Tag Archives: exceed

[unable to retrieve full-text content]Wells Fargo CEO expects severance expenses to exceed $750 million  Yahoo Finance Source link

By Jeffrey Dastin and Uday Sampath Kumar (Reuters) -Amazon.com Inc’s layoffs will now increase to more than 18,000 roles as part of a workforce reduction it previously disclosed, Chief Executive Andy Jassy said in a public staff note on Wednesday. The layoff decisions, which Amazon will communicate starting Jan. 18, will largely impact the company’s e-commerce and human resources organizations, he said. The cuts amount to 6% of Amazon’s roughly 300,000-person corporate workforce and represent a… Source link

(Adds valuation, background on company, sector)    July 7 (Reuters) – Greek-yogurt maker Chobani could be valued at more than $10 billion in its initial public offering (IPO), a person familiar with the matter told Reuters on Wednesday, as the company confidentially filed regulatory paperwork for its stock market listing.    The food sector has gained investor attention over the past few years, especially as fast-food chains and upscale restaurants create new menus to attract health- and… Source link