Ten Square Games said on Monday it plans to cut its workforce by 25%, or about 120 people, by the end of April and suspend two major projects, blaming a challenging economy and an unstable mobile games market.
David's Bridal, the largest wedding gown retailer in North America, filed for bankruptcy protection on Monday, seeking to find a buyer for its business.
Twitter Inc CEO Elon Musk said on Wednesday the social media company is "roughly breaking even," as most of its advertisers have returned and its aggressive cost-cutting efforts have started bearing fruit after massive layoffs.
Credit Suisse and UBS must freeze any job cuts planned as part of their emergency merger, the Swiss Bank Employees' Association (SBPV) said on Tuesday, in an open letter to the country's parliament.
Indian online delivery platform Dunzo has secured funding of $75 million through convertible notes and is laying off about 30% of its staff as it plans a revamp of its business model, the Economic Times reported on Thursday.