Finance
Ripple-linked Uphold faces withdrawal delays amid ‘bank run’ claims
Uphold says funds are safe, but delays, layoffs, and regulatory issues have been piling up for the crypto platform in recent months. The post Ripple-linked Uphold…
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Ripple-linked Uphold faces withdrawal delays amid ‘bank run’ claims
Uphold says funds are safe, but delays, layoffs, and regulatory issues have been piling up for the crypto platform in recent months. The post Ripple-linked Uphold faces withdrawal delays amid ‘bank run’…
PepsiCo Stock Nearly Erases Its 2026 Loss as 1,000 Job Cuts Loom
PepsiCo plans to cut about 1,000 jobs across North America. A month earlier, the company lowered its 2026 profit forecast after another weak quarter in North America, especially in beverages. PepsiCo shares,…
Bitcoin price falls below $80,000 as US jobless claims hit 57-year low
Bitcoin has fallen back below $80,000 after stronger-than-expected US jobless claims data showed that layoffs remained historically low, raising fresh questions about the Federal Reserve’s next interest rate decision. According to a…
Circle Layoffs Hit 5% of Staff in a Profitable Quarter: Why Now?
Circle layoffs cut 5% of staff in Q3 as profit rose. Reserve income fell and USDC stalled. Here is why now. The post Circle Layoffs Hit 5% of Staff in a Profitable…
Canva’s First Growth Slowdown in a Decade Triggers a 1,271-Role Restructure
Canva is restructuring 1,271 roles, or 22% of its global workforce. The changes include job cuts, new roles for some staff, and relocations to central hubs. Co-founder and CEO Melanie Perkins announced…
Goldman Sachs warns AI layoffs may lead to long-term worker displacement
AI-driven job displacement may lead to prolonged unemployment and reduced earnings, impacting consumer demand and necessitating retraining programs. The post Goldman Sachs warns AI layoffs may lead to long-term worker displacement appeared…
Disney Layoffs Could Hit Thousands, With Some Managers Told to Cut 20%
Disney layoffs could run into the thousands, according to a Bloomberg report. Some managers were reportedly asked to target 20% in annual cost savings. However, CEO Josh D’Amaro plans to reinvest part…
Goldman Sachs finds AI layoffs leaving long-lasting scars on workers
AI-driven job displacement may lead to prolonged unemployment, exacerbating economic inequality and challenging workforce adaptability. The post Goldman Sachs finds AI layoffs leaving long-lasting scars on workers appeared first on Crypto Briefing.
AI stock Innodata crashes 25% on job cuts, lost contract
Innodata lost a quarter of its market cap after laying off nearly 550 workers in India over a "ramp-down" in a customer contract. The post AI stock Innodata crashes 25% on job…
AmEx fires 5% of workers, raises profit forecast just 1%
AmEx announced layoffs affecting 5% of its workers today while lifting its 2026 profit forecast by a midpoint of just 0.85%. The post AmEx fires 5% of workers, raises profit forecast just…
Eric Schmidt says AI could cut 20% of jobs at large companies, starting with ‘glue people’
AI-driven job cuts in large firms could reshape workforce dynamics, emphasizing creative and leadership roles while reducing coordination tasks. The post Eric Schmidt says AI could cut 20% of jobs at large…
Bitcoin, Ethereum, XRP price outlook as US jobless claims hit 57 year low
Bitcoin, Ethereum and XRP are facing renewed uncertainty over the Federal Reserve’s interest rate outlook after US initial jobless claims fell to 194,000, bringing layoffs close to their lowest level in 57…
Barclays plans to cut 5,000 jobs as it leans on AI to trim costs
Barclays' job cuts highlight a growing trend of financial institutions leveraging AI for cost efficiency, impacting workforce dynamics globally. The post Barclays plans to cut 5,000 jobs as it leans on AI…
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