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By Dan Catchpole, Allison Lampert (Reuters) -Boeing will lay off more than 2,200 workers in the U.S. states of Washington and Oregon, according to filings posted on Monday, as part of the debt-heavy U.S. planemaker’s plan to cut 17,000 jobs, or 10% of its global workforce. The aerospace giant started…
Bed Bath & Beyond’s owner said in a regulatory filing that it would cut one-fifth of its workforce.Beyond Inc., formerly known as Overstock, bought the brand last year after it went bankrupt.It said the cuts would support the online-only retailer’s “affinity and data monetization model.” The parent company of Bed…
By Dawn Chmielewski (Reuters) – Paramount Global’s newly appointed co-CEOs are expected to discuss their vision for the media conglomerate with shareholders on Tuesday, even as the company’s controlling shareholder evaluates merging the company with Skydance Media. The trio of executives – George Cheeks, president and CEO of CBS; Chris…
By Patrick Wingrove (Reuters) – Boehringer Ingelheim on Thursday said it will lay off some of its salesforce due to poor U.S. sales of its biosimilar version of AbbVie’s blockbuster arthritis treatment Humira. The German drugmaker said it planned to reduce its customer-facing teams in favor of a hybrid in-person…
