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Breadcrumb Trail LinksPMN BusinessAuthor of the article:The Associated PressMichael LiedtkePublished Feb 14, 2024  •  3 minute read FILE - An exterior view of Cisco Systems Inc. headquarters, May 9, 2012, in Santa Clara, Calif. On…

Israeli solar energy company SolarEdge Technologies (Nasdaq: SEDG) is laying off 900 employees including 550 in Israel, the company has announced. This represents about 16% of the company's workforce and follows weak…

Israeli food company Strauss Group (TASE: STRS) has announced price rises on a quarter of its products. From February 1, the price of Strauss’s olive oil will rise by 25%, chocolate bars will rise by 12-14%, chocolate…

Israeli mobile games developer Playtika Holding Corp. (Nasdaq: PLTK) has begun 2024 by firing 10% of its workforce - 400 employees are being laid off. A source close to the company has told "Globes" that Playtika is…

Oncology company NovoCure (Nasdaq: NVCR), which has developed a novel therapy for solid tumors using electric fields, has announced a strategic restructuring program to save $60 million in operating expenses. The program…

Spencer Platt/Getty Images News Spotify Technology (NYSE:SPOT) is laying off about 17% of its workforce to reduce costs, marking the third round of layoffs for the company this year. In January, the music streaming service provider said…

Warner Bros. Discovery CEO David Zaslav has faced his share of controversial decisions since taking on the task of overhauling the newly merged company in 2022.  Those included shelving completed movies like Batgirl—an unheard-of move in…

Out of the 1,258 job cuts, more than 750 positions are from different levels of Qualcomm’s engineering ranks. The rest of the reductions cover a broad range of roles such as internal technical staff and accounting.  American largest…

© Reuters. FILE PHOTO: Cans of Jupiler beer are seen on the bottling line at Anheuser-Busch InBev brewery in Leuven, Belgium November 25, 2019. REUTERS/Francois Lenoir/File Photo (Reuters) - Anheuser-Busch InBev, whose Bud Light…

© Reuters. FILE PHOTO: The CME Group Inc logo is seen displayed in this illustration taken on April 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo (Reuters) - A spokesman for CME Group (NASDAQ:), the world's largest…