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First Citizen BankShares, which acquired Silicon Valley Bank after its bankruptcy, on Monday accused HSBC Holdings of illegally poaching more than 40 employees of the failed bank to launch its…

work Yahoo Inc. plans to furlough more than 20% of its workforce as part of a major restructuring of its ad tech division, Axios reported Thursday, citing company executives. Half…

Newspaper publisher Postmedia Network Corp. is laying off 11% of its editorial staff, according to sources, a week after employees were told the company was working on an “economic contraction.”…

Microsoft is cutting 10,000 employees, almost 5% of its workforce, in response to “changing macroeconomic conditions and customer priorities.” The company said in a regulatory filing on Wednesday that it…

ByteDance, the Chinese parent company of popular video app TikTok, said some employees improperly accessed TikTok user data of two journalists who are no longer employed by the company, Reuters…

Elon Musk showed up on his first day as Twitter’s new owner hold the sinkA more apt analogy would be the toilet, as after just three weeks the company had…

On Friday, Twitter sent an email notifying employees if they had been laid off, temporarily closing offices and preventing access for staff. In an email to employees, the social media…