After Johnson & Johnson's consumer healthcare spinoff last year—and its subsequent reduction in holdings in the new company—the healthcare conglomerate is once again cutting its stake in Kenvue.
, opens new tab announced on Tuesday that it plans to cut hundreds of jobs at its corporate headquarters and relocate a majority of its U.S. and Canada-based remote workforce to three offices, a ...
Johnson & Johnson is selling its remaining shares in Kenvue Inc., the consumer-health business that it spun out last year. The company will exchange the 182.3 million shares of Kenvue’s common ...
June 7 (Reuters) - A U.S. job market scorecard that exceeded all forecasts has undercut confidence over when, or even if, the Federal Reserve will begin easing policy this year, putting the focus ...
But it hardly seemed to matter: Hiring across the economy was broad, and the 272,000 jobs added in May topped even the highest-guessing economist in a Reuters poll. Wage growth accelerated. All ...
(RTTNews) - Telstra Corp. Ltd. (TLSYY.PK, TLS.AX, TLS) announced plans to streamline its operations and cut costs, aiming to reduce its direct workforce by up to 2,800 jobs by the end of this year.
Toshiba to cut 4,000 jobs in Japan under new ownership by Japan Industrial Partners, delisting from stock market. Challenges include management issues, scandals, accounting irregularities, and ...
A surprisingly strong May jobs report added to market concerns that inflation pressures remain elevated in the world's biggest economy. The U.S. economy added more than a quarter-million new jobs ...
Bitcoin falls below US$70,000 after US jobs data and ECB rate cut Bitcoin falls as U.S. adds 272,000 jobs in May with unemployment rate rising to 4%. Forkast News • ...
Microsoft is to begin another round of job cuts, with most falling on its Azure cloud unit and mixed reality division. The cuts are likely to affect more than 1,000 employees, according to a ...
A US job market scorecard that exceeded all forecasts has undercut confidence over when, or even if, the Federal Reserve will begin easing policy this year, putting the focus for the policy outlook on ...