Nektar Therapeutics said it will eliminate about 70% of its workforce—more than 500 jobs—as part of a restructuring announced 11 days after the failure of a four-year-old collaboration with Bristol ...

Paramount is making deep cuts to its workforce starting Tuesday as the Hollywood entertainment titan looks to slash costs. Paramount co-CEOs Chris McCarthy, Brian Robbins, and George Cheeks made the ...

In an unexpected twist, Cohere AI, an emergent leader in artificial intelligence technology, has decided to reduce its workforce even after securing an impressive $500 million funding round. This move ...

SiriusXM Holdings, home of Howard Stern, on Monday said it would lay off 8% of its workforce, or about 475 employees, as the satellite radio firm takes a hit from slow subscriber growth. In February, ...

Social media company Snap said on Monday that it would lay off 10% of its global workforce, or around 500 employees, in part to “promote in-person collaboration.” The Snapchat-maker’s shares fell ...

Cybersecurity firm Splunk, set to be Cisco's largest-ever acquisition, announced Wednesday it would lay off approximately 7% of its global workforce, months ahead of the deal close. Splunk had nearly ...

Citigroup Inc.’s workforce in Singapore has shrunk by about 500 people amid a global restructuring planned by the Wall Street giant, the Straits Times reported Monday. It currently has 8,000 full-time ...