On Wednesday, in a statement Macy’s Inc reported a $3.58 billion loss stemming from the lockdowns induced by the coronavirus which emerged from Wuhan, China. Losses in the coronavirus-hit quarter are mainly in the goodwill and asset impairment charges of… Read More ›
In a statement, the union of airplane maker Airbus said, Airbus will cut 1,700 UK jobs across its operations across Britain including at two of its biggest factories, as it races to save the company from further cash burn. The… Read More ›
In a development that signals a wider racial inclusion into senior management, Netflix Inc has appointed Bozoma Saint John as its chief marketing officer, effective from August 2020. Saint John’s previous work experience includes being the head of marketing at… Read More ›
According to a memo,the investment bank unit of Goldman Sachs Group Inc has formed a new group to increase the recruitment of Black employees and improve career development and retention among existing Black employees. Nicole Sharp, Goldman’s spokeswoman, vetted the… Read More ›
