suffered a devastating nationwide outage of its mobile and internet services, the company has shifted the blame to other organisations, attempted to calm its irate customers, and seen its CEO resign. 7:02am: Optus notifies the ACMA about emergency call issues The Australian Communications and Media Authority, which regulates broadcasting, radio and telecommunications, and whose …

Internet Home Affairs Company Senate Bayer Outage This Time
Google CEO Sundar Pichai returns to court to defend internet company for second time in two weeks
1 year, 1 month ago

Google CEO Sundar Pichai returns to court to defend internet company for second time in two weeks

Associated Press  

Google CEO Sundar Pichai on Tuesday was summoned to federal court for the second time in two weeks to testify in an antitrust trial threatening to topple a pillar of an internet empire that he helped build. A key part of Google’s defense against that allegations that its Play Store is running an illegal monopoly on Android apps hinges on …

Trial Search Google Android Apple Epic Company
More Meta employees to lose jobs in the coming weeks, non-engineering roles to be impacted
1 year, 9 months ago

More Meta employees to lose jobs in the coming weeks, non-engineering roles to be impacted

India Today  

The layoff season is not over yet for the Facebook-owned social media company Meta. As per the Wall Street Journal report, the upcoming layoffs could match the 13 per cent job cut tally from last year. The Wall Street Journal reports that the layoffs will be announced in multiple rounds and will be about the same size as the 13 …

Cut Meta
Amazon likely to fire hundreds of workers in India next month
2 years ago

Amazon likely to fire hundreds of workers in India next month

India Today  

Amazon will reportedly layoff hundreds of workers in India as the e-commerce company is planning to close down some of its operations in the country. According to report from Bloomberg, Amazon is quitting its meal delivery business in India, and it will also stop providing doorstep deliveries of packaged consumer goods to small business. A person who is familiar with …

India Amazon
Amazon plans to lay off 10,000 people starting this week: Report
2 years, 1 month ago

Amazon plans to lay off 10,000 people starting this week: Report

Live Mint  

Amazon.com Inc is planning to lay off about 10,000 people in corporate and technology jobs starting as soon as this week, the New York Times reported on Monday, citing people with knowledge of the matter. The job cuts will focus on the e-commerce giant's devices unit, which houses voice-assistant Alexa, as well as its retail division and human resources, according …

‘Catastrophe’: Peru oil spill clean-up to take weeks
2 years, 11 months ago

‘Catastrophe’: Peru oil spill clean-up to take weeks

Al Jazeera  

Government says Repsol spilled some 6,000 barrels of oil into the ocean last week near its La Pampilla refinery, which the company blamed on unusual waves triggered by a volcanic eruption in Tonga. Spanish energy firm Repsol said a clear-up operation for a major oil spill on the coast near Peru’s capital Lima would take until the end of February, …

Oil Spill Peru Repsol Ocean La La Pampilla
Serbia backs out of controversial Rio Tinto lithium mine
2 years, 11 months ago

Serbia backs out of controversial Rio Tinto lithium mine

ABC  

Serbian authorities have abandoned plans to build a controversial lithium mine, the prime minister has said, following weeks of protests against the project set to be built by Anglo-Australian firm Rio Tinto. Key points: Lithium is a key component for electric car batteries Vast deposits were found around the town of Loznica by Rio Tinto in 2006 The company had …

Lithium Serbia Rio Tinto Loznica
ChemoCentryx's avacopan, used to treat rare autoimmune disease, gets approval
3 years, 2 months ago

ChemoCentryx's avacopan, used to treat rare autoimmune disease, gets approval

Hindustan Times  

ChemoCentryx Inc said on Friday the US health agency approved its lead drug for treating a rare, fatal autoimmune disease, sending the biopharmaceutical company's shares up by more than 70%. US health agency approved avacopan, which will be available under brand name Tavneos in the next few weeks, will have a wholesale price of between $150,000 and $200,000 per patient …

Drug Treat Rare Avacopan
Louisiana Power Provider Shares How — And When — The Company Will Repair Outages
3 years, 3 months ago

Louisiana Power Provider Shares How — And When — The Company Will Repair Outages

NPR  

Louisiana Power Provider Shares How — And When — The Company Will Repair Outages NPR's Leila Fadel talks with Rod West, group president of Entergy utility operations, which provides power to New Orleans and throughout Louisiana. For more on what we do know about the power outages and how long it might take to fix, we're joined by Rod West …

Storm Power Damage West Think Know New Orleans
Twitter appoints India compliance exec, yet to fill other roles to meet IT rules
3 years, 5 months ago

Twitter appoints India compliance exec, yet to fill other roles to meet IT rules

The Hindu  

Twitter Inc's India unit has appointed an interim chief compliance officer and said it will soon designate two other executives to comply with the country's new IT rules, the social media giant said in a court filing on Thursday. The Centre said in a court filing earlier this week that Twitter no more enjoys liability protection against user-generated content in …

India Rules Twitter It Rules
Chipotle says employees can make $100,000 after just 3 years on the job
3 years, 7 months ago

Chipotle says employees can make $100,000 after just 3 years on the job

CNN  

New York CNN Business — Restaurants are struggling to hire workers, so some, including Chipotle, are trying to sweeten the pot with higher pay and bigger career opportunities. Chipotle, which aims to hire 20,000 employees ahead of the summer, said it’s also rolling out a $200 employee referral bonus. Chipotle’s troubling pay practices Although Chipotle’s pay announcement could incentivize people …

Employees Work Pay Chipotle
Vivek Oberoi says he was 'being offered astronomical sums of money' even before making acting debut
3 years, 8 months ago

Vivek Oberoi says he was 'being offered astronomical sums of money' even before making acting debut

Hindustan Times  

Actor Vivek Oberoi has reminisced about his film debut, Company, as it completes 19 years. The actor said that the industry was so impressed with his performances, he began signing films for 'astronomical sums of money' even before Company had released. In an interview, he said that he was initially rejected for the role of a gangster, because director Ram …

Company Vivek Vivek Oberoi