Company News – Latest Companies news and Analysis IBTimes Singapore

Microsoft and Google's Quarterly Revenue Surges After Cutting Thousands of Jobs Citing Poor Outlook

Google's advertising revenue surged to $54.55 billion against an analyst expectation of $53.75 billion, despite concerns over ad revenue slowdown, which was cited as one of the reasons for the massive job cuts.

Apr 26, 2023

By Jacob J

Disney+ to stream on Amazon Fire TV devices, LG and Samsung smart TVs

Disney Lays Off 7,000 Staff Despite First Quarter Revenue Beating Estimates; Shares Rise

Disney's net income in the first quarter came in at $1.279 billion and revenue hit $23.512 billion, which was better than Street estimates of $23.4 billion.

Feb 9, 2023

By Jacob J

Dell Technologies to Lay Off 6,650 People Following in Drop in PC Demand After Pandemic Boom

The cuts will include 5 per cent of the company's global workforce, reports Bloomberg, citing sources.

Feb 6, 2023

By IANS

Japanese Clothing Giant Uniqlo Offers 40% Pay Rise; Japan's Low Wage Problem in Focus

The company said there was an urgent need to raise pay, in order to bring the pay package on par with global rates.

Jan 11, 2023

By Jacob J

SoftBank Shares Plummet 12% as Vision Fund Loses $10 Billion in Third Quarter

Masayoshi Son-founded SoftBank stops short of announcing the much-awaited stock buyback following the report.

Nov 14, 2022

By Jacob J

Netflix Shares Zoom as Subscription Outlook Turns Healthy; Q3 Earnings Top Estimates at $7.9 Billion

Netflix's revenue in the third quarter was $7.9 billion, up 6 percent from a year earlier and topping analyst projections.

Oct 19, 2022

By Jacob J

Netflix

A man walks past a Singapore Airlines signage at Changi Airport in Singapore

Singapore Airlines Eyes Stake in Air India; Tie-Up With Tata Group Airlines Will Challenge Gulf Carriers

India's Tata Group now controls three airlines -- Air India, Vistara and Air Asia India.

Oct 13, 2022

By Jacob J

Netflix Revenue From Ads to Zoom to $2.65 Billion, New Model to Have 22 Million Subscribers - Report

On Monday, Netflix shares closed at$229.98, compared with $587.37 at the beginning of the year.

Oct 11, 2022

By Jacob J

Netflix

all-4-kidnapped-indian-origin-family-found-dead-in-california

Peloton CEO Barry McCarthy Blames Media After Firing More Than 4,500 Employees in 9 Months

The first major layoff was in February, when the newly installed CEO eliminated more than 2,800 positions.

Oct 9, 2022

By Jacob J

Snap Fires More Than 1,200 Employees Amid Massive Revenue Loss and Share Sell-Off

Snap, which has a total employee strength of 6,400, is laying off around 20 percent of the staff.

Sep 1, 2022

By Jacob J

Ford Fires 3,000 Employees as it Aims to Save $3 Billion; 2,000 Jobs Lost in Dearborn

The job cuts will mainly affect employees in the US, Canada and India.

Aug 23, 2022

By Jacob J

Ecommerce Stores Witness An Increasing Conversion Rate With Sojas Media

Customers value five things the most – quick service, smooth website navigation, cheaper items, responsive customer support, and high quality products

Aug 22, 2022

By IBT Desk

US Fitness Equipment Maker Peloton Fires 780 Employees, Closes Several Stores

The company didn't specify how many of its 86 retail locations will be shut down.

Aug 13, 2022

By IANS

Walmart Slashes Earnings Outlook, Walton Family Fortune Plunges by $13 Billion

The Walton family, which owns its Walmart stake through various trusts, has stepped up its stock sales in recent years.

Jul 27, 2022

By IANS

US Tech Behemoths Announce Layoffs, Hiring Freeze as Economic Gloom Worsens

Data showed at the end of June that the US economy contracted in the first quarter at a faster rate than anticipated earlier.

Jul 24, 2022

By Jacob J

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5 Bangladeshis charged for financing terror attacks to appear in court

India's Myopic Trust in Bangladesh Needs a Critical Relook

By IBTimes SG Desk

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Company News – Latest Companies news and Analysis IBTimes Singapore

Microsoft and Google's Quarterly Revenue Surges After Cutting Thousands of Jobs Citing Poor Outlook

Disney Lays Off 7,000 Staff Despite First Quarter Revenue Beating Estimates; Shares Rise

Dell Technologies to Lay Off 6,650 People Following in Drop in PC Demand After Pandemic Boom

Japanese Clothing Giant Uniqlo Offers 40% Pay Rise; Japan's Low Wage Problem in Focus

SoftBank Shares Plummet 12% as Vision Fund Loses $10 Billion in Third Quarter

Netflix Shares Zoom as Subscription Outlook Turns Healthy; Q3 Earnings Top Estimates at $7.9 Billion

Singapore Airlines Eyes Stake in Air India; Tie-Up With Tata Group Airlines Will Challenge Gulf Carriers

Netflix Revenue From Ads to Zoom to $2.65 Billion, New Model to Have 22 Million Subscribers - Report

Peloton CEO Barry McCarthy Blames Media After Firing More Than 4,500 Employees in 9 Months

Snap Fires More Than 1,200 Employees Amid Massive Revenue Loss and Share Sell-Off

Ford Fires 3,000 Employees as it Aims to Save $3 Billion; 2,000 Jobs Lost in Dearborn

Ecommerce Stores Witness An Increasing Conversion Rate With Sojas Media

US Fitness Equipment Maker Peloton Fires 780 Employees, Closes Several Stores

Walmart Slashes Earnings Outlook, Walton Family Fortune Plunges by $13 Billion

US Tech Behemoths Announce Layoffs, Hiring Freeze as Economic Gloom Worsens

India's Myopic Trust in Bangladesh Needs a Critical Relook

India's Myopic Trust in Bangladesh Needs a Critical Relook

An Unholy Convergence: How Power Politics Trumped Islamic Solidarity in the Middle East

An Unholy Convergence: How Power Politics Trumped Islamic Solidarity in the Middle East

Poverty Porn: West's Selective Obsession and India's Economic Realities

Poverty Porn: West's Selective Obsession and India's Economic Realities