MarketPulse

job cuts

7 articles
The Motley FoolThe Motley Fool··Jeremy Bowman

Nike's Sharp April Decline Signals Deeper Troubles Ahead for Sportswear Giant

$NKE stock tumbled 16% in April after flat Q3 revenue and profit collapse. CEO Elliott Hill now forecasts low single-digit declines through next three quarters, delaying margin recovery to Q2 2027.
NKEearnings missrevenue decline
The Motley FoolThe Motley Fool··Parkev Tatevosian, Cfa

Intel's Capacity Crunch: Can the Chipmaker Keep Pace With Surging Demand?

Intel faces capacity constraints despite surging AI and data center demand, risking market share losses to better-positioned competitors.
INTCdemandsemiconductor demand
The Motley FoolThe Motley Fool··Parkev Tatevosian, Cfa

Snap Cuts 1,000 Jobs, Targets $500M in Savings Through AI Expansion

Snap cuts 1,000 jobs and targets $500M in cost savings through AI-driven productivity improvements, aiming to improve profitability.
SNAPprofitabilityAI productivity
The Motley FoolThe Motley Fool··Josh Kohn-Lindquist

Snap Surges on Restructuring Plan: 1,000 Job Cuts Signal Pivot to AI-Focused Strategy

Snap stock jumped 7.77% after announcing 1,000 job cuts and $500M cost savings, pivoting toward AI strategy. However, profitability concerns and 17% stock-based compensation dilution remain.
METASNAPPINSshareholder dilutionprofitability
GlobeNewswire Inc.GlobeNewswire Inc.··Replimune Group, Inc.

Replimune's Melanoma Drug Rejected by FDA Despite Promising Trial Data

Replimune receives FDA rejection for RP1 immunotherapy despite 34% response rate in trials. Company plans layoffs, blames regulatory process.
REPLFDA rejectionComplete Response Letter
BenzingaBenzinga··Tanya Rawat

AI Boosts Worker Productivity 65%, But Job Security Fears Hit 15-Year Low

U.S. workers report significant AI productivity gains, yet job market confidence plummets 23 points to 47% as tech giants slash positions amid automation fears.
MSMSpAMSpEMSpFMSpI+14artificial intelligenceAI adoption
BenzingaBenzinga··Eva Mathew

Benioff's AI Layoff Denial Crumbles as Wall Street Cuts Accelerate

Salesforce CEO Marc Benioff dismissed AI job concerns Wednesday, but major firms cut thousands of workers within days, contradicting his optimism.
MSMSpAMSpEMSpFMSpI+14morgan-stanleywhite-collar jobs