Category : Corporate News


Amazon cuts 14,000 jobs in pandemic hiring reversal

Amazon announces one of its biggest workforce reductions, cutting 14,000 corporate roles in response to pandemic-era overexpansion and economic pressures. Find out which departments are affected and why.

Paramount Cuts 1,000 Jobs in Major Restructuring

US media giant Paramount Global initiates major restructuring with 1,000 job cuts amid potential Skydance merger. Get exclusive details on the layoff strategy and what's next for the entertainment industry.

SC Grants Vodafone Idea Relief in AGR Dues Case

In a significant development, the Supreme Court has directed the Centre to reconsider Vodafone Idea's AGR dues, providing crucial breathing space to the struggling telecom giant. Get the complete breakdown of this game-changing verdict.

CPCL Posts ₹732Cr Q2 Profit in Major Turnaround

Chennai Petroleum Corporation Limited (CPCL) makes a stunning recovery in Q2 FY24, swinging from a ₹1,293 crore loss to a massive ₹732 crore profit. Revenue surges 21% as refinery operations hit peak efficiency.

Private Credit Lenders Acquire Controlling Stake in Netceed

In a dramatic financial takeover, private credit lenders have acquired controlling stake in Netceed, marking a significant shift in telecom infrastructure ownership and signaling growing private credit influence in corporate acquisitions.

Supreme Court grants Vodafone Idea AGR relief

In a crucial development for India's telecom sector, the Supreme Court grants Vodafone Idea additional time to clear AGR dues, providing much-needed breathing space for the struggling operator.

Uncle Nearest Whiskey Faces Bankruptcy Crisis

Uncle Nearest Premium Whiskey, the acclaimed Black-owned spirits company, faces severe financial distress with potential Chapter 11 bankruptcy filing amid mounting debt and legal battles.

Microsoft exec sent animal genitalia photos to Epstein

Former Microsoft executive Michael Larson faces scrutiny for sending disturbing animal genitalia photographs to convicted sex offender Jeffrey Epstein in birthday correspondence, following similar controversies involving Bill Gates.

Target Eliminates 1,800 Corporate Jobs in Restructuring

US retail giant Target announces massive corporate workforce reduction of approximately 1,800 positions as part of strategic cost-cutting measures to revitalize business performance and adapt to changing market dynamics.

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