Tag: slashes
Meta Slashes Over 11,000 Jobs, 13% of its Workforce
The job cuts were across its Family of Apps and Reality Labs segments.
www.coindesk.com [...]
World Bank slashes economic growth forecasts for China
Earlier post:Some of the numbers and reasoning from the Bank:2022 growth in the East Asia and Pacific region, which includes China, to slow to 3.2%, d [...]
Senate G.O.P. Campaign Arm Slashes TV Ad Buys in Three States
The Republicans’ Senate campaign committee has slashed its television ad reservations in three critical battleground states for the fall, a likely sig [...]
Crypto Exchange CoinFLEX Slashes Team Amid Cost-Cutting Push
CoinFLEX's rough month continues with the decision to "right-size" a business down to its core.
www.coindesk.com [...]
Crypto Mining Stocks Have Huge Upside, Says DA Davidson as It Slashes Hashrate Forecasts
Compared to a June 6 note, D.A. Davidson increased its 2022 upside expectations for Core Scientific (CORZ) and Riot Blockchain (RIOT) to 355% and 189% [...]
Crypto exchange Coinbase slashes staff by 18% amid bear market
Coinbase CEO Brian Armstrong officially announced on Tuesday that he made a "difficult decision" to reduce the size of the Coinbase team by about 18% [...]
GM slashes prices of Chevy Bolt EVs despite rising commodity costs
2022 BOLT EUVSource: ChevroletDETROIT – Despite rising commodity costs, General Motors on Wednesday slashed the price of its 2023 Chevrolet Bolt EV, l [...]
Crypto.com Slashes Card Rewards, CRO Tokens Drop 11% as Community Reacts
"Staking CRO tokens enabled rewards for users and incentivized the use of their debit card," shared Edson Ayllon, Product Manager at dHEDGE, in a Tele [...]
California slashes supplies to water agencies amid record drought
A cracked lake bed at Nicasio Reservoir during a drought in Nicasio, California, on Wednesday, Oct. 13, 2021.David Paul Morris | Bloomberg | Getty Ima [...]
Citi slashes euro area growth forecasts on Russian decoupling
The firm is slashing its 2022 GDP growth forecast for the Eurozone to 2.2%, down from 3.3% previously. As for 2023, the GDP growth forecast is cut to [...]
Lucid slashes 2022 vehicle production forecast
Lucid AirCourtesy: Lucid MotorsLucid Group is cutting its car production forecast for this year by as much as 40%, sending shares of the electric vehi [...]
Tether Slashes Commercial Paper Holdings by 21%
The largest stablecoin issuer by total supply released its latest attestation report on Tuesday.
www.coindesk.com [...]
Tether slashes commercial paper by 21% in latest reserves attestation
USDT stablecoin issuer Tether cut its reserves allocation to commercial paper by more than one fifth between September and December last year, droppin [...]
Peloton slashes full-year outlook as company replaces CEO, cuts jobs
Peloton on Tuesday slashed its financial outlook for the full year after the company announced CEO John Foley will be stepping down, as part of a broa [...]