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Shrinkflation and stagflation: What are they and how could they affect your finances
Yahoo Finance UK· 1 year agoMade up of two separate words: shrink and inflation, shrinkflation is where consumers get less for...
Lyft plans to lay off 26% of its staff in the latest big tech downsizing
Quartz via Yahoo! Philippines News· 1 year agoLyft, one of the largest ride-sharing companies in the US, plans to lay off 26% of its staff, or...
Software firm F5 to lay off 9% staff, trims fiscal revenue guidance
Reuters via Yahoo! Philippines News· 1 year agoCloud and security services firm F5 Inc said on Wednesday it was reducing its workforce by 9% and cutting bonuses of senior executives to bring down costs. F5's downsizing plan, which will affect ...
Virgin Orbit's share price hit a new record low in the wake of mass layoffs
Quartz via Yahoo! Philippines News· 1 year agoRichard Branson’s rocket company is running out of fuel. Virgin Orbit announced it was laying off...
Poshmark lays off employees just two months after being acquired by Naver
TechCrunch via Yahoo! Philippines News· 1 year agoPoshmark, a Redwood City, California-headquartered secondhand apparel marketplace, is laying off a...
Chinese Streamer iQiyi Enjoys ‘Miraculous’ Fourth Quarter Surge in Subscribers and Profitability
Variety via Yahoo! Philippines News· 1 year agoChina-based video streamer iQiyi achieved a surge in paying subscriptions and achieved net profits...
Kraken laying off 30% of workforce as FTX fallout continues to rock crypto industry
Yahoo Finance· 2 years agoCrypto exchange Kraken, the second largest in the U.S., is laying off 30 percent of its workforce,...
As more tech companies lay off workers, job cuts at Twitter are poised to make more noise
Quartz via Yahoo! Philippines News· 2 years agoElon Musk is about ready to start cleaning house at his latest $44 billion buy. Late on Thursday...
Penguin’s merger with Simon & Schuster was blocked because consolidation is bad for authors
Quartz via Yahoo! Philippines News· 2 years agoAntitrust scrutiny is getting in the way of the world’s largest book publisher buying its rival....
The pandemic is finally hitting big tech — two years later
Yahoo Finance· 2 years agoThis article was first featured in Yahoo Finance Tech, a weekly newsletter highlighting our original...