Wayfair to lay off 13% of workforce, impacting 1,650 employees
Advertise here Wayfair IPO on the ground of the New York Stock Exchange. Lucas Jackson | Reuters Wayfair is chopping 13% of its world workforce because the digital house items…
From FedEx to airways, companies are starting to lose their pricing power
Advertise here Pedestrians carrying Nike and Allbirds buying baggage within the SoHo neighborhood of New York on Oct. 24, 2021. Nina Westervelt | Bloomberg | Getty Images After years of…
Etsy stock falls 7% after laying off 11% of its employees, citing 'very difficult' environment
Advertise here The Etsy web site displayed on a laptop computer. Gabby Jones | Bloomberg | Getty Images Etsy is laying off 11% of its workforce on the top of…
Hasbro laying off 1,100 workers as weak toy sales persist into holiday season
Advertise here Hasbro is laying off about 1,100 workers as the toy maker struggles with delicate sales which have carried into the holiday procuring season, in response to an organization…
CNBC Daily Open: Is trouble on the horizon?
Advertise here Strong client spending regardless of increased rates of interest and stubbornly excessive inflation buoyed the U.S. economic system in the third quarter. But will it final? Source link
CNBC Daily Open: Is trouble brewing?
Advertise here Shoppers stroll alongside fifth Avenue on Black Friday in New York, US, on Friday, Nov. 25, 2022. Bloomberg | Bloomberg | Getty Images This report is from right…
Hasbro, Mattel shares plunge as toymakers forecast a lackluster holiday season
Advertise here Game maker Hasbro Justin Sullivan | Getty Images Shares of Hasbro and Mattel sank on Thursday, as each toymakers instructed gross sales will gradual within the fourth quarter.…
Top Wall Street analysts select these dividend stocks to enhance returns
Advertise here Verizon CEO Hans Vestberg on the ground on the New York Stock Exchange (NYSE) in New York, U.S., October 22, 2019. Brendan McDermid When markets get uneven, dividends…
Lego sales increase while other toy makers struggle
Advertise here Lego Star Wars toys sit on show inside a Toys R Us retailer in Paramus, New Jersey, Nov. 26, 2019. Bloomberg | Getty Images While other toy corporations…
Hasbro sells off costly production studio, taking a page from Mattel’s playbook
Advertise here A Hasbro Monopoly board recreation organized in Dobbs Ferry, New York, Feb. 6, 2022. Tiffany Hagler-Geard | Bloomberg | Getty Images Four years after buying Toronto-based production studio…