cutting

Amazon is cutting jobs in its gaming division as part of a broader restructuring – Portal

Amazon’s logo is seen at the company’s logistics center in Lauwin-Planque, northern France, on January 5, 2023. Portal/Pascal Rossignol acquires license rights Nov 13 (Portal) – Amazon.com (AMZN.O) has cut around 180 jobs in its gaming division, at least the second round of layoffs in a week by the online retailer and digital streaming provider … [Read more…]

The ECB will not start cutting interest rates in the ‘next few quarters’, says Christine Lagarde

Unlock Editor’s Digest for free Roula Khalaf, editor of the FT, picks her favorite stories in this weekly newsletter. The European Central Bank will not start cutting interest rates at least “in the next few quarters,” said its President Christine Lagarde. Lagarde told the Financial Times’ Global Boardroom conference on Friday that inflation in the … [Read more…]