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Layoffs Hit Technology Teams General Motors laid off about 500 to 600 employees on Monday, largely affecting information technology roles in Austin, Texas, and Warren, Michigan. The cuts come as the Detroit automaker reassesses its workforce needs and seeks to reduce costs

A New Low-Cost Airline Group Takes Shape Allegiant Travel Co. has completed its acquisition of Sun Country Airlines, creating a larger leisure-focused airline group at a time when the sector is facing higher fuel costs and broader industry uncertainty. The 1.5 billion

A Different Tone From Zuckerberg Meta is preparing another major round of job cuts, but the message from the top is different from the one employees heard during the company’s first post-pandemic layoffs. In late 2022, Mark Zuckerberg apologized to staff and

The Growth Story Behind The IPO SpaceX is best known for reusable rockets and its high-profile push into artificial intelligence through its merger with xAI. But as Elon Musk’s company prepares investors for a massive initial public offering, its prospectus shows that

Streaming leader raises monthly rates again Netflix has increased prices across its U.S. subscription lineup, pushing monthly costs higher for every main plan as the company leans on pricing power to support growth. The change took effect Thursday and affects ad supported,

Job cuts and billion-dollar incentives highlight a company in transition toward artificial intelligence Meta has entered another turbulent phase, cutting hundreds of jobs while simultaneously unveiling an executive compensation plan that could approach one billion dollars for top leaders. The contrast has